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Case Status:    SETTLED
On or around 06/20/2002 (Date of order of final judgment)

Filing Date: May 14, 1999

According to the docket dated , the court entered its Final Order and Judgment on June 20, 2002, approving the settlement and dismissing the complaint with prejudice.

According to the Notice of Proposed Settlement of Class Action dated April 8, 2002, the parties agreed to a settlement fund in the amount of $4,750,000 in cash and will include interest that accrues on the fund prior to distribution.

According to a Press Release dated 5/14/99, the Complaint alleges that the company issued false information about company earnings and growth potential, including an overstatement of assets in company financial statements, and the concealing of information that the company was about to lose a large contract with Glaxo Wellcome PLC. As a result, the company stock traded at artificially high prices during the class period. The complaint further alleges: (a) during the time the stock price was artificially high, the company held a secondary offering that benefited it and certain officers and controlling shareholders; (b) company insiders sold large quantities of personal stock at high prices; and (c) the company used its stock as currency for an acquisition.

COMPANY INFORMATION:

Sector: Services
Industry: Business Services
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: BLPG
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: D. New Jersey
DOCKET #: 99-CV-02231
JUDGE: Hon. Dickinson R. Debevoise
DATE FILED: 05/14/1999
CLASS PERIOD START: 05/05/1998
CLASS PERIOD END: 05/05/1999
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Bross, Zipkin & Pinilis, LLC
    17 Academy Street, Suite 1200, Bross, Zipkin & Pinilis, LLC, NJ 7102
    973.642.3336 ·
  2. Law Offices of Steven E. Cauley, P.A. (Little Rock)
    2200 Rodney Parham Road Suite 218, Law Offices of Steven E. Cauley, P.A. (Little Rock), AR 72212
    501.312.8500 ·
No Document Title Filing Date
COURT: D. New Jersey
DOCKET #: 99-CV-02231
JUDGE: Hon. Dickinson R. Debevoise
DATE FILED: 11/22/1999
CLASS PERIOD START: 05/05/1998
CLASS PERIOD END: 02/04/1999
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Kaplan Fox & Kilsheimer, LLP (Morristown, NJ)
    237 South Street, Kaplan Fox & Kilsheimer, LLP (Morristown, NJ), NJ 07962
    973.656.0222 973.401.1114 · info@kaplanfox.com
No Document Title Filing Date