Case Page

 

Case Status:    SETTLED
On or around 04/16/2013 (Other)

Filing Date: June 14, 2006

This shareholders class action was filed against the Defendants arising out of an alleged unfair sale of MySpace to the News Corporation. The shareholders disputed the true value MySpace with the officers and directors and felt the sale underpriced.

According the Consolidated Second Amended Complaint, the Company’s public stockholders suffered billions of dollars in damages as a result of defendants’ preparation and dissemination of false and misleading proxy statements in violation of federal law and breaches of fiduciary duty in connection with the Acquisition.

COMPANY INFORMATION:

Sector: Technology
Industry: Computer Services
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: MIX
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: C.D. California
DOCKET #: 06-CV-03731
JUDGE: Hon.John F. Walter
DATE FILED: 06/14/2006
CLASS PERIOD START: 12/30/2003
CLASS PERIOD END: 09/30/2005
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Lerach Coughlin Stoia and Robbins (San Diego)
    401 B Street, Suite 1700, Lerach Coughlin Stoia and Robbins (San Diego), CA 92101-4297
    619.231.1058 ·
No Document Title Filing Date
COURT: C.D. California
DOCKET #: 06-CV-03731
JUDGE: Hon.John F. Walter
DATE FILED: 02/08/2008
CLASS PERIOD START: 12/30/2003
CLASS PERIOD END: 09/30/2005
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Coughlin Stoia Geller Rudman & Robbins LLP (San Diego)
    655 West Broadway, Suite 1900, Coughlin Stoia Geller Rudman & Robbins LLP (San Diego), CA 92101
    619.231.1058 619.231.7423 · info@csgrr.com/
No Document Title Filing Date