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Case Status:    DISMISSED    
On or around 08/03/2004 (Other)

Filing Date: July 27, 1999

According to the docket, on March 17, 2004, the Court entered the Order denying the motion for sanctions against the defendants for spoliation of electronic evidence. The plaintiff soon after filed a Notice of Appeal and on August 2, 2004, the Court entered the Order from the Sixth Circuit Court of Appeals dated July 29, 2004, dismissing the appeal upon stipulation of parties to voluntarily dismiss.

Earlier, on January 10, 2003, the Court entered the Order by U.S. District Judge Robert L. Echols granting the motion for summary judgment, denying motion for additional discovery in support of plaintiff's opposition to defendants' motion for summary judgment, and denying as moot the motion to strike certain testimony and evidence. The case was dismissed. On February 7, 2003, the plaintiff filed a Notice of Appeal. On August 18, 2003, the Court entered the information copy from the Sixth Circuit Court of Appeals dated August 13, 2003, dismissing the appeal for lack of jurisdiction. The plaintiff’s motion to vacate briefing scheduling order and stay appeal was denied as moot.

The complaint charges UTC and certain of its senior executives with violations of the federal securities laws arising out of defendants' unlawful payments of as much as $30 million to senior ICP executives to obtain their assistance and support in consummating the Tender Offer. The complaint alleges that by offering to pay and/or paying tens of millions of dollars of special payments to senior ICP executives, defendants have violated the provisions of Section 14 of the Securities Exchange Act of 1934 and the SEC regulations promulgated thereunder.

The securities class action was commenced on behalf of persons who tendered shares of International Comfort Products Corporation ("ICP") (AMEX:ICP) to United Technologies Corporation (NYSE:UTX) and its wholly-owned subsidiary, Triton Acquisitions Limited (collectively, "UTC"), in connection with UTC's offer to purchase the outstanding shares of ICP at $11.75 per share (the "Tender Offer").

COMPANY INFORMATION:

Sector: Conglomerates
Industry: Conglomerates
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: UTX
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: M.D. Tennessee
DOCKET #: 99-CV-655
JUDGE: Hon. Robert L. Echols
DATE FILED: 07/27/1999
CLASS PERIOD START:
CLASS PERIOD END:
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Barrett, Johnston & Parsley
    217 Second Avenue, N, Barrett, Johnston & Parsley, TN 37201
    615.244.2202 ·
  2. Milberg Weiss Bershad Hynes & Lerach LLP (San Diego, CA)
    600 West Broadway, 1800 One America Plaza, Milberg Weiss Bershad Hynes & Lerach LLP (San Diego, CA), CA 92101
    800.449.4900 · support@milberg.com
No Document Title Filing Date
COURT: M.D. Tennessee
DOCKET #: 99-CV-655
JUDGE: Hon. Robert L. Echols
DATE FILED: 05/13/2002
CLASS PERIOD START:
CLASS PERIOD END:
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Barrett, Johnston & Parsley
    217 Second Avenue, N, Barrett, Johnston & Parsley, TN 37201
    615.244.2202 ·
  2. Cauley Geller Bowman & Coates, LLP (Little Rock, AR)
    11311 Arcade Drive, Suite 200, Cauley Geller Bowman & Coates, LLP (Little Rock, AR), AR 72212
    ·
  3. Chernau, Chaffin & Burnsed, P.C.
    424 Church Street, Suite 1750, SunTrust Center, Chernau, Chaffin & Burnsed, P.C., TN 37219
    615.244.5480 ·
  4. Lerach Coughlin Stoia Geller Rudman & Robbins LLP (San Diego)
    401 B Street, Suite 1700, Lerach Coughlin Stoia Geller Rudman & Robbins LLP (San Diego), CA 92101
    206.749.5544 206.749.9978 · info@lerachlaw.com
  5. Milberg Weiss Bershad Hynes & Lerach LLP (San Diego, CA)
    600 West Broadway, 1800 One America Plaza, Milberg Weiss Bershad Hynes & Lerach LLP (San Diego, CA), CA 92101
    800.449.4900 · support@milberg.com
No Document Title Filing Date