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Case Status:    SETTLED
On or around 07/28/2000 (Date of order of final judgment)

Filing Date: March 26, 1999

On December 18, 2000, the Court entered the Order by U.S. District Judge Richard P. Matsch approving the distribution of the settlement fund. Earlier, on July 28, 2000, the Court entered the Final Judgment and Bar Order by Judge Matsch approving the Settlement and dismissing the action with prejudice and without costs. Plaintiffs’ Counsel was awarded attorneys' fees in the amount of 25% of the Settlement Amount ($750,000.00) or $187,500.00 and reimbursement of expenses of $75,000.00 from the Settlement Amount.

The class action complaint charges defendents TCC Industries, Inc. and several of its officers and directors with violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. Specifically, the Complaint alleges that throughout the Class Period, defendants inflated the price of TCCI stock artificially by knowingly or recklessly disregarding that TCCI was unable to execute a plan to transform itself from a manufacturing company to a financial services company.

COMPANY INFORMATION:

Sector: Technology
Industry: Electronic Instruments & Controls
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: TEL
Company Market: New York SE
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: D. Colorado
DOCKET #: 99-CV-611
JUDGE: Hon. Richard P. Matsch
DATE FILED: 03/26/1999
CLASS PERIOD START: 09/03/1997
CLASS PERIOD END: 01/25/1999
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Allen & Vellone, P.C.
    1600 Stout Street, Suite 1100 , Allen & Vellone, P.C., CO 80202
    303.534.4490 303.893.8330 ·
  2. Berger & Montague PC
    1622 Locust Street, Berger & Montague PC, PA 19103
    800.424.6690 215.875.4604 · investorprotect@bm.net
No Document Title Filing Date
COURT: D. Colorado
DOCKET #: 99-CV-611
JUDGE: Hon. Richard P. Matsch
DATE FILED: 08/20/1999
CLASS PERIOD START: 09/03/1997
CLASS PERIOD END: 01/25/1999
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Allen & Vellone, P.C.
    1600 Stout Street, Suite 1100 , Allen & Vellone, P.C., CO 80202
    303.534.4490 303.893.8330 ·
  2. Berger & Montague PC
    1622 Locust Street, Berger & Montague PC, PA 19103
    800.424.6690 215.875.4604 · investorprotect@bm.net
No Document Title Filing Date