LegalCaseDocs.com
shopping cart  
  |     
Search
 

 
New Visitors


 VeriSign Secure Site

 Get Adobe Reader

IN RE NEXTLEVEL SYSTEMS INC SECURITIES LITIGATION Click to find out why . . .



Keywords & Phrases
CaseNo: NS101473, CourtName: CLASS ACTION CASES, State: CA California, UniqueCaseRef: LCD>NS101473, Entry, Nextlevel, Ashman, Nextlevel Systems, Motion, Exchange, Class Action, Securities Exchange, Securities, Exchange Act, Complaint, Mailed Notice, Hon, Schedule Set, Nextlevel Stock, Jmp, Richard, Certification, James, Friedland, Ann, Williams, Analysts, Compel Production, Settlement Conference, Yourman, Robert, Allison, Dibattista, Reports, Defendant Friedland, Class Period, Misleading Statements, Action Complaint, Local Counsel, Ira, Amended Class Action, Berzenski, Material Facts , ContentID: 120246224

Case Documents
1 2000-11-02 DOCKET
[ see first page and extracted highlights below  ] ItemID: 114564
27 pages
PDF
2 1998-02-19 CONSOLIDATED AMENDED COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 123455
52 pages
PDF
3 1997-10-21 COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 114563
12 pages
PDF
Total Documents: 3 documents , 91 pages
Price: $ 29.95


IVESLCD01 KGI0001
 
 

 Forgot your password?


1 . DOCKET

EXTRACTED KEY WORDS
PLAINTIFFS
ASHMAN
DEFENDANTS
MOTION
SECURITIES
COURT
MAILED NOTICE
HON
SCHEDULE SET
JMP
CERTIFICATION
JAMES
FRIEDLAND
ANN
WILLIAMS
EXCHANGE ACT
COMPEL PRODUCTION
SETTLEMENT CONFERENCE
ACTION COMPLAINT
AMENDED CLASS ACTION
BERZENSKI
PURSUANT
CO-LEAD COUNSEL
AUTHORITY
MEMORANDUM
RESPONSE
HEARING RESET
RECONSIDER
FORSTMANN


Case docket was last updated on: 11/02/00.


Docket as of November 2, 2000 10:48 pm                       Page 1

Proceedings include all events.
1:97cv7362 Dibattista, et al v. Nextlevel Syst Inc, et al                        PROTO
ASHMAN

                                                                       PROTO
ASHMAN
                          U.S. District Court
             Northern District of Illinois (Chicago)

                  CIVIL DOCKET FOR CASE #: 97-CV-7362

Dibattista, et al v. Nextlevel Syst Inc, et al                         Filed:
10/21/97
Assigned to: Hon. Martin C. Ashman                  Jury demand: Both
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


MICHAEL J DIBATTISTA, IRA, On         Andrew L Barroway
Behalf of Himself and All             [COR]
Others Similarly Situated             David Kessler
     plaintiff                        [COR]
                                      Schiffrin and Craig, Ltd.
                                      Three Bala Plaza East
                                      Suite 500
                                      Bala Cynwyd, PA 19004
                                      (610) 667-7706

                                      James E. Tullman
                                      [COR]
                                      Kevin J. Yourman
                                      [COR LD NTC A]
                                      Michelle R Johnson
                                      [COR]
                                      Donald S Urrabazo
                                      [COR]
                                      Vahn Alexander
SNIPPETS:
  • ASHMAN
  • U.S. District Court
  • Cause: 15:78mSecurities Exchange Act
  • THEODORE J FORSTMANN
  • 1-1 through 1-4) [Entry date 10/22/97]
  • Friedland on 10/22/97
  • 11/12/97 7 MINUTE ORDER of 11/12/97 by Hon.
  • Defendants' agreed motion for extension of time to answer
  • 11/26/97 8 FIRST AMENDED CLASS ACTION COMPLAINT for the
  • Robertson, Paul J Berzenski, Edward D Breen
  • 11/26/97 9 CERTIFICATION of plaintiff Jorge Garcia pursuant to Federal
  • Before Honorable Ann C. Williams.
  • 12/19/97 14 MEMORANDUM OF LAW by plaintiffs' in support of their motion
  • entry of pre-trial order No. 1 (jmp) [Entry date
  • Mailed notice
  • response in excess of 15 pages is granted.
  • statement of recent authority in support of plaintiffs'
  • following pretrial motion/matter: Settlement conference.
  • 5/5/99 -- SCHEDULE set on 5/5/99 by Hon.
  • hearing reset to 9:00 7/16/99.
  • reconsider
  • 8/30/99 60 MOTION by plaintiffs to compel production of documents
  • James B. Zagel.

  • 2 . CONSOLIDATED AMENDED COMPLAINT

    EXTRACTED KEY WORDS
    NEXTLEVEL
    SALES
    INCOME
    SHAREHOLDERS
    MISLEADING
    NET INCOME
    SDNG SEGMENT
    REVENUE
    STEADY SOURCE
    PRIMESTAR
    GAAP
    GROWTH
    EMPHASIS
    CLASS ACTION
    SUBCLASS
    DISCOVERY
    NEXTLEVEL SYSTEMS
    
                                           UNITED  STATES  DISTRICT                                    
                                          NORTHERN  DISTRICT                               OF  ILLINOIS
                                                          EASTERN  DIVISION
    
                                                                           :
    In  re  NEXTLEVEL  SYSTEMS,  INC.:
    SECURITIES            LITIGATION
    
                                                                                         Master        
    THIS  DOCUMENT  RELATES  TO:                                           ;             Judge  Ann  C.
    ALL  ACTIONS                                                           : :
    
                                         PLAINTIFFS'                        FIRST  CONSOLIDATED
                                         AMENDED  CLASS  ACTION  COMPLAINT
    
                        Plaintiffs,                 by  their                    undersigned           
    Consolidated                 Amended  Class  Action                                 Complaint,     
    allegations                 upon  information                     and  belief                    
    
    allegations                 specifically             pertaining                       to  the 
    
    their         counsel),            based  upon  the  facts                                  
    
    predicated            upon,          inter          alia,              a  review              of 
    with        the-securities                     and  Exchange                       Commission      
    
    releases,           news  and  analyst                         reports,                 and  an 
    undertaken            by  plaintiffs'                   counsel.                      Plaintiffs   
    
    further          substantial                   evidentiary                       support         
    
    allegations                 set  forth            below          after              a  reasonable  
    
    
    discovery.
    
                                                       NATURE  OF  THE  ACTION
    
                         1.          In  June  of  1997,  General                                    
     ("GI")         formally            announced                 that              it  would        
    ee
    
    separate           businesses:                    General                      Semiconductor,      
    CommScope,             Inc.         ("CommScopet')                             and  NextLevel      
     ("NextLevel"                 or  the  "Company").                                 After        GI 
    s
    
    
    
    
    SNIPPETS:
  • In re NEXTLEVEL SYSTEMS, INC.:
  • discovery.
  • subclass.
  • as a class action.
  • (Emphasis added).
  • growth markets."
  • GAAP, as follows:
  • and 63% of the sales of the
  • segment on Pages 102 and 103 as follows:
  • the fact that PRIMESTAR would no longer be a steady source of revenue for the Company's SDNG
  • and net income.
  • *misleading.
  • On or about July 23, 1997, GI's shareholders

  • 3 . COMPLAINT

    EXTRACTED KEY WORDS
    PLAINTIFF
    NEXTLEVEL SYSTEMS
    EXCHANGE
    SECURITIES EXCHANGE
    CLASS ACTION
    DEFENDANTS
    COMPLAINT
    COUNSEL
    NEXTLEVEL STOCK
    RICHARD
    ANALYSTS
    YOURMAN
    ROBERT
    ALLISON
    DIBATTISTA
    REPORTS
    DEFENDANT FRIEDLAND
    EXCHANGE ACT
    CLASS PERIOD
    MISLEADING STATEMENTS
    LOCAL COUNSEL
    IRA
    MATERIAL FACTS
    WILSHIRE BLVD
    LOS ANGELES
    CALIFORNIA
    MICHIGAN AVENUE
    MEDIA REPORTS
    REASONABLE OPPORTUNITY
    
    
    
    KEVIN J. YOURMAN
    JAMES E. TULLMAN
    MICHELLE R. JOHNSON
    WEISS & YOURMAN
    10940 Wilshire Blvd.
    24th Floor
    Los Angeles, California 90024
    (310) 208-2800
    
    Attorneys for Plaintiff
    
    ROBERT D. ALLISON
    ROBERT D. ALLISON & ASSOCIATES
    122 S. Michigan Avenue
    Suite 1850
    Chicago, IL 60603
    (312) 427-4500
    
    Local Counsel for Plaintiff
    
    
                                         UNITED STATES DISTRICT COURT
    
                                         NORTHERN DISTRICT OF ILLINOIS
    
                                               EASTERN DIVISION
    
    
    ________________________________________
                                                            )  Case No.: 97C 7362 [filed Oct. 21, 1997]
    MICHAEL J. DIBATTISTA, IRA, On Behalf Of )
    Himself and All Others Similarly Situated,              ) Class Action
                          Plaintiff,                        )) CLASS ACTION COMPLAINT
                                                                  FOR THE VIOLATION OF
               -against-                                    )) FEDERAL SECURITIES LAWS
    NEXTLEVEL SYSTEMS, INC. and RICHARD  ) Jury Trial Demand
    S. FRIEDLAND,                                           ))
                          Defendants.                       )
    ________________________________________ ))
    Plaintiff alleges the following based upon the investigation of his counsel, which
    included a review of securities analyst reports about NextLevel Systems, Inc.
    ("NextLevel" or the "Company"), press releases issued by the Company, documents filed
    
    
    
    
    
    SNIPPETS:
  • KEVIN J. YOURMAN JAMES E. TULLMAN MICHELLE R. JOHNSON WEISS & YOURMAN
  • 10940 Wilshire Blvd. 24th Floor Los Angeles, California 90024
  • ROBERT D. ALLISON & ASSOCIATES
  • 122 S. Michigan Avenue Suite 1850 Chicago,
  • Local Counsel for Plaintiff
  • MICHAEL J. DIBATTISTA, IRA, On Behalf Of)
  • NEXTLEVEL SYSTEMS, INC. and RICHARD) Jury Trial Demand
  • Plaintiff alleges the following based upon the investigation of his counsel, which included a
  • with the Securities Exchange Commission by the Company and media reports about the Company,
  • This is a class action on behalf of stockholders of NextLevel who purchased stock between
  • This action charges that defendants made false and misleading statements about NextLevel's
  • The Company also announced the resignation of Chairman and Chief Executive Officer Richard
  • The claims asserted herein arise under §§ 10and 20of the Exchange Act,
  • Defendant Friedland, by reason of his position as CEO and Chairman of NextLevel's Board of
  • During the Class Period, Defendant Friedland occupied a position that made him privy to
  • Because millions of shares of NextLevel stock were purchased during the Class Period by
  • Each of the defendants is liable as a participant in a fraudulent scheme and course of
  • Plaintiff incorporates by reference all preceding paragraphs of the Complaint.
  • With knowledge of or reckless disregard for the truth, during the Class Period defendants
  •    |