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Case Status:    SETTLED
On or around 05/02/2001 (Date of order of distribution of settlement)

Filing Date: October 30, 1997

According to the docket dated May 02, 2001, the parties entered into a settlement agreement. On May 02, 2000, the court issued its Final Judgment for the plaintiffs terminating the case.

The original complaint alleges that Phoenix and certain of its directors and officers, its accounting firm, Ernst & Young, and the lead underwriter of its October 12, 1994 IPO, Auerbach, Pollak & Richardson, Inc., violated the federal securities laws by making misrepresentations in the prospectus for the IPO, the company's 1994 and 1995 annual reports, and various press releases. The complaint alleges that the misrepresentations related to undisclosed related party transactions and overstatements of revenue and earnings.

COMPANY INFORMATION:

Sector: Healthcare
Industry: Medical Equipment & Supplies
Headquarters: Ireland

SECURITIES INFORMATION:

Ticker Symbol: PHNXY
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. Connecticut
DOCKET #: 97-CV-2172
JUDGE: Magistrate Judge Donna F. Martinez
DATE FILED: 10/30/1997
CLASS PERIOD START: 10/12/1994
CLASS PERIOD END: 11/06/1996
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Schatz & Nobel, P.C.
    330 Main Street, Schatz & Nobel, P.C., CT 06106
    800.797.5499 860.493.6290 · sn06106@AOL.com
No Document Title Filing Date