Case Page

 

Case Status:    DISMISSED    
On or around 02/10/2004 (Date of order of final judgment)

Filing Date: May 01, 2001

According to the Company’s FORM 10-K for the fiscal year ended January 31, 2004, two shareholders filed lawsuits, purporting to be class actions, against the Company and its Chief Executive Officer in the United States District Court, for the Southern District of Ohio, Western Division, were consolidated as Case No. 1:01-CV-265. The court dismissed the suit and the appeal period has run without an appeal having been filed. Furthermore, the Company has been notified by the staff of the SEC that its inquiry relating to the restatement has been terminated and no enforcement action has been recommended to the SEC against the Company.

The original complaint charges Kroger and one of its officers and directors with issuing false and misleading statements concerning its business and financial condition. Specifically, the complaint alleges that on March 5, 2001, Kroger announced that it would have to restate earnings back to its fiscal 1998 year as a result of improper accounting practices at its ``Ralphs'' subsidiary. Plaintiff further alleges that Defendants had knowledge of the improper accounting practices since September 2000. The complaint alleges that Defendants' misstatements artificially inflated the market price of Kroger common stock purchased by the Class.

COMPANY INFORMATION:

Sector: Services
Industry: Retail (Grocery)
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: KR
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. Ohio
DOCKET #: 01-CV-00265
JUDGE: Hon. Susan J. Dlott
DATE FILED: 05/01/2001
CLASS PERIOD START: 12/05/2000
CLASS PERIOD END: 03/02/2001
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Edward J. Carreiro

    ·
  2. 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
  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: S.D. Ohio
DOCKET #: 01-CV-00265
JUDGE: Hon. Susan J. Dlott
DATE FILED: 06/17/2002
CLASS PERIOD START: 12/05/2000
CLASS PERIOD END: 03/02/2001
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Abbey Gardy, LLP (New York)
    212 East 39th Street, Abbey Gardy, LLP (New York), NY 10016
    212.889.3700 · info@abbeygardy.com
  2. 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
No Document Title Filing Date