On or around 04/07/2005 (Date of order of final judgment)
Filing Date: December 18, 2003
On March 25, 2004, the Court entered the Order granting the motion for appointment of lead plaintiff and to approve proposed lead plaintiff’s choice of counsel. On April 30, 2004, plaintiff filed an Amended Class Action Complaint, and the defendants filed motions to dismiss the Amended Complaint. On January 28, 2005, the Court entered the Order signed by U.S. District Judge John C. Coughenour granting the defendants’ motions to dismiss the Amended Complaint. In March and April 2005, the plaintiffs filed Stipulations and Proposed Orders dismissing the claims against the defendants. On April 7, 2005, the Court entered the Order of Dismissal with Prejudice.
The action charges that defendants violated federal securities laws by issuing a series of materially false and misleading statements to the market throughout the Class Period which statements had the effect of artificially inflating the market price of the Company's securities.
Company & Securities Information
Defendant: The Topaz Group, Inc.
Sector: Consumer Cyclical
Industry: Jewelry & Silverware
Headquarters: United States
Ticker Symbol: TPZ
Company Market: American 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.
First Identified Complaint
John DiStanisilao, et al. v. The Topaz Group, Inc., et al.