LegalCaseDocs.com
shopping cart  
  |     
Search
 

 
New Visitors


 VeriSign Secure Site

 Get Adobe Reader

IN RE ACT MANUFACTURING INC SECURITIES LITIGATION Click to find out why . . .



Keywords & Phrases
CaseNo: AM91330, CourtName: CLASS ACTION CASES, State: MA Massachusetts, UniqueCaseRef: LCD>AM91330, Act, Materials, Class Period, Misleading, Violations, Reporting, Alleges, Stock, Inventory, Damages, Principle, Complaint, Manufacturing, Facts, Dissemination, Officer, Controlling, Common Stock, Inflate, Operating, Reckless, Securities, Proper, Directors, Knowing, Disclose, Fasb Statement, Ship, Docket, Douglass, Greenlaw, Mqc, Amount, John, Pino, Entry, Configuration, Prior, Acquisition, Market, District Court, Massachusetts, Boston, Civil Docket, Dkt, Securities Violation, Act Manufacturing , ContentID: 120246166

Case Documents
1 1998-10-16 AMENDED COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 121577
54 pages
PDF
2 1998-03-27 CIVIL DOCKET
[ see first page and extracted highlights below  ] ItemID: 114194
2 pages
PDF
3 1998-02-27 CLASS ACTION COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 114195
17 pages
PDF
Total Documents: 3 documents , 73 pages
Price: $ 29.95


IVESLCD01 KGI0001
 
 

 Forgot your password?


1 . AMENDED COMPLAINT

EXTRACTED KEY WORDS
ACT
INVENTORY
CONFIGURATION
PRIOR
ACQUISITION
MARKET
ACT SHARES
POOR OPERATING
WRITE-OFF
AMOUNT
WROTE-OFF
MOREOVER
ACCOUNTING
SALES
ANALYST
RATING
EPS
SCHRODER
EARNINGS
RESPONSE
CONVERSION
PLAN
UNCERTAINTY
INTEGRATION
PROSPECTS
DISCOVERY
NET INCOME
CLASS PERIOD
                                           UNITED  STATES  DISTRICT                                
                                              DISTRICT               OF  MASSACHUSETTS

SHASHI  MIRPURI,                       individuallv               *  and  )
on  behalf               of  all  others                                        j
similarly                situated,
                                                                                1
                                              Plaintiff,
                                                                                ;
            V.                                                                            CA  No. 
ACT  MANUFACTURING,                         INC.,         JOHN  A.  )
PINO,  and  DOUGLASS  C.  GREENLAW,                                             )

                                            Defendants.                         )


                                   AMENDED  CLASS  ACTION  COMPLAINT  FOR
                                VIOLATIONS              OF  THE  FEDEML                     

                                                        JURY  TRIAL  DEMANDED

            Plaintiffs,                 by  their               undersigned                
action             complaint,             allege          as  follows:

                                               I.        NATURE  OF  THE  ACTION

            1.          This  is  a  securities                         class             action   
persons,              other        than  defendants                     and  affiliated            
described               below          (the  "Class"),                  who  purchased             
acquired              the  common  stock                        of  ACT  Manufacturing,            
the  "Company")                   between             April          17,  1997  and  March  31, 

t'Class            Period").

            2.         ACT  provides                  manufacturing                       services 

equipment               manufacturing                    (OEMS)  in  the  computer,.               

telecommunications,                          medical,               and  industrial                
Company  supplies                      OEMs  with                printed              circuit      





                                                                        -l-



SNIPPETS:
  • Class Period.
  • net income.
  • discovery.
  • integration.
  • uncertainty.
  • "We also plan to begin
  • prior to the end of the quarter
  • to ship in the
  • In response
  • bad earnings announcement,
  • SCHRODER & Co.,
  • of 1997 EPS to $1.05
  • its "BUY" rating
  • Specifically, the analyst
  • because of accounting
  • Moreover,
  • and configuration.
  • ACT also wrote-off
  • modest amount of inventory
  • The market
  • reacted to these poor operating
  • and ACT shares

  • 2 . CIVIL DOCKET

    EXTRACTED KEY WORDS
    DEFENDANT
    DOUGLASS
    GREENLAW
    MQC
    COURT
    MANUFACTURING
    JOHN
    PINO
    ENTRY
    DISTRICT COURT
    MASSACHUSETTS
    BOSTON
    CIVIL DOCKET
    DKT
    SECURITIES VIOLATION
    ACT MANUFACTURING
    AMOUNT
    FEE
    PAID
    EXTEND TIME
    COMPLAINT
    
     Docket as of March 27, 1998 [retrieved 4/25/98]
    Proceedings include all events.
    1:98cv10364             Mirpuri v. ACT Manufacturing, et al
    
                                     U.S. District Court
                    U.S. District Court - Massachusetts (Boston)
    
                            CIVIL DOCKET FOR CASE #: 98-CV-10364
    
    Mirpuri v. ACT Manufacturing, et al                                      Filed: 02/27/98
    Assigned to: Judge Douglas P. Woodlock                    Jury demand: Plaintiff
    Demand: $0,000                                            Nature of Suit: 850
    Lead Docket: None                                         Jurisdiction: Federal Question
    Dkt# in other court: None
    
    Cause: 28:1331 Fed. Question: Securities Violation
    
    
    SHASHI L. MIRPURI,                          Peter A. Lagorio
    individually and on behalf of               [COR LD NTC]
    all others similarly situated               Gilman & Pastor
               Plaintiff                        One Boston Place
                                                28th Floor
                                                Boston, MA 02108
                                                617-589-3749
    
                                                Edward L Manchur
                                                [COR LD NTC]
                                                Gilman & Pastor
                                                One Boston Place
                                                28th Floor
                                                Boston, MA 02108
                                                617-589-3750
    
    
         v.
    
    
    ACT MANUFACTURING, INC.
               Defendant
    
    
    JOHN A. PINO
               Defendant
    
    
    DOUGLASS C. GREENLAW
               Defendant
    
    
    SNIPPETS:
  • Docket as of March 27, 1998 Proceedings include all events.
  • U.S. District Court - Massachusetts (Boston)
  • CIVIL DOCKET FOR CASE #:
  • Dkt# in other court: None
  • Question: Securities Violation
  • ACT MANUFACTURING, INC. Defendant
  • Receipt #: 4552 Amount:$ 150.00.
  • Fee Status: paid (mqc)
  • Douglass C. Greenlaw [Entry date 03/03/98]
  • Manufacturing, John A. Pino, Douglass C. Greenlaw, to
  • extend time to to respond to complaint,

  • 3 . CLASS ACTION COMPLAINT

    EXTRACTED KEY WORDS
    DEFENDANTS
    MATERIALS
    PLAINTIFF
    MISLEADING
    CLASS PERIOD
    VIOLATIONS
    MEMBERS
    REPORTING
    ALLEGES
    STOCK
    DAMAGES
    PRINCIPLE
    FACTS
    INVENTORY
    DISSEMINATION
    OFFICER
    CONTROLLING
    COMPLAINT
    COMMON STOCK
    INFLATE
    OPERATING
    RECKLESS
    MANUFACTURING
    SECURITIES
    PROPER
    DIRECTORS
    KNOWING
    DISCLOSE
    FASB STATEMENT
    
     UNITED STATES DISTRICT COURT
    DISTRICT OF MASSACHUSETTS
    
    
    SHASHI MIRPURI, individually and on              ) Case No. [98-CV-10364]
    behalf of all others similarly situated, )))
         Plaintiff,                                  ) CLASS ACTION COMPLAINT
                                                     ) FOR VIOLATION OF THE
         v.                                          ) FEDERAL SECURITIES LAWS
                                                     ) [filed Feb. 27, 1998]
    ACT MANUFACTURING, INC., JOHN A. PINO,           )
    and DOUGLASS C. GREENLAW,                        )) JURY TRIAL DEMANDED
         Defendants.                                 ))
    _________________________________________)
    
    
               Plaintiff, by her attorneys, for her Class Action
    
    Complaint (the "Complaint") alleges the following upon personal
    
    knowledge as to herself and her own acts, and upon information
    
    and belief based upon the investigation of plaintiff's attorneys
    
    as to all other matters. The investigation includes the thorough
    
    review and analysis of public statements, publicly-filed
    
    documents of ACT Manufacturing ("ACT" or the "Company"), press
    
    releases, news articles and the review and analysis of accounting
    
    rules and related literature. Plaintiff believes that further
    
    substantial evidentiary support will exist for the allegations
    
    set forth below after a reasonable opportunity for discovery.
    
                                SUMMARY OF ACTION
    
               1.      This is a securities class action on behalf of
    
    public investors who purchased the common stock of ACT during the
    
    period from October 1, 1997 through February 25, 1998 (the "Class
    
    Period"). During the Class Period, ACT's financial results, as
    
    reported by defendants, were materially misleading and materially
    
    SNIPPETS:
  • Plaintiff, by her attorneys, for her Class Action
  • Complaint alleges the following upon personal
  • documents of ACT Manufacturing,
  • During the Class Period, ACT's financial results, as
  • reported by defendants, were materially misleading and materially
  • headquarters are in Hudson, Massachusetts, provides manufacturing services for original
  • account for inventory.
  • material impact on operating results.
  • The next day ACT's stock
  • pursuant to Section 27 of the Securities Exchange Act of 1934
  • Venue is proper in this District pursuant to
  • Plaintiff purchased shares of ACT common stock
  • test engineering, flexible materials management, and
  • relevant times President and Chief Executive Officer and Director
  • affiliates and any officers or directors of ACT or its affiliates, and any members of
  • members of the Class is impracticable.
  • sustained damages from the unlawful conduct.
  • By inaccurately reporting inventory during each
  • The principle of materiality concerning
  • decisions was violated (FASB Statement of Concepts No. 1 and No.
  • should contain and disclose relevant,
  • statements and omitting to disclose material facts necessary to
  • Defendants' Knowing or Reckless Disregard of the
  • dissemination of such statements or documents.
  • VIOLATIONS OF SECTION 10OF THE EXCHANGE ACT
  • in order to artificially inflate the market price
  • controlling persons of ACT within the meaning of Section 20
  •    |