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Case Status:    SETTLED  
—On or around 02/13/2001 (Date of order of final judgment)
Current/Last Presiding Judge:  
Hon. Edward Rafeedie

Filing Date: April 28, 1998

According to the docket dated July 17, 2002, on February 12, 2001, U.S. District Judge Edward Rafeedie awarded plaintiffs’ counsel attorney’s fees of 25% of settlement fund and reimbursement of litigation expenses in the amount $93,534.57, together with interest for the same time period and at the same rate as that earned on the settlement fund until paid. Further, on October 9, 2001, Judge Rafeedie issued an Order authorizing the disbursement of the net settlement fund. The Court also approved the payment to the claims administrator in the amount of $84,939.53 paid from the settlement fund. The case settled for $4.5 million.

The original complaint was filed on behalf of all persons who purchased the common stock of Shopping.com, Inc., ("IBUY" or the "Company"), alleging violations of the anti-fraud provision of the federal securities laws against IBUY, its senior executives and the investment banking firm which together with IBUY's senior executives manipulated the trading price of IBUY's shares.

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