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Case Status:    SETTLED
On or around 09/29/2000 (Date of order of final judgment)

Filing Date: May 09, 1997

According to the docket, on February 28, 2000, a Stipulation of Settlement was filed, and on May 12, 2000, the Court entered the Order by U.S. District Judge John G. Heyburn II granting the motion for order of preliminary approval of settlement. On September 29, 2000, Judgment was entered granting the motions for final approval of the proposed class action settlement and for attorney fees and reimbursement of expenses. The case was terminated.

The original complaint charges Videolan and certain of its former and present officers and directors (collectively, the "Defendants") with violations of the federal securities laws by, among other things, making false and misleading statements to the investing public that Videolan had entered into an agreement with the Samsung Corporation of Korea ("Samsung") under which Samsung had committed to purchase from Videolan between $50,000,000 and $70,000,000 worth of Videolan's VL 2000 product (the "Samsung Agreement"). The Complaint alleges that the
Defendants' misrepresentations regarding the Samsung Agreement artificially
inflated the price of Videolan's securities during the Class Period.

COMPANY INFORMATION:

Sector: Technology
Industry: Computer Peripherals
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: VLNT
Company Market: NASDAQ
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: W.D. Kentucky
DOCKET #: 97-CV-00296
JUDGE: Hon. John G. Heyburn II
DATE FILED: 05/09/1997
CLASS PERIOD START: 11/07/1995
CLASS PERIOD END: 05/28/1996
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Abbey Gardy & Squiteri LLP (San Francisco)
    595 Market Street, Suite 2500, Abbey Gardy & Squiteri LLP (San Francisco), CA 94105
    415.538.3725 ·
  2. Arnzen, Parry & Wentz, P.S.C.
    128 E. Second Street, P.O. Box 472, Arnzen, Parry & Wentz, P.S.C. , KY 41012-0472
    606.431.6100 ·
  3. James V. Bashian
    500 Fifth Ave Ste 2800, James V. Bashian, NY 10110
    ·
  4. Schatz & Nobel, P.C.
    330 Main Street, Schatz & Nobel, P.C., CT 06106
    800.797.5499 860.493.6290 · sn06106@AOL.com
  5. Stull, Stull & Brody (New York)
    6 East 45th Street, Stull, Stull & Brody (New York), NY 10017
    310.209.2468 310.209.2087 · SSBNY@aol.com
  6. Weiss & Yourman (New York, NY)
    The French Building, 551 Fifth Ave., Suite 1600, Weiss & Yourman (New York, NY), NY 10126
    212.682.3025 212.682.3010 · info@wyca.com
  7. Wolf Popper, LLP
    845 Third Avenue, Wolf Popper, LLP, NY 10022-6689
    877.370.7703 212.486.2093 · IRRep@wolfpopper.com
No Document Title Filing Date
COURT: W.D. Kentucky
DOCKET #: 97-CV-00296
JUDGE: Hon. John G. Heyburn II
DATE FILED: 09/22/1997
CLASS PERIOD START: 11/07/1995
CLASS PERIOD END: 05/28/1996
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Abbey Gardy & Squiteri LLP (San Francisco)
    595 Market Street, Suite 2500, Abbey Gardy & Squiteri LLP (San Francisco), CA 94105
    415.538.3725 ·
  2. Berman DeValerio Pease & Tabacco PC
    One Liberty Square, Berman DeValerio Pease & Tabacco PC, MA 02109
    617.542.8300 ·
  3. Cohen Milstein Hausfeld & Toll PLLC (Seattle WA)
    701 Fifth Avenue, Suite 6860, Cohen Milstein Hausfeld & Toll PLLC (Seattle WA), WA 98014
    206.521.0080 206.521.0166 · lawinfo@cmht.com
  4. Schatz & Nobel, P.C.
    330 Main Street, Schatz & Nobel, P.C., CT 06106
    800.797.5499 860.493.6290 · sn06106@AOL.com
  5. Strauss & Troy
    The Federal Reserve Building, 150 East Fourth Street, Strauss & Troy, OH 45202-4018
    513.621.2120 513.241.8250 · wlwoods@strauss-troy.com
  6. Stull, Stull & Brody (New York)
    6 East 45th Street, Stull, Stull & Brody (New York), NY 10017
    310.209.2468 310.209.2087 · SSBNY@aol.com
  7. Weiss & Yourman (New York, NY)
    The French Building, 551 Fifth Ave., Suite 1600, Weiss & Yourman (New York, NY), NY 10126
    212.682.3025 212.682.3010 · info@wyca.com
  8. Wolf Popper, LLP
    845 Third Avenue, Wolf Popper, LLP, NY 10022-6689
    877.370.7703 212.486.2093 · IRRep@wolfpopper.com
No Document Title Filing Date
No Document Title Filing Date