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Case Status:    DISMISSED    
On or around 12/01/1999 (Date of order of final judgment)

Filing Date: March 22, 1999

According the docket dated November 30, 1999, on December 1, 1999, the Court entered the Order signed by U.S. District Judge Ralph W. Nimmons, Jr., dismissing the complaint without prejudice based upon the Plaintiffs' Notice of Voluntary Dismissal. All pending motions were denied as Moot, and the clerk was directed to close all five files. The case was closed. The Plaintiff’s Notice of Voluntary Dismissal Without Prejudice was filed on October 7, 1999.

The Complaint alleges that purchasers of PSSI common stock during the Class Period were damaged by reason of the defendants' conduct in violation of Sections 10(b) and 20(a) of the Exchange Act. Specifically, the Complaint alleges that the company, under the direction of the individual defendants, issued financial statements that overstated revenues from acquired entities by improperly using the pooling of interest method of accounting. The complaint further alleges that this resulted in overstated earnings throughout the Class Period.


Sector: Healthcare
Industry: Medical Equipment & Supplies
Headquarters: United States


Ticker Symbol: PSSI
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: M.D. Florida
DOCKET #: 99-CV-00268
JUDGE: Hon. John H. Moore II
DATE FILED: 03/22/1999
CLASS PERIOD END: 03/10/1999
  1. Burt & Pucillo LLP
    515 North Flagler Drive, Northbridge Centre, Suite 1701, Burt & Pucillo LLP, FL 33401
    800.349.4612 ·
  2. Douglas D. Chunn, P.A.
    225 Water St., Suite 1250, Douglas D. Chunn, P.A., FL 32202
    904/355.8800 ·
  3. Kaplan Fox & Kilsheimer, LLP (former New York, NY)
    805 Third Avenue, 22nd Floor, Kaplan Fox & Kilsheimer, LLP (former New York, NY), NY 10022
    212.687.1980 212.687.7714 ·
  4. Law Offices of Bruce G. Murphy
    265 Llwyds Lane, Law Offices of Bruce G. Murphy, FL 32963
    561.231.4202 ·
  5. Wolf Haldenstein Adler Freeman & Herz LLP (New York)
    270 Madison Avenue, Wolf Haldenstein Adler Freeman & Herz LLP (New York), NY 10016
    212.545.4600 212.686.0114 ·
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