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Case Status:    SETTLED
On or around 04/23/2004 (Date of order of final judgment)

Filing Date: June 01, 1999

According to the docket dated March 11, 2005, on April 23, 2004, the Court entered the Order and Judgment approving the settlement, and awarding Lead Counsel fees in the amount of $ 680,833 (33 1/3%) plus interest from the time the Settlement Fund and disbursements of $ 70,545.54 paid from the Settlement Fund. Class representative Lorraine Padgett was awarded reimbursement of $4,000 and plaintiff Allain Roy was awarded reimbursement of $ 4,000 paid from the Settlement Fund in accord with the terms of the Stipulation and the Final Judgment.

By the Notice of Pendency and Proposed Settlement of Class Action and Settlement Hearing dated February 25, 2004, the proposed settlement is in the amount of $2,042,500 in cash. A hearing will be held on April 21, 2004 to consider: (1) whether the Settlement should be approved by the Court as fair, reasonable and adequate; (2) whether the Action should be dismissed on the merits with prejudice, as set forth in the Stipulation of Settlement (the “Stipulation”) dated February 3, 2004, on file with the Court; (3) whether the proposed Distribution Plan should be approved; (4) whether the Court should approve the application of Class Counsel for the payment of attorneys’ fees and reimbursement of costs and expenses, as well as reimbursement of expenses for certain lead plaintiffs; and (5) whether the Notice should be approved as fair.

The original complaint alleges that certain officers and directors of the Company violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by, among other things, misrepresenting and/or omitting material information concerning dELiA*s business, revenues, and earnings, were poised to continue to grow at record levels, while failing to disclose negative trends known by the defendants to exist, or recklessly disregarded by then, such as the fact that dELiA*s had been experiencing softer response rates on catalogs mailed since the beginning of 1998. These statements cause dELiA*'s common stock price to be artificially inflated during the Class Period.

COMPANY INFORMATION:

Sector: Services
Industry: Retail (Catalog & Mail Order)
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: DLIA
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. New York
DOCKET #: 99-CV-3951
JUDGE: Hon. John E. Sprizzo
DATE FILED: 06/01/1999
CLASS PERIOD START: 05/21/1998
CLASS PERIOD END: 06/17/1998
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Schatz & Nobel, P.C.
    330 Main Street, Schatz & Nobel, P.C., CT 06106
    800.797.5499 860.493.6290 · sn06106@AOL.com
  2. Stull, Stull & Brody (New York)
    6 East 45th Street, Stull, Stull & Brody (New York), NY 10017
    310.209.2468 310.209.2087 · SSBNY@aol.com
  3. 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: S.D. New York
DOCKET #: 99-CV-3951
JUDGE: Hon. John E. Sprizzo
DATE FILED: 03/22/2000
CLASS PERIOD START: 01/20/1998
CLASS PERIOD END: 09/10/1998
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Schatz & Nobel, P.C.
    330 Main Street, Schatz & Nobel, P.C., CT 06106
    800.797.5499 860.493.6290 · sn06106@AOL.com
  2. Stull, Stull & Brody (New York)
    6 East 45th Street, Stull, Stull & Brody (New York), NY 10017
    310.209.2468 310.209.2087 · SSBNY@aol.com
  3. 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