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Case Status:    SETTLED
On or around 09/19/2002 (Date of order of final judgment)

Filing Date: September 25, 1998

According to the Order and Final Judgment entered on September 19, 2002, the Court certifies the action as a class action and approves the Settlement as fair, reasonable, and adequate. Plaintiffs' Counsel are awarded $200,000.00 in fees, which the Court finds to be fair and reasonable, and $55,601.28 in reimbursement of expenses, which amounts shall be paid to plaintiffs' lead counsel from the Settlement Fund with interest from the date such Settlement Fund. The case is closed. By the Notice of Proposed Settlement, the settlement fund was in the amount of $800,000.

The original complaint charges Think and certain of its officers and directors with violations of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. The complaint alleges that the defendants made a series of materially false and misleading statements about the Company's financial and operating condition by misstating the Company's revenues and earnings by improperly utilizing the percentage of completion method of accounting in violation of Generally Accepted Accounting Principles. As a result, the price of Think's common stock was artificially inflated throughout the Class Period.

COMPANY INFORMATION:

Sector: Services
Industry: Business Services
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: THNK
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: S.D. New York
DOCKET #: 98-CV-06809
JUDGE: Hon. Sidney H. Stein
DATE FILED: 09/25/1998
CLASS PERIOD START: 11/14/1997
CLASS PERIOD END: 09/21/1998
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. 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
  2. Squitieri & Fearon LLP (New York)
    420 5th Avenue, 18th Floor, Squitieri & Fearon LLP (New York), NY 10018
    212.575.2092 212.575.2184 · lee@sfclasslaw.com
No Document Title Filing Date
COURT: S.D. New York
DOCKET #: 98-CV-06809
JUDGE: Hon. Sidney H. Stein
DATE FILED: 04/14/2000
CLASS PERIOD START: 11/05/1997
CLASS PERIOD END: 09/21/1998
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Abbey Gardy, LLP (New York)
    212 East 39th Street, Abbey Gardy, LLP (New York), NY 10016
    212.889.3700 · info@abbeygardy.com
  2. 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
  3. Squitieri & Fearon LLP (New York)
    420 5th Avenue, 18th Floor, Squitieri & Fearon LLP (New York), NY 10018
    212.575.2092 212.575.2184 · lee@sfclasslaw.com
No Document Title Filing Date