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Case Status:    SETTLED
On or around 02/23/1999 (Date of order of final judgment)

Filing Date: September 09, 1997

According to the Final Judgment and Order dated February 22, 1999, the Court, for purposes of this Final Judgment and Order of Dismissal, adopts all defined terms as set forth in the Stipulation. The case is closd.

On December 8, 1998, Judge Christina A. Snyder preliminarily approved settlement and approved the form and manner of notice. The Company and the plaintiffs have entered into an agreement in principle for the settlement of the claims asserted in these parallel federal and state court actions. This settlement is subject to approval of the parties of the documentation required to evidence the settlement, which documentation will be filed with the courts, and is further conditioned upon receiving preliminary and final approval by the appropriate courts. The proposed settlement creates a fund in the amount of $4,625,000.00 in cash and will include any interest that accrues on the fund prior to distribution.

The original (Marc Dauber, et al. v. Aames Financial Corporation et al., Case No. 97-6714 (JMI)) was consolidated with Case Nos. 97-8095 (JMI) and 97-6814 (JMI), which alleged violations of federal securities laws. In the federal actions, the complaints on file identify a class period from January 23, 1996 through April 30, 1997.

COMPANY INFORMATION:

Sector: Financial
Industry: Consumer Financial Services
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: AAM
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: C.D. California
DOCKET #: 97-CV-6714
JUDGE: Hon. Christina A. Snyder
DATE FILED: 09/09/1997
CLASS PERIOD START: 01/23/1996
CLASS PERIOD END: 04/30/1997
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. 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
  2. Weiss & Yourman (New York, NY)
    The French Building, 551 Fifth Ave., Suite 1600, Weiss & Yourman (New York, NY), NY 10126
    212.682.3025 212.682.3010 · info@wyca.com
No Document Title Filing Date
COURT: C.D. California
DOCKET #: 97-CV-6714
JUDGE: Hon. Christina A. Snyder
DATE FILED: 11/23/1998
CLASS PERIOD START:
CLASS PERIOD END:
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. 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
No Document Title Filing Date