On or around 03/07/2011 (Notice of voluntarily dismissal)
Filing Date: June 09, 2010
According to the complaint, this is a class action (the "Action") on behalf of holders of the common stock of Axsys Technologies, Inc. ("Axsys" or the "Company"), who held shares as of July 30, 2009 (the "Record Date"), and their transferees, successors and assigns, seeking to pursue remedies under the Securities Exchange Act of 1934 (the "Exchange Act") (the "Class"): The Action charges Defendants with making false and misleading statements in a proxy statement that they filed with the Securities and Exchange Commission ("SEC") and mailed to class members in connection with the sale of Axsys to General Dynamics Advanced Information System and General Dynamics Corporation (collectively "General Dynamics").
On August 16, 2010, a Proposed Order was issued by the Court appointing Joseph Chalverus and Harvey Baker as Lead Plaintiffs for the putative class pursuant to Section 21D of the Securities Exchange Act of 1934; and The Brualdi Law Firm, P.C. and Harwood Feffer LLP are were appointed as Plaintiffs’ Co-lead Counsel.
On March 7, 2011, Plaintiffs dismissed the within civil action, pursuant to Federal Rule of Civil Procedure 41(a).
Company & Securities Information
Defendant: Axsys Technologies, Inc.
Industry: Scientific & Technical Instr.
Headquarters: United States
Ticker Symbol: AXSYS
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.
First Identified Complaint
Joseph Chalverus, et al. v. Stephen W. Bershad, et al.