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Case Status:    DISMISSED    
On or around 12/01/2011 (Other)

Filing Date: April 12, 2010

According to the complaint filed April 12, 2010, the Defendants and its Board of Directors committed breaches of fiduciary duty and other violations of state law arising out a proposed transaction to acquire all the outstanding shares of Defendant through a cash tender offer by means of an unfair process and for an unfair price of $5.00 per share.

On June 23, 2010, the Court issued an order staying this action without prejudice to the rights, claims or defenses of any party.

On December 1, 2011, the Court issued an Order directing the Court to administratively close this case. Any party may file a motion to reopen this matter should a change in circumstances warrant it.


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


Ticker Symbol: CHRD
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 #: 10-CV-01559
JUDGE: Hon. Howard R. Lloyd
DATE FILED: 04/12/2010
CLASS PERIOD END: 04/12/2010
  1. Bramson, Plutzik, Mahler & Birkhaeuser, LLP
  2. Levi & Korsinsky, LLP
No Document Title Filing Date
—Reference Complaint Complaint Related Data is not available
—Related District Court Filings Data is not available