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Case Status:    DISMISSED    
On or around 03/17/2004 (Date of order of final judgment)

Filing Date: January 07, 1999

On October 13, 2004, the Court entered the Order of the 11th Circuit Court of Appeals granting parties’ joint motion to dismiss the appeal with prejudice.

Earlier, Judge Evans dismissed the claims of certain plaintiffs with prejudice. Then, on March 17, 2004, the Court entered the Order by U.S. District Judge Orinda D. Evans granting the motion for summary judgment for the individual defendants. The Judgment was entered for certain defendants and against plaintiffs for costs of the action and the case was terminated. A Notice of Appeal was soon after filed by a number of plaintiffs.

On April 13, 2001, the court entered the Notice of filing bankruptcy petition and automatic stay of proceedings by defendant World Access, Inc.

The original Complaint names WAXS and certain of the Company's officers and directors as defendants, alleging that these parties violated Sections 10(b) and 20(a) of the Exchange Act, as well as SEC Rule lOb-5 promulgated thereunder, by originating a series of materially misleading statements and omissions concerning the Company's business prospects and financial condition. Specifically, the Complaint alleges that, throughout the Class Period, the defendants repeatedly misrepresented the demand for the Company's products and the margins on the sales of such products.

COMPANY INFORMATION:

Sector: Services
Industry: Communications Services
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: WAXS
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: N.D. Georgia
DOCKET #: 99-CV-00043
JUDGE: Hon. Orinda D. Evans
DATE FILED: 01/07/1999
CLASS PERIOD START: 10/27/1998
CLASS PERIOD END: 01/04/1999
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. Chitwood & Harley LLP
    1230 Peachtree Street, N.E., 2300 Promenade II, Chitwood & Harley LLP, GA 30309
    888.873.3999 404.873.4476 · info@chitwoodlaw.com
  3. Faruqi & Faruqi LLP (New York) (former)
    320 East 39th Street, Faruqi & Faruqi LLP (New York) (former), NY 10016
    212.983.9330 212.983.9331 · Nfaruqi@faruqilaw.com
No Document Title Filing Date
COURT: N.D. Georgia
DOCKET #: 99-CV-00043
JUDGE: Hon. Orinda D. Evans
DATE FILED: 05/28/1999
CLASS PERIOD START: 10/07/1998
CLASS PERIOD END: 01/05/1999
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. Barrack, Rodos & Bacine (Main office, Philadelphia)
    Two Commerce Square, 2001 Market Street, Suite 3300 , Barrack, Rodos & Bacine (Main office, Philadelphia), PA 19103
    215.963.0600 215.963.0838 · info@barrack.com
  3. Chitwood & Harley LLP
    1230 Peachtree Street, N.E., 2300 Promenade II, Chitwood & Harley LLP, GA 30309
    888.873.3999 404.873.4476 · info@chitwoodlaw.com
  4. Faruqi & Faruqi LLP (New York) (former)
    320 East 39th Street, Faruqi & Faruqi LLP (New York) (former), NY 10016
    212.983.9330 212.983.9331 · Nfaruqi@faruqilaw.com
No Document Title Filing Date
No Document Title Filing Date