According to the Judgment, entered on April 7, 2000, U.S. District Judge Loretta A. Preska granted defendants’ motion to dismiss the First Amended and Consolidated Complaint with prejudice in its entirety. The case was closed.

The original complaint alleges that Ultrafem and certain of its officers and directors violated Sections 11, 12, and 15 of the Securities Act of 1933 and Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by misrepresenting and/or omitting material information concerning the company's business and revenues, including information about problems with the sales of the company's main product, Instead.