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Case Status:    SETTLED
On or around 10/23/2000 (Date of order of final judgment)

Filing Date: December 23, 1997

According to the firm's 10-Q filing dated 11/02/2000, a final settlement has been reached by the parties. Pursuant to the Private Securities Litigation
Reform Act, the federal court approved the settlement on October 20, 2000 and
dismissed the federal action.

The complaint charges Spectrian and certain of its officers and directors with violations of the federal securities laws. Spectrian provides ultra-linear, high-power RF amplifiers to cellular infrastructure manufacturers. The complaint alleges that in a six-month period between May 1997 through October 1997, defendants caused Spectrian's stock price to increase from $12 per share to $64 per share, while Spectrian and its top insiders sold 2,358,882 shares of Spectrian stock at as high as $45 per share for proceeds of $101 million, as defendants told the market that the robust and growing demand for its products and successful relationships with Spectrian's two largest customers would lead
to strong EPS growth in FY98 to $2.24-$2.45 and three-to-five year EPS growth for Spectrian of 20%-40%.

COMPANY INFORMATION:

Sector: Technology
Industry: Communications Equipment
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: SPCT
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: N.D. California
DOCKET #: 97-CV-4672
JUDGE: Hon. Claudia Wilken
DATE FILED: 12/23/1997
CLASS PERIOD START: 07/17/1997
CLASS PERIOD END: 10/23/1997
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Cohen Milstein Hausfeld & Toll PLLC (Seattle WA)
    701 Fifth Avenue, Suite 6860, Cohen Milstein Hausfeld & Toll PLLC (Seattle WA), WA 98014
    206.521.0080 206.521.0166 · lawinfo@cmht.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
  3. 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
No Document Title Filing Date
COURT: N.D. California
DOCKET #: 97-CV-4672
JUDGE: Hon. Claudia Wilken
DATE FILED: 06/12/1998
CLASS PERIOD START: 07/17/1997
CLASS PERIOD END: 10/23/1997
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Krislov & Associates, Ltd.
    20 North Wacker Drive, Suite 1350, Krislov & Associates, Ltd. , IL 60606
    312.606.0500 312.606.0207 · Clint@krislovlaw.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
  3. Schiffrin & Barroway LLP
    3 Bala Plaza E, Schiffrin & Barroway LLP, PA 19004
    610.667.7706 610.667.7056 · info@sbclasslaw.com
No Document Title Filing Date
No Document Title Filing Date