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Case Status:    SETTLED
On or around 03/24/2006 (Date of order of final judgment)

Filing Date: May 01, 2001

According to the Final Judgment and Order of Dismissal with Prejudice signed by U.S. District Judge Claudia Wilken dated March 24, 2006, this Court approves the settlement.

By the Notice of Pendency and Proposed Settlement of Class Action, a settlement fund consisting of $3,500,000 in cash has been established. The Court will hold a fairness hearing at 10:00 a.m., on March 24, 2006, at the United States Courthouse, 1301 Clay Street, Oakland, California. At this hearing the Court will consider whether the settlement is fair, reasonable, and adequate. The Court will also consider how much to pay to Lead Counsel. The Court may decide these issues at the hearing or take them under consideration.

The original complaint charges U.S. Aggregates and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Specifically, the complaint alleges that on April 3, 2001, U.S. Aggregates issued a press release, which stated in part, that the Company was going to restate its earnings for the first three quarters of 2000, restate its net loss of $2.6 million, or $0.17 per diluted share, to a net loss of $5.1 million. On this news, U.S. Aggregates shares dropped to $4.30, or more than 79% lower than the Class Period high of $20-1/4. Plaintiff seeks to recover damages on behalf of all purchasers of U.S. Aggregates publicly traded securities during the Class Period.

COMPANY INFORMATION:

Sector: Capital Goods
Industry: Construction - Raw Materials
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: AGA
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: N.D. California
DOCKET #: 01-CV-01688
JUDGE: Hon. James A. Harris
DATE FILED: 05/01/2001
CLASS PERIOD START: 04/25/2000
CLASS PERIOD END: 04/02/2001
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Law Offices of Marc S. Henzel (Bala Cynwyd)
    273 Montgomery Ave. Suite 202, Law Offices of Marc S. Henzel (Bala Cynwyd), PA 19004
    610.660.8000 610.660.8080 · securitiesfraud@comcast.net
  2. Milberg Weiss Bershad Hynes & Lerach LLP (San Diego, CA)
    600 West Broadway, 1800 One America Plaza, Milberg Weiss Bershad Hynes & Lerach LLP (San Diego, CA), CA 92101
    800.449.4900 · support@milberg.com
  3. Schiffrin & Barroway LLP
    3 Bala Plaza E, Schiffrin & Barroway LLP, PA 19004
    610.667.7706 610.667.7056 · info@sbclasslaw.com
No Document Title Filing Date
COURT: N.D. California
DOCKET #: 01-CV-01688
JUDGE: Hon. James A. Harris
DATE FILED: 10/04/2002
CLASS PERIOD START: 04/25/2000
CLASS PERIOD END: 04/02/2001
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Lerach Coughlin Stoia Geller Rudman & Robbin (San Francisco)
    100 Pine Street, Suite 2600, Lerach Coughlin Stoia Geller Rudman & Robbin (San Francisco), CA 94111
    415.288.4545 415.288.4534 · info@lerachlaw.com
  2. Lerach Coughlin Stoia Geller Rudman & Robbins LLP (San Diego)
    401 B Street, Suite 1700, Lerach Coughlin Stoia Geller Rudman & Robbins LLP (San Diego), CA 92101
    206.749.5544 206.749.9978 · info@lerachlaw.com
  3. Milberg Weiss Bershad Hynes & Lerach LLP (San Diego, CA)
    600 West Broadway, 1800 One America Plaza, Milberg Weiss Bershad Hynes & Lerach LLP (San Diego, CA), CA 92101
    800.449.4900 · support@milberg.com
No Document Title Filing Date
No Document Title Filing Date