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Case Status:    DISMISSED    
On or around 04/14/2000 (Other)

Filing Date: August 01, 1997

According to the latest docket posted, the court gave order that plaintiffs' counsel may withdraw. The case was dismissed without prejudice, and no further actions were taken.

The original complaint charges misrepresentations in sale of unregistered Maratech Stocks and Bonds. The complaint alleges violations of state and federal securities laws and the Racketeer Influenced and Corrupt Organization Act. The complaint also alleges that defendants committed fraud in the sale of the unregistered stocks and bonds, failed to provide information to members of the Class about those investments, and made a series of false and misleading statements in order to solicit investors.

Note: The class consist of all persons who purchased or otherwise acquired shares of stock in a company known as Maratech on or after March 1, 1991, or purchased or otherwise acquired ownership interest on or after January 2, 1993 in certain bonds known as "MaraBonds" in a New York corporation known as MaraFund, Ltd., and who suffered damages as a result of those purchases. Excluded from the class are the defendants in the action and members of their immediate families, and their heirs, successors, assigns, subsidiaries, affiliates, officers, agents, representatives, and employees.

COMPANY INFORMATION:

Sector: Basic Materials
Industry: Containers & Packaging
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol:
Company Market: Privately Traded
Market Status: Privately Held

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. Florida
DOCKET #: 97-CV-08603
JUDGE: Hon. Ursula Ungaro-Benages
DATE FILED: 08/01/1997
CLASS PERIOD START: 03/01/1991
CLASS PERIOD END: 08/01/1997
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. DeSantis, Gaskill & Hunston
    11891 US Highway 1; PO Box 14127, DeSantis, Gaskill & Hunston, FL 33408-0127
    561-622-2700 ·
  2. Lockridge, Grindal, Nauen P.L.L.P.
    Suite 301, 660 Pennsylvania Avenue Southeast, Lockridge, Grindal, Nauen P.L.L.P., DC 20003-4335
    202.544.9840 202.544.9850 ·
  3. Shepherd & Geller LLC
    117 Gayley Street, Suite 200, Shepherd & Geller LLC, PA 19063
    ·
No Document Title Filing Date
COURT: S.D. Florida
DOCKET #: 97-CV-08603
JUDGE: Hon. Ursula Ungaro-Benages
DATE FILED: 11/01/1998
CLASS PERIOD START: 03/01/1991
CLASS PERIOD END: 08/01/1997
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. DeSantis, Gaskill & Hunston
    11891 US Highway 1; PO Box 14127, DeSantis, Gaskill & Hunston, FL 33408-0127
    561-622-2700 ·
  2. Lockridge Grindal Nauen & Holstein
    100 Washington Avenue S., Suite 2200, Lockridge Grindal Nauen & Holstein, MN 55401
    612.339.6900 ·
  3. Lockridge, Grindal, Nauen P.L.L.P.
    Suite 301, 660 Pennsylvania Avenue Southeast, Lockridge, Grindal, Nauen P.L.L.P., DC 20003-4335
    202.544.9840 202.544.9850 ·
  4. Shepherd & Geller LLC
    117 Gayley Street, Suite 200, Shepherd & Geller LLC, PA 19063
    ·
No Document Title Filing Date