Case Page

 

Case Status:    DISMISSED    
On or around 09/13/2005 (Other)

Filing Date: March 04, 2003

On December 2, 2003, the Court entered the Order placing this case on suspense. On September 13, 2005, a Notice of Voluntary Dismissal was filed by the lead plaintiffs. According to the Notice, the lead plaintiffs in this action dismiss the case with prejudice.

On February 17, 2004, the U.S. District Court for the District of Massachusetts granted the motion to transfer the case from the U.S. District Court for the District of Massachusetts to the Southern District of New York as an action related to In re Credit Suisse First Boston Corp. (Atmel Corporation) Analyst Securities Litigation, maintained under Master File No. 03-CV-2156.

The complaint alleges that the defendants violated section 10(b) of
the Securities Exchange Act, and Rule 10b-5 promulgated thereunder, by
issuing favorable research reports on Atmel that were materially false
or misleading by failing to disclose conflicts of interest of Credit
Suisse, and in particular the practice of Credit Suisse to gain
lucrative investment banking business by providing coverage and issuing
favorable research reports on existing or prospective investment banking
customers. According to an administrative complaint filed by the
Secretary of the Commonwealth of Massachusetts, CSFB purposely misled
investors by disseminating into the marketplace fraudulent material
misstatements of fact in analyst reports.

Several similar purported class action complaints were also filed in the U.S. District Court for the Southern District of New York.

COMPANY INFORMATION:

Sector: Financial
Industry: Money Center Banks
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: ATML
Company Market: NASDAQ
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. New York
DOCKET #: 03-CV-10394
JUDGE: Hon. Mark L. Wolf
DATE FILED: 03/04/2003
CLASS PERIOD START: 07/22/1999
CLASS PERIOD END: 08/06/2001
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Chitwood & Harley LLP
    1230 Peachtree Street, N.E., 2300 Promenade II, Chitwood & Harley LLP, GA 30309
    888.873.3999 404.873.4476 · info@chitwoodlaw.com
  2. Shapiro Haber & Urmy LLP (Boston)
    75 State Street, Shapiro Haber & Urmy LLP (Boston), MA 02109
    617.439.3939 617.439.0134 · info@shulaw.com
No Document Title Filing Date
COURT: S.D. New York
DOCKET #: 03-CV-02156
JUDGE: Hon. Mark L. Wolf
DATE FILED: 08/13/2003
CLASS PERIOD START: 07/22/1999
CLASS PERIOD END: 08/06/2001
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. Stull, Stull & Brody (New York)
    6 East 45th Street, Stull, Stull & Brody (New York), NY 10017
    310.209.2468 310.209.2087 · SSBNY@aol.com
No Document Title Filing Date