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Case Status:    DISMISSED    
On or around 10/01/2004 (Other)

Filing Date: April 16, 2004

According to the Order entered on October 1, 2004, on September 14, 2004, the plaintiff was ordered to file an amended complaint no later than September 30, 2004. No amended complaint has been filed. This case is dismissed without prejudice for failure to prosecute. The clerk is directed to close the file.

The complaint alleges that the defendants made material misrepresentations and omissions of material facts concerning the company's business performance during the relevant time. According to the complaint, throughout the relevant time period, defendants misrepresented the financial condition of the Asconi and failed to disclose certain related party transactions, thereby overstating the financial condition of Asconi. The company has delayed the filing of its annual Report on Form 10-K with the SEC, its stock price has collapsed and the stock has ceased trading.


Sector: Consumer Non-Cyclical
Industry: Beverages (Alcoholic)
Headquarters: United States


Ticker Symbol: ACD
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.
COURT: M.D. Florida
DOCKET #: 04-CV-534
JUDGE: Hon. G. Kendall Sharp
DATE FILED: 04/16/2004
CLASS PERIOD END: 03/23/2004
  1. Federman & Sherwood (Oklahoma City)
    120 North Robinson, Suite 2720, Federman & Sherwood (Oklahoma City), OK 73102
    405-235-1560 ·
  2. Law Offices of Brian M. Felgoise, P.C.
    Esquire at 261 Old York Road, Suite 423, Law Offices of Brian M. Felgoise, P.C., PA 19046
    215.886.1900 ·
  3. 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 ·
  4. Law Offices of Marc S. Henzel (Lawrence)
    335 Central Avenue, Law Offices of Marc S. Henzel (Lawrence), NY 11559
    516.374.0707 516.295.3473 ·
  5. Shalov Stone & Bonner LLP
    276 Fifth Avenue, Suite 704, Shalov Stone & Bonner LLP, NY 10001
    212.686.8004 212.686.8005 ·
  6. Vianale & Vianale LLP (former Boca Raton)
    The Plaza - Suite 801, 5355 Town Center Road., Vianale & Vianale LLP (former Boca Raton), FL 33486
    561.391.4900 561.368.9274 ·
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