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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.

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