Case Page

 

Case Status:    DISMISSED    
On or around 09/28/2012 (Date of order of final judgment)

Filing Date: December 23, 2008

According to a law firm press release, on December 23, 2008, a class action lawsuit was filed against Emcore Corporation and several of its officers. The complaint alleges violations of the federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations that Emcore issued a series of material misrepresentations to the market that artificially inflated its market price.

On September 25, 2009, Memorandum Opinion And Order by Chief Judge Martha Vazquez Granting in Part motions to consolidation and Denying in Part motions as to appointing lead plaintiff and lead counsel. The motions to consolidate were granted while the motion to appoint lead plaintiff and lead counsel was denied. A renewed motion to appoint lead counsel and lead plaintiff have been filed. On July 14, 210, the motion was granted in part and denied in part. The court appointed IBEW Local Union No. 58 Annuity Fund as lead plaintiff, but did not approve their selection of lead counsel. On September 30, 2011, the judge granted the motion to appoint the lead counsel.

On November 14, 2011, the lead plaintiff filed a Consolidated Amended Class Action Complaint. The complaint was corrected on December 9, 2011. The defendants responded by filing a motion to dismiss on January 9, 2012.

On September 28, 2012, the Court issued an Order granting the Defendants' motion to dismiss with prejudice.

COMPANY INFORMATION:

Sector: Technology
Industry: Semiconductors
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: EMKR
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: D. New Mexico
DOCKET #: 08-CV-01190
JUDGE: Hon. Martha Vazquez
DATE FILED: 12/23/2008
CLASS PERIOD START: 06/12/2007
CLASS PERIOD END: 03/17/2008
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Branch Law Firm
    2025 Rio Grande Blvd, NW, Branch Law Firm, NM 87104
    505.243.3500 505.243.3534 ·
No Document Title Filing Date
COURT: D. New Mexico
DOCKET #: 08-CV-01190
JUDGE: Hon. Martha Vazquez
DATE FILED: 12/09/2011
CLASS PERIOD START: 06/12/2007
CLASS PERIOD END: 06/30/2008
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Robbins Geller Rudman & Dowd LLP (San Diego)
    655 West Broadway, Suite 1900, Robbins Geller Rudman & Dowd LLP (San Diego), CA 92101
    619.231.1058 619.231.7423 ·
  2. Whatley Drake & Kallas LLC (New York)
    1540 Broadway, 37th Floor, Whatley Drake & Kallas LLC (New York), NY 10036
    212.447.7070 212.447.7070 ·
No Document Title Filing Date
No Document Title Filing Date