Case Page

 

Case Status:    DISMISSED    
On or around 02/12/1999 (Other)

Filing Date: May 22, 1998

According to the docket dated March 11, 1999, on September 18, 1998, U.S. District Judge Suzanne B. Conlon ordered the Plaintiff's motion for class certification moot. The motions to dismiss the plaintiff's amended complaint were granted. Counts III and IV were dismissed with prejudice. Counts I, II, V and VI were dismissed without prejudice. A Notice of Appeal was later filed by the plaintiff. On February 8, 1999, the Seventh Circuit Court dismissed the appeal.

The lawsuit was filed on behalf of all former Gast shareholders who sold
their shares pursuant to a merger agreement dated August 21, 1996 ("Merger").
The lawsuit was filed on behalf of plaintiff Mark Krieger and is captioned Mark
A. Krieger v. Warren E. Gast, et. al., No. 98 C 3182. Plaintiff's complaint
alleges, inter alia, that defendants violated sections 10(b) and 20 of the 1934
Securities Exchange Act, 15 U.S.C. section 78, et. seq., by making material
misrepresentations and omissions of fact as to the true value of Gast in order
to improperly squeeze out Gast's minority shareholders.

COMPANY INFORMATION:

Sector: Capital Goods
Industry: Misc. Capital Goods
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: N.D. Illinois
DOCKET #: 98-CV-3182
JUDGE: Hon. Milton I. Shadur
DATE FILED: 05/22/1998
CLASS PERIOD START: 08/21/1996
CLASS PERIOD END: 05/22/1998
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Susman & Watkins
    Two First National Plaza; Suite 600, Susman & Watkins, IL 60603
    312.346.3466 ·
No Document Title Filing Date
COURT: N.D. Illinois
DOCKET #: 98-CV-3182
JUDGE: Hon. Milton I. Shadur
DATE FILED: 08/07/1998
CLASS PERIOD START: 08/21/1996
CLASS PERIOD END: 05/22/1998
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Susman & Watkins
    Two First National Plaza; Suite 600, Susman & Watkins, IL 60603
    312.346.3466 ·
No Document Title Filing Date
No Document Title Filing Date