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Case Status:    SETTLED
On or around 04/04/2006 (Date of order of final judgment)

Filing Date: March 15, 2002

According to the docket posted, on April 3, 2006, the Settlement Fairness Hearing was held before U.S. District Judge Kenneth L. Ryskamp. On April 4, 2006, the Court entered the Final Judgment and Order approving the settlement and dismissing the action with prejudice. The case is closed.

In a press release dated February 15, 2006, a hearing has been scheduled before this Court on Apri1 3, 2006 to a) consider approval of the proposed settlement of this action for, among other consideration, $750,000, plus $25,000 for notice costs; b) certification of a plaintiff class; c) Class Counsel's application for attorney's fees and reimbursement of expenses; and d) related matters in the above-captioned action brought on behalf of the Class.

On February 11, 2004, a Notice of Commencement of Chapter 11 Bankruptcy Case was filed by Eagle Building Inc.

Several similar, purported class action lawsuits were also filed in the U.S. District Court for the Southern District of Florida. On May 23, 2002, the U.S. District Court for the District of Nevada issued an Order transferring the action to the U.S.D.C. for the Southern District of Florida. By order dated July 31, 2002, the United States District Court for the Southern District of Florida consolidated all of the class action cases, appointed certain parties as lead plaintiffs and the attorneys for the
plaintiffs as lead co-counsel for the class. The new case is styled In Re Eagle
Building Technologies, Inc., Securities Litigation, Case Number 02-80294-CIV-RYSKAMP.

The original complaint alleges that as a result of materially false and misleading
statements concerning Eagle's products, operations and financial results, Eagle's securities traded at artificially inflated prices during the Class Period. The complaint further alleges that the artificial inflation continued until the time Eagle acknowledged that its prior financial results, from December 31, 2000 to September 30, 2001, were overstated and that certain press releases issued by Eagle concerning post-September 11th security measures marketed by Eagle may have been false and misleading. This action seeks to recover damages on behalf of defrauded investors who purchased Eagle securities.

COMPANY INFORMATION:

Sector: Capital Goods
Industry: Constr. - Supplies & Fixtures
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: EGBT
Company Market: OTC-BB
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. Florida
DOCKET #: 02-CV-0367
JUDGE: Hon. Philip M. Pro
DATE FILED: 03/15/2002
CLASS PERIOD START: 04/18/2001
CLASS PERIOD END: 02/14/2002
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Beatie & Osborne LLP
    599 Lexington Avenue, 42nd Floor, Beatie & Osborne LLP, NY 10022
    212.888.9000 212.888.9664 ·
  2. Berman DeValerio Pease Tabacco Burt & Pucillo (CA)
    425 California Street, Suite 2025, Berman DeValerio Pease Tabacco Burt & Pucillo (CA), CA 94104
    415.433.3200 415.433.6382 ·
  3. Cauley Geller Bowman Coates & Rudman LLP (Little Rock, AR)
    P.O. Box 25438, Cauley Geller Bowman Coates & Rudman LLP (Little Rock, AR), AR 72221-5438
    501.312.8500 501.312.8505 ·
  4. Cohen Milstein Hausfeld & Toll PLLC (Seattle WA)
    701 Fifth Avenue, Suite 6860, Cohen Milstein Hausfeld & Toll PLLC (Seattle WA), WA 98014
    206.521.0080 206.521.0166 · lawinfo@cmht.com
  5. Kaplan Fox & Kilsheimer, LLP (San Francisco, CA)
    100 Pine Street, 26th Floor, Kaplan Fox & Kilsheimer, LLP (San Francisco, CA), CA 94111
    415.772.4700 415.677.1233 · info@kaplanfox.com
  6. 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
  7. LeBlanc & Waddell, LLC
    201 St. Charles Avenue, Suite 3204, LeBlanc & Waddell, LLC, LA 70170
    504.523.9900 504.522.9300 ·
  8. Milberg Weiss Bershad Hynes & Lerach LLP (S.F., CA)
    100 Pine Street - Suite 2600, Milberg Weiss Bershad Hynes & Lerach LLP (S.F., CA), CA 94111
    415.288.4545 415.288.4534 ·
  9. Rabin & Peckel LLP
    275 Madison Avenue, 34th Floor, Rabin & Peckel LLP, NY 10016
    212.682.1818 212.682.1892 · email@rabinlaw.com
  10. 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
COURT: S.D. Florida
DOCKET #: 02-CV-80294
JUDGE: Hon. Philip M. Pro
DATE FILED: 02/06/2004
CLASS PERIOD START: 11/21/2000
CLASS PERIOD END: 02/14/2002
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Murray, Frank & Sailer LLP
    275 Madison Ave 34th Flr, Murray, Frank & Sailer LLP, NY 10016
    212.682.1818 212.682.1892 · email@murrayfrank.com
  2. Sichenzia Ross Friedman Ference LLP
    1065 Avenue of the Americas, 21st Floor, Sichenzia Ross Friedman Ference LLP, NY 10018
    212.930.9700 ·
  3. WeissLaw LLP
    551 Fifth Avenue, Suite 1600, WeissLaw LLP, NY 10176
    212.682.3025 212.682-3010 · info@wllawny.com
No Document Title Filing Date
No Document Title Filing Date