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Case Status:    SETTLED
On or around 07/26/2000 (Date of order of final judgment)

Filing Date: August 28, 1998

On July 25, 2000, the court determined that the settlement is fair and reasonable to the class members and entered a judgment approving the settlement and dismissing the Colorado Litigations with prejudice. Subsequently, the Colorado state court entered a judgment dismissing the shareholder class action lawsuits pending in that court. The settlement provides that all defendants and related parties, including Samsonite and its officers, directors and shareholders, will be fully released from all claims that were asserted or could have been asserted in the Colorado Litigations (in which the federal securities complaint has been amended to include the claims asserted in the Delaware Litigation). All amounts to be paid pursuant to the settlement will be paid entirely by Samsonite's insurance carrier.

Between August 28, 1998 and November 12, 1998, twelve complaints were filed in
United States District Court for the District of Colorado against the Company,
certain officers and directors of the Company, and Apollo Advisors, L.P. and/or
Apollo Investment Fund, L.P. Most of the purported class actions sought to
maintain an action on behalf of a purported class consisting of purchasers of
Samsonite common stock during the period from June 4, 1997 to August 11, 1998.

COMPANY INFORMATION:

Sector: Consumer Cyclical
Industry: Apparel/Accessories
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: SAMC
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: D. Colorado
DOCKET #: 98-CV-1878
JUDGE: Hon. Richard P. Matsch
DATE FILED: 08/28/1998
CLASS PERIOD START: 06/04/1997
CLASS PERIOD END: 08/11/1998
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Bernard M. Gross
    1500 Walnut Street, Suite 600, Bernard M. Gross, PA 19102
    215.561.3600 215.561.3000 · bmgross@BernardMGross.com
No Document Title Filing Date
COURT: D. Colorado
DOCKET #: 98-CV-1878
JUDGE: Hon. Richard P. Matsch
DATE FILED: 05/01/2000
CLASS PERIOD START: 09/10/1996
CLASS PERIOD END: 08/11/1998
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Barrack, Rodos & Bacine (San Diego - former)
    402 West Broadway , Barrack, Rodos & Bacine (San Diego - former), CA 92101
    619.230.0800 619.230.1874 · info@barrack.com
  2. 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