Case Page

 

Case Status:    SETTLED
On or around 03/07/2007 (Ongoing date of last review)

Filing Date: November 25, 1998

According to the docket, the Court has entered various settlements between Plaintiff Class members and certain Individual Defendants. The most recent settlement was on March 16, 2005. The Court entered a Stipulation of Settlement and Order by U.S. District Judge Napoleon A. Jones Jr. approving the Stipulation of Settlement as to certain individual Settling Defendants and the Settling Class Members. All claims of these Settling Class Members against the Settling Defendants are ordered dismissed with prejudice and the Settling Defendants agrees to pay immediately upon execution of this stipulation. The case is still pending.

In addition, the Court has entered an Order on February 11, 2002, granting Plaintiffs' request for dismissal of the certain Individual Defendants from the action without prejudice. Earlier, On September 7, 2000, the the Court granted plaintiffs' request for Class Certification on Claims 5-9 of the third amended and consolidated complaint. The Court also granted plaintiffs' request for Class Certification as to the Section 12(1) claim against the Defendants.

The original complaint alleges violations of Section 12(a)(1) of the Securities Act of 1933 (and violations of Section 5 of that Act), 15 USC Section 77l (a)(1) and 15 USC Section 77 (e); the complaint also alleges violations of Section 10 of the Securities Exchange Act of 1934, 15 USC Section 78j and Rule 10b-5 of the Securities and Exchange Commission.

Note: Alliance Leasing Corporation is presently in a Chapter 11 bankruptcy proceeding in the United States District Court for the Southern District of California (San Diego), Case No. 98-14142-B11 and is not named as a defendant in the complaint.

COMPANY INFORMATION:

Sector: Services
Industry: Rental & Leasing
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol:
Company Market: Privately Traded
Market Status: Privately Held

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: S.D. California
DOCKET #: 98-CV-2150
JUDGE: Hon. Thomas J. Whelan
DATE FILED: 11/25/1998
CLASS PERIOD START: 11/01/1997
CLASS PERIOD END: 11/25/1998
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Barry L. Adams
    1214 College Avenue, Barry L. Adams, CA 95404
    707.542.6644 ·
  2. Krause Kalfayan Benink & Slavens, LLP (San Diego)
    1010 Second Avenue, Suite 1750, Krause Kalfayan Benink & Slavens, LLP (San Diego), CA 92101
    619.232.0331 619.232.4019 · info@krausekalfayan.com
  3. Siderius Lonergan
    500 Union Street, Suite 847, Siderius Lonergan, WA 98101
    206.624.2800 ·
No Document Title Filing Date
COURT: S.D. California
DOCKET #: 98-CV-2150
JUDGE: Hon. Thomas J. Whelan
DATE FILED: 03/27/2000
CLASS PERIOD START: 11/01/1997
CLASS PERIOD END: 11/25/1998
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Barry L. Adams
    1214 College Avenue, Barry L. Adams, CA 95404
    707.542.6644 ·
  2. Krause Kalfayan Benink & Slavens, LLP (San Diego)
    1010 Second Avenue, Suite 1750, Krause Kalfayan Benink & Slavens, LLP (San Diego), CA 92101
    619.232.0331 619.232.4019 · info@krausekalfayan.com
  3. Siderius Lonergan
    500 Union Street, Suite 847, Siderius Lonergan, WA 98101
    206.624.2800 ·
No Document Title Filing Date