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ADVANCED TISSUE SCIENCES Click to find out why . . .



Keywords & Phrases
CaseNo: ATS124316, CourtName: CLASS ACTION CASES, State: CA California, UniqueCaseRef: LCD>ATS124316, Ats, Stock, Patients, Dermagraft, Advanced Tissue Sciences, Fda, Treatment, Benvenuto, Control Group, Statistically Significant, Supplemental Study, Gail, Clinical Trials, Diabetic Foot Ulcers, Common Stock, Wound Closure, United States, Class Period, Arthur Stock, Schatz, Nobel, Allegations, Public Statements, Misleading, Therapeutic Range, Class Action, Defendants Caused Ats, Docket, Larry, Burns, Southern District, California, San Diego, Civil Docket, Magistrate Larry, Dkt , ContentID: 120246174

Case Documents
1   COMPLAINT FOR VIOLATION OF SECURITIES LAWS
[ see first page and extracted highlights below  ] ItemID: 114226
32 pages
PDF
2 1998-07-06 DOCKET
[ see first page and extracted highlights below  ] ItemID: 114227
2 pages
PDF
Total Documents: 2 documents , 34 pages
Price: $ 24.95


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1 . COMPLAINT FOR VIOLATION OF SECURITIES LAWS

EXTRACTED KEY WORDS
ATS
PLAINTIFF
STOCK
PATIENTS
DERMAGRAFT
ADVANCED TISSUE SCIENCES
FDA
TREATMENT
BENVENUTO
CONTROL GROUP
STATISTICALLY SIGNIFICANT
MEMBERS
SUPPLEMENTAL STUDY
CLINICAL TRIALS
DIABETIC FOOT ULCERS
GAIL
COMMON STOCK
WOUND CLOSURE
UNITED STATES
CLASS PERIOD
ARTHUR STOCK
SCHATZ
NOBEL
ALLEGATIONS
PUBLIC STATEMENTS
MISLEADING
THERAPEUTIC RANGE
CLASS ACTION
DEFENDANTS CAUSED ATS
 MILBERG WEISS BERSHAD
     HYNES & LERACH LLP
WILLIAM S. LERACH (68581)
ALAN SCHULMAN (128661)
600 West Broadway, Suite 1800
San Diego, CA 92101
Telephone: 619/231-1058

BERGER & MONTAGUE, P.C.
SHERRIE R. SAVETT
CAROLE A. BRODERICK
ARTHUR STOCK
NICHOLAS J. GUILIANO
1622 Locust Street
Philadelphia, PA 19103
Telephone: 215/875-3000

SCHATZ & NOBEL, P.C.
ANDREW M. SCHATZ
JEFFREY S. NOBEL
216 Main Street
Hartford, CT 06106-1817
Telephone: 860/493-6292

Attorneys for Plaintiff


                      UNITED STATES DISTRICT COURT

                     SOUTHERN DISTRICT OF CALIFORNIA


WILLIAM McKITTY, on Behalf of            ) No. [98-CV-1146]
Himself and All Others Similarly )
Situated,                                ) CLASS ACTION
                                         )
                           Plaintiff,    ) COMPLAINT FOR VIOLATION OF
                                         ) THE FEDERAL SECURITIES LAWS
        vs.                              ))
ADVANCED TISSUE SCIENCES, INC., )
ARTHUR J. BENVENUTO and GAIL K. )
NAUGHTON,                                ))
                           Defendants. ) Plaintiff Demands A
_________________________________) Trial By Jury




        Plaintiff, through his attorneys, alleges as follows after due
SNIPPETS:
  • P.C. SHERRIE R. SAVETT CAROLE A. BRODERICK ARTHUR STOCK NICHOLAS J. GUILIANO
  • SCHATZ & NOBEL, P.C. ANDREW M. SCHATZ JEFFREY S. NOBEL
  • Attorneys for Plaintiff
  • ARTHUR J. BENVENUTO and GAIL K.)
  • analysis of public statements of Advanced Tissue Sciences,
  • and the individual defendants, analysts' reports, wire service releases, articles in
  • This is a class action on behalf of plaintiff and all
  • other persons or entities who purchased the common stock or traded
  • in options of ATS during the period from January 13,
  • various reports and filings with the SEC and public statements regarding its products and its
  • CLASS ACTION ALLEGATIONS
  • defendant ATS during the Class Period and were damaged thereby.
  • Excluded from the Class are the defendants, members of their
  • New medical devices can be marketed in the United States
  • a control group to quantitatively determine the study drug's
  • patients treated with the device have better results than patients
  • likelihood that a difference between the performance of treatment
  • said to be a statistically significant result.
  • The Pivotal Study Of Dermagraft
  • with a secondary endpoint of complete wound closure at 32 weeks.
  • of data from the Supplemental Study with data from the Pivotal Study.
  • On October 14, 1996, the defendants caused ATS to issue
  • During the quarter, the Company announced that, in its pivotal clinical trial for Dermagraft
  • This therapeutic range is consistent with product being manufactured in our commercial
  • We have continually tightened the release specifications as we moved from the pilot to
  • This press release was materially misleading for the

  • 2 . DOCKET

    EXTRACTED KEY WORDS
    DEFENDANT
    LARRY
    BURNS
    SOUTHERN DISTRICT
    CALIFORNIA
    SAN DIEGO
    CIVIL DOCKET
    MAGISTRATE LARRY
    DKT
    COURT
    SECURITIES EXCHANGE ACT
    ADVANCED TISSUE SCIENCES
    ARTHUR
    BENVENUTO
    GAIL
    NAUGHTON
    RECEIPT NO/AMT
    FEE
    ELC
    
     Docket as of July 6, 1998 [retrieved 7/17/98]
    Proceedings include all events.
    3:98cv1146              McKitty v. Advanced Tissue, et al
    
                                     U.S. District Court
                     Southern District of California (San Diego)
    
                             CIVIL DOCKET FOR CASE #: 98-CV-1146
    
    McKitty v. Advanced Tissue, et al                                         Filed: 06/22/98
    Assigned to: Judge Judith N. Keep                          Jury demand: Plaintiff
                       Referred to: Magistrate Larry A Burns
    Demand: $0,000                                             Nature of Suit: 850
    Lead Docket: None                                          Jurisdiction: Federal Question
    Dkt# in other court: None
    
    Cause: 15:78m(a) Securities Exchange Act
    
    
    WILLIAM MCKITTY, on Behalf of               William S Lerach
    Himself and all Others                      [COR LD NTC]
    Similarly Situated                          Milberg Weiss Bershad Hynes and
               plaintiff                        Lerach
                                                600 West Broadway
                                                Suite 1800
                                                San Diego, CA 92101-3356
                                                (619)231-1058
    
    
         v.
    
    
    ADVANCED TISSUE SCIENCES,
    INCORPORATED
               defendant
    
    
    ARTHUR J BENVENUTO
               defendant
    
    
    GAIL K NAUGHTON
               defendant
    
    
    6/22/98 1                  Complaint Filed t/w Jury Demand; (referred to Magistrate
                               Larry A. Burns ) Receipt No/Amt of Fee: 039706/150.00 (elc)
    
    6/22/98 2                  Summons issued 6/22/98 (elc)
    
    SNIPPETS:
  • Docket as of July 6, 1998 Proceedings include all events.
  • Southern District of California (San Diego)
  • CIVIL DOCKET FOR CASE #:
  • Referred to: Magistrate Larry A Burns
  • Dkt# in other court: None
  • Cause: 15:78mSecurities Exchange Act
  • ADVANCED TISSUE SCIENCES, INCORPORATED
  • ARTHUR J BENVENUTO
  • GAIL K NAUGHTON
  • Larry A. Burns) Receipt No/Amt of Fee: 039706/150.00 (elc)
  •    |