Case Page

 

Case Status:    ONGOING    
On or around 11/20/2014 (Ongoing date of last review)

Filing Date: August 31, 2012

According to the law firm press release, the complaint charges that Heat's Chief Executive Officer sold $23 million of his shares during the Class Period, in violation of several SEC rules. This rapid sale of HEAT's stock onto the market caused its stock price to plummet.

On December 14, 2012, the Court issued an Order appointing lead plaintiff and approving the selection of lead counsel. On January 28, 2013, the lead plaintiff filed an amended complaint. On February 6, lead plaintiff filed a corrected version of the complaint.

On April 8, 2013, the lead plaintiff filed a Second Amended Complaint.

On October 7, 2013, the Court issued an Order denying Defendant's motion to dismiss.

On March 17, 2014, the Court issued an Order denying Plaintiff's motion for class certification.

COMPANY INFORMATION:

Sector: Capital Goods
Industry: Constr. - Supplies & Fixtures
Headquarters: China

SECURITIES INFORMATION:

Ticker Symbol: HEAT
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: S.D. New York
DOCKET #: 12-CV-06682
JUDGE: Hon. Paul A. Engelmayer
DATE FILED: 08/31/2012
CLASS PERIOD START: 02/24/2010
CLASS PERIOD END: 05/03/2010
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Rosen Law Firm P.A. (New York)
    275 Madison Avenue, 34th Floor, The Rosen Law Firm P.A. (New York), NY 10016
    (212) 686-1060 (212) 202-3827 ·
No Document Title Filing Date
COURT: S.D. New York
DOCKET #: 12-CV-06682
JUDGE: Hon. Paul A. Engelmayer
DATE FILED: 01/28/2013
CLASS PERIOD START: 02/24/2010
CLASS PERIOD END: 05/30/2012
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. The Rosen Law Firm P.A. (New York)
    275 Madison Avenue, 34th Floor, The Rosen Law Firm P.A. (New York), NY 10016
    (212) 686-1060 (212) 202-3827 ·
No Document Title Filing Date