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Case Status:    SETTLED
On or around 01/05/1998 (Date of order of final judgment)

Filing Date: July 24, 1996

According to the Final Judgement, dated December 15, 1997, U.S. District Judge James L. King approved the motion for settlement. The plaintiff's counsel was awarded the sum of $166,667.67 as legal fees and $23,640.00 as reimbursement of their costs and out-of-pocket expenses to date. The case was closed.

According to the complaint, among the questions of law and fact involved herein which are common to the Class and which predominate over any questions affecting individual members of the Class, are:
(i) whether the federal securities law were violated by defendants' acts as alleged herein;
(ii) whether the Registration Statement and Prospectus omitted or misrepresented material facts concerning ICN and its business;
(iii) whether the Individual Defendants and the Defendant Underwriter exercised due diligence in connection with the Registration Statement and Prospectus; and
(iv) the extent of damages sustained by members of the Class and the appropriate measure of damages.

COMPANY INFORMATION:

Sector: Services
Industry: Motion Pictures
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: ICNI
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. Florida
DOCKET #: 96-CV-2021
JUDGE: Hon. James Lawrence King
DATE FILED: 07/24/1996
CLASS PERIOD START: 06/29/1995
CLASS PERIOD END: 08/31/1995
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Bernstein Liebhard & Lifshitz, LLP (New York)
    10 E. 40th Street, 22nd Floor, Bernstein Liebhard & Lifshitz, LLP (New York), NY 10016
    800.217.1522 · info@bernlieb.com
  2. Goodkind Labaton Rudoff & Sucharow LLP
    100 Park Avenue, Goodkind Labaton Rudoff & Sucharow LLP, NY 10017
    212.907.0700 212.818.0477 · info@glrslaw.com
No Document Title Filing Date
COURT: S.D. Florida
DOCKET #: 96-CV-2021
JUDGE: Hon. James Lawrence King
DATE FILED: 05/16/1997
CLASS PERIOD START: 06/29/1995
CLASS PERIOD END: 08/31/1995
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Bernstein Liebhard & Lifshitz, LLP (New York)
    10 E. 40th Street, 22nd Floor, Bernstein Liebhard & Lifshitz, LLP (New York), NY 10016
    800.217.1522 · info@bernlieb.com
  2. Goodkind Labaton Rudoff & Sucharow LLP
    100 Park Avenue, Goodkind Labaton Rudoff & Sucharow LLP, NY 10017
    212.907.0700 212.818.0477 · info@glrslaw.com
No Document Title Filing Date