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Case Status:    DISMISSED    
On or around 01/26/2006 (Date of order of final judgment)

Filing Date: March 24, 2005

According to the Stipulation Dismissing Action and Order Thereon dated January 26, 2006, on January 5, 2006, the Court granted the Defendants’ motion to dismiss, and the Court gave Plaintiffs 21 days to file an amended complaint. Because the Lead Plaintiff have not filed an amended complaint, the case is dismissed with prejudice, except the class action allegations, which are dismissed without prejudice.

Pursuant to Federal Rule of Civil Procedure 41(a)(1), the plaintiff in the action Baker v. Electronic Arts, Inc., et.al., voluntarily dismisses the Complaint without prejudice.

The original complaint charges EA and certain of its officers with violations of the Securities Exchange Act of 1934. More specifically, the Complaint alleges that the Company failed to disclose and misrepresented the following material adverse facts which were known to defendants or recklessly disregarded by them: (1) that increased competition from its competitors was eroding EA market share; (2) that hardware shortages were material; (3) that EA continued to suffer from operating margin compression; and (4) that as a result of the above, the Company's statements about its financial performance were lacking in any reasonable basis when made. The complaint further alleges on or around March 21, 2005, after the market closed, EA announced revised estimates for the Company's fiscal year ending March 31, 2005. News of this shocked the market. Shares of EA fell $11.20 per share or 16.88 percent, on March 22, 2005, to close at $55.15 per share.

COMPANY INFORMATION:

Sector: Technology
Industry: Software & Programming
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: ERTS
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: N.D. California
DOCKET #: 05-CV-01219
JUDGE: Hon. Maxine M. Chesney
DATE FILED: 03/24/2005
CLASS PERIOD START: 01/25/2005
CLASS PERIOD END: 03/21/2005
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Brodsky & Smith, LLC (former Pennysylvania)
  2. Chitwood & Harley LLP
  3. Dyer & Shuman, LLP
  4. Federman & Sherwood (Oklahoma City)
  5. Law Offices of Charles J. Piven, P.A.
  6. Lerach Coughlin Stoia Geller Rudman & Robbin (San Francisco)
  7. Milberg Weiss Bershad & Schulman LLP (New York)
  8. Schatz & Nobel, P.C.
  9. Schiffrin & Barroway LLP
  10. Wechsler Harwood, LLP.
No Document Title Filing Date
COURT: N.D. California
DOCKET #: 05-CV-01219
JUDGE: Hon. Maxine M. Chesney
DATE FILED: 08/12/2005
CLASS PERIOD START: 01/26/2005
CLASS PERIOD END: 03/21/2005
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Cohen, Milstein, Hausfeld & Toll, P.L.L.C. (New York, NY)
    825 Third Avenue - 30th Floor, Cohen, Milstein, Hausfeld & Toll, P.L.L.C. (New York, NY), NY 10022
    212.838.7797 212.838.7745 · lawinfo@cmht.com
  2. Milberg Weiss Bershad & Schulman LLP
    355 South Grand Avenue, Suite 4170, Milberg Weiss Bershad & Schulman LLP , CA 90071
    213.617.9007 213.617.9185 · info@milbergweiss.com
  3. Milberg Weiss Bershad & Schulman LLP (Boca Raton)
    5355 Town Center Road, Suite 900, Milberg Weiss Bershad & Schulman LLP (Boca Raton), FL 33486
    561.361.5000 561.367.8400 · info@milbergweiss.com
No Document Title Filing Date
No Document Title Filing Date