Case Page

 

Case Status:    DISMISSED    
On or around 01/22/2003 (Other)

Filing Date: January 13, 1999

According to the most recent docket posted on the site, on June 24, 2002 and January 22, 2003, the Ninth Circuit Court of Appeals dismissed three, separate appeals with prejudice filed previously by Plaintiffs, defendant Splash Technology and certain Individual Defendants, and the third filed by one Individual Defendant and Radius Inc.

On August 29, 2001, the Court entered two Orders by U.S. District Judge Saundra B. Armstrong granting motions by defendants to dismiss the second amended complaint with prejudice. Three Notice of Appeals were then filed by the Plaintiffs and the Defendants.

The original complaint charges Splash, certain of its officers and directors, its lead underwriters, two venture capital firms and Radius, Inc. with violations of the Securities Exchange Act of 1934. The complaint alleges that in order to inflate the price of Splash stock, while concealing the adverse conditions which Defendants knew were already impacting Splash's business, Defendants falsely represented that demand for all of Splash's products was strong, Splash occupied a unique market position characterized by accelerating market demand, Splash's financial results were indicative of continued strong product demand, there was very strong demand for Splash print servers in Asia, Splash's growth rate would be fueled beyond the industry's growth rate of 35% and Splash could grow revenue and earnings 35%-50% with substantial upside as it gains market share.

COMPANY INFORMATION:

Sector: Technology
Industry: Communications Equipment
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: SPLH
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 #: 99-CV-0109
JUDGE: Hon. Saundra Brown Armstrong
DATE FILED: 01/13/1999
CLASS PERIOD START: 01/07/1997
CLASS PERIOD END: 10/13/1998
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Law Offices of Bruce G. Murphy
    265 Llwyds Lane, Law Offices of Bruce G. Murphy, FL 32963
    561.231.4202 ·
  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
COURT: N.D. California
DOCKET #: 99-CV-0109
JUDGE: Hon. Saundra Brown Armstrong
DATE FILED: 10/25/2000
CLASS PERIOD START: 01/07/1997
CLASS PERIOD END: 10/13/1998
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Law Offices of Bruce G. Murphy
    265 Llwyds Lane, Law Offices of Bruce G. Murphy, FL 32963
    561.231.4202 ·
  2. Milberg Weiss Bershad Hynes & Lerach LLP (Los Angeles, CA)
    355 S Grand Ave - Ste 4170, Milberg Weiss Bershad Hynes & Lerach LLP (Los Angeles, CA), CA 90071-3172
    213.617.9007 ·
  3. Milberg Weiss Bershad Hynes & Lerach LLP (S.F., CA)
    100 Pine Street - Suite 2600, Milberg Weiss Bershad Hynes & Lerach LLP (S.F., CA), CA 94111
    415.288.4545 415.288.4534 ·
  4. 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
No Document Title Filing Date
No Document Title Filing Date