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Case Status:    DISMISSED    
On or around 06/25/2002 (Other)

Filing Date: August 09, 1999

According to the docket, on June 13, 2002, a Stipulation of dismissal with prejudice was filed by Prudential Securities and on June 25, 2002, pursuant to the Court’s Order, the action was dismissed with prejudice.

Earlier, on March 3, 2000, a Third Amended Class Action Complaint was filed by the plaintiffs terminating certain Individual Defendants and defendant Jefferson Savings. Further, on October 20, 2000, the Court entered the Order by U.S. District Judge G. P. Murphy and pursuant to a Stipulation for dismissal filed on October 12, 2000, dismissing the action against a certain Individual Defendant without prejudice.

The complaint alleges defendants Jefferson Savings Bancorp and certain of its officers and directors issued false and misleading statements and failed to disclose material facts concerning Jefferson Savings' operations. The suit alleges insiders lied about the thrift's financial performance and merger possibilities in order to inflate the stock price, which caused investors in Jefferson Savings to pay more than they should have for the stock. In some cases, the complaint alleges, insiders profited by selling their own stock at the artificially inflated prices. The suit also names Prudential Securities Inc. and a former broker at Prudential as defendants.

COMPANY INFORMATION:

Sector: Financial
Industry: S&Ls/Savings Banks
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: JSBA
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. Illinois
DOCKET #: 99-CV-00567
JUDGE: Hon. Paul E. Riley
DATE FILED: 08/09/1999
CLASS PERIOD START: 01/01/1998
CLASS PERIOD END: 04/14/1999
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Rex Carr Law Firm LLC
    412 Missouri Avenue, The Rex Carr Law Firm LLC, IL 62201
    618.274.0434 618.274.8369 · info@rexcarr.com
No Document Title Filing Date
COURT: S.D. Illinois
DOCKET #: 99-CV-00567
JUDGE: Hon. Paul E. Riley
DATE FILED: 03/03/2000
CLASS PERIOD START: 01/01/1998
CLASS PERIOD END: 04/14/1999
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Rex Carr Law Firm LLC
    412 Missouri Avenue, The Rex Carr Law Firm LLC, IL 62201
    618.274.0434 618.274.8369 · info@rexcarr.com
No Document Title Filing Date