Case Page

 

Case Status:    SETTLED
On or around 07/28/2003 (Date of order of final judgment)

Filing Date: June 05, 2002

Recently, on April 5, 2005, the plaintiff filed an Enforce Judgment Motion to Enforce Order. On May 12, 2006, the defendant Miller Johnson Steichen Kinnard, Inc. filed a Memorandum in opposition to the plaintiff’s motion. The motion is currently pending before the Court.

On January 29, 2003, a Stipulation of Settlement was filed. On April 21, 2003, the Court entered the Order by Judge Richard H. Kyle preliminarily approving the Stipulation of Settlement, certifying the settlement class and approving the notice of pendency of settlement. On July 28, 2003, the Court the Final Order approving the settlement and attorneys' fees and costs. The Court further entered Judgment and the case was dismissed with prejudice. According to the lead counsel’s web site, the settlement fund was in the amount of $5.6 million.

The original complaint states that approximately $32 million in Stockwalk commercial paper was unregistered and sold in violation of Section 12(1) of the Securities Act of 1933, 15 U.S.C. sec. 77l(1). Since the collapse of the issuer, Stockwalk Group, Inc., and the bankruptcy of that company, the securities have become worthless.

COMPANY INFORMATION:

Sector: Financial
Industry: Investment Services
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: D. Minnesota
DOCKET #: 02-CV-1236
JUDGE: Hon. Richard H. Kyle
DATE FILED: 06/05/2002
CLASS PERIOD START: 09/27/2001
CLASS PERIOD END: 09/27/2001
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Chestnut & Cambronne, P.A.
    222 South Ninth Street, 3700 Piper Jaffray Tower, Chestnut & Cambronne, P.A., MN 55402
    612.339.7300 612.336.2940 · info@chestnutcambronne.com
No Document Title Filing Date
COURT: D. Minnesota
DOCKET #: 02-CV-1236
JUDGE: Hon. Richard H. Kyle
DATE FILED: 07/23/2002
CLASS PERIOD START: 09/27/2001
CLASS PERIOD END: 09/27/2001
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Chestnut & Cambronne, P.A.
    222 South Ninth Street, 3700 Piper Jaffray Tower, Chestnut & Cambronne, P.A., MN 55402
    612.339.7300 612.336.2940 · info@chestnutcambronne.com
No Document Title Filing Date
No Document Title Filing Date