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Case Status:    SETTLED
On or around 10/28/1998 (Date of order of final judgment)

Filing Date: June 09, 1997

According to the docket, on October 22, 1998, the Court entered the Order by U.S. District Judge Carlos R. Moreno granting the motions for the final approval of the stipulation of settlement and the plan of allocation. The Court further entered that day the Final Judgment and Order of dismissal, and the case was terminated. The Notice of Pendency and Proposed Settlement announced that the settlement amount reached was in the amount of $6,750,000.

As reported by the firm's Form 10-K for the fiscal year ended December 31, 1998, a settlement has been reached with respect to this lawsuit and has
been approved by the court in which the action was pending. Under
the settlement, the claims against VCA and all other defendants will be
dismissed without presumption or admission of any liability or wrongdoing. The
full amount of the settlement and associated legal costs have either been
previously reserved or will be covered by VCA's insurance carriers.

The complaint charges VCA and certain of its officers and directors with violations of the federal securities laws. VCA is an operator of animal hospitals and veterinary diagnostic laboratories which also sells dog and cat food. The complaint alleges that during the Class Period, defendants issued false statements about VCA's animal hospitals, diagnostic laboratories and pet food operations, VCA's success in integrating several acquisitions, including the operating efficiencies and cost savings being achieved thereby and VCA's future earnings per share ("EPS") growth, which increased VCA stock to an all-time high of $32-3/4 per share in April 1996.

COMPANY INFORMATION:

Sector: Consumer Non-Cyclical
Industry: Food Processing
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: VCAI
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: C.D. California
DOCKET #: 97-CV-4244
JUDGE: Hon. Consuelo B. Marshall
DATE FILED: 06/09/1997
CLASS PERIOD START: 02/15/1996
CLASS PERIOD END: 11/14/1996
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
COURT: C.D. California
DOCKET #: 97-CV-4244
JUDGE: Hon. Consuelo B. Marshall
DATE FILED: 11/21/1997
CLASS PERIOD START: 02/15/1996
CLASS PERIOD END: 11/14/1996
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