Case Page

 

Case Status:    DISMISSED    
On or around 10/01/2004 (Date of order of final judgment)

Filing Date: September 27, 2000

According to the Company’s FORM 10-K or the fiscal year ended December 31, 2005, a purported class action lawsuit was filed on September 27, 2000, in the United States District Court for the Southern District of New York on behalf of Dan Gavish, Tricia Fontan and Walter Fontan individually and allegedly on behalf of all others similarly situated who purchased the securities of Revlon, Inc. and REV Holdings Inc. (a Delaware corporation and the predecessor of REV Holdings LLC, a Delaware limited liability company (‘‘REV Holdings’’)) between October 2, 1998 and September 30, 1999 (the ‘‘Second Gavish Action’’). The complaint, amended by the plaintiffs in November 2001, alleged, among other things, that Revlon, Inc., certain of its present and former officers and directors and REV Holdings Inc. violated, among other things, Rule 10b-5 under the Securities Exchange Act of 1934, as amended (the ‘‘Exchange Act’’). On September 29, 2004, the United States District Court for the Southern District of New York dismissed the Second Gavish Action, without prejudice.

As summarized by the docket, on October 18, 2000, the Court entered the Order consolidating this action with In re Revelon, Inc. Securities Litigation, 99 Civ. 10192 (SHS). The plaintiffs filed a motion for reconsideration of this order, and on August 27, 2001, the Court granted the plaintiffs’ motion for reconsideration, and upon reconsideration, the Court denied defendants' request to consolidate this action with 99 civ. 10192. Further, the Court appointed lead plaintiffs and co-lead counsel. On November 9, 2001, the plaintiffs filed an Amended Class Action Complaint.

The original complaint alleges that certain officers and directors of the Company violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by, among other things, misrepresenting and/or omitting material information concerning Revlon's revenues and results of operations. These statements caused
Revlon's securities prices to be artificially inflated during the Class Period.

COMPANY INFORMATION:

Sector: Consumer Non-Cyclical
Industry: Personal & Household Products
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: REV
Company Market: New York SE
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: S.D. New York
DOCKET #: 00-CV-07291
JUDGE: Hon. Sidney H. Stein
DATE FILED: 09/27/2000
CLASS PERIOD START: 10/02/1998
CLASS PERIOD END: 09/30/1999
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Law Offices of Charles J. Piven, P.A.
    World Trade Center-Baltimore,401 East Pratt Suite 2525, Law Offices of Charles J. Piven, P.A., MD 21202
    410.332.0030 · pivenlaw@erols.com
  2. Stull, Stull & Brody (New York)
    6 East 45th Street, Stull, Stull & Brody (New York), NY 10017
    310.209.2468 310.209.2087 · SSBNY@aol.com
No Document Title Filing Date
COURT: S.D. New York
DOCKET #: 00-CV-07291
JUDGE: Hon. Sidney H. Stein
DATE FILED: 11/09/2001
CLASS PERIOD START: 10/02/1998
CLASS PERIOD END: 09/30/1999
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Stull, Stull & Brody (New York)
    6 East 45th Street, Stull, Stull & Brody (New York), NY 10017
    310.209.2468 310.209.2087 · SSBNY@aol.com
  2. Weiss & Yourman (New York, NY)
    The French Building, 551 Fifth Ave., Suite 1600, Weiss & Yourman (New York, NY), NY 10126
    212.682.3025 212.682.3010 · info@wyca.com
No Document Title Filing Date