PACIFIC SCIENTIFIC COMPANY - Legal Case Documents


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PACIFIC SCIENTIFIC COMPANY

Keywords & Phrases

CaseNo: PSC133153, CourtName: CLASS ACTION CASES, State: CA California, UniqueCaseRef: LCD>PSC133153, Pacsci, Entry, Solium, Judge Linda, Brower, Ballast, Mclaughlin, Fluorescent, Mot, Lighting, Edgar, Common Stock, Market, Continuous Dimming, Class Action, Fluorescent Lamps, Materially False, Electronic Ballast, Technology, Class Period, Misleading, Manufacturers, Debentures, United States, Sense-a-volt, Discovery Elgin Edwards, Elgin Edwards, Incandescent, Motion, Cfl, Incandescent Bulbs, Act, Settlement, Prototypes, Linear Fluorescent, Pla, Sheldon Kriegel, Compact Fluorescent , ContentID: 120246251

Case Documents

COMPLAINT
[ see first page and extracted highlights below ] ItemID: 114755

41 pages
PDF

1998-05-29

DOCKET
[ see first page and extracted highlights below ] ItemID: 114756

25 pages
PDF

Total Documents: 2 documents , 66 pages

Price: $ 24.95

IVESLCD01 KGI0001

1 . COMPLAINT

EXTRACTED KEY WORDS

SOLIUM
BALLAST
PLAINTIFFS
FLUORESCENT
LIGHTING
DEFENDANTS
COMMON STOCK
MARKET
CONTINUOUS DIMMING
FLUORESCENT LAMPS
MATERIALLY FALSE
ELECTRONIC BALLAST
BROWER
TECHNOLOGY
CLASS PERIOD
MISLEADING
MANUFACTURERS
DEBENTURES
UNITED STATES
SENSE-A-VOLT
INCANDESCENT
CFL
INCANDESCENT BULBS
PROTOTYPES
LINEAR FLUORESCENT
COMPACT FLUORESCENT
MICHAEL TSENTER
CALIFORNIA
OSSENMACHER



Samuel P. Sporn
Joel P. Laitman
SCHOENGOLD & SPORN, P.C.
233 Broadway
New York, NY 10279
Telephone: (212) 964-0046

Joseph J. Tabacco, Jr. (75284)
Nicole Lavallee (165755)
BERMAN, DEVALERIO, PEASE & TABACCO
425 California Street, Suite 2025
San Francisco, CA 94104-2205
Telephone: (415) 433-3200

Attorneys for Plaintiffs SHELDON KRIEGEL
and MICHAEL TSENTER

Kevin Prongay
John W. Borderud
Michael O'Keefe, Of Counsel
PRONGAY & BORDERUD
881 Alma Real Drive, Suite 211
Pacific Palisades, CA 90272
Telephone: (310) 573-3600

Robert S. Schachter
Catherine Anderson
ZWERLING, SCHACHTER & ZWERLING, LLP
767 Third Avenue
New York, NY 10017
Telephone: (212) 223-3900

Attorneys for Plaintiff HAROLD WALLACH

                         UNITED STATES DISTRICT COURT

                        CENTRAL DISTRICT OF CALIFORNIA

_______________________________________
                                             )
SHELDON KRIEGEL, MICHAEL                     )  NO. SA CV-96-975 LHM (EEx)
TSENTER and HAROLD WALLACH, on               )
behalf of themselves and all others          )  FIRST AMENDED AND
similarly situated,                          )  CONSOLIDATED COMPLAINT
                                             )  FOR VIOLATIONS OF SECTIONS
Plaintiffs,                                  )  10(b) AND 20 OF THE SECURITIES

SNIPPETS:

Attorneys for Plaintiffs SHELDON KRIEGEL and MICHAEL TSENTER

CENTRAL DISTRICT OF CALIFORNIA

This action arises out of false, misleading, dramatic and systematic claims by PacSci that it

PacSci claimed it was the technological "leader" of a billion dollar electronic ballast its.

Fluorescent lighting is more energy efficient and less costly because it requires far less

The Continuous Dimming Compact Fluorescent Bulb and Ballast

PacSci also misrepresented it had developed and introduced an electronic ballast with

Defendants further claimed that the introduction of these products would drive fixture

Sense-a-Volt Technology and Ballasts

These products were allegedly going to "globalize" fixtures by allowing fixture manufacturers

Only crude hand-made prototypes existed.

The Company's Director of Engineering for Solium Products, Mark Martich, repeatedly informed

The Company terminated Martich after he wrote to Brower in March 1995, stating that the

These dramatic misrepresentations -- which defendant Brower would later concede were made Inc. ("Met

Moreover, the price of PacSci's 7-3/4% Convertible Subordinated Debentures due June 15, 2003

While dimming ballasts were available from other manufacturers, they required additional

1994 purporting to introduce "a new generation of ultra compact fluorescent light systems

2 . DOCKET

EXTRACTED KEY WORDS

PLAINTIFF
JUDGE LINDA
MCLAUGHLIN
MOT
BROWER
EDGAR
DEFENDANT
CLASS ACTION
COURT
DISCOVERY ELGIN EDWARDS
ELGIN EDWARDS
MOTION
ACT
SETTLEMENT
PLA
SHELDON KRIEGEL
PLAINTIFF SHELDON
OPPOSING CNSL
CERTIFICATION
PROTECTIVE ORDER
DEFENDANT RICHARD
JOINT REPORT
DECLARATION
REJECTING DFTS
OBJECTIONS
STLMNT CONF
SUPPORT
RECOMMEND
HAROLD WALLACH



Case docket was last updated on: 05/29/98.


Docket as of May 29, 1998 6:22 pm                          Page 1

Proceedings include all events.                                                  TERMED
8:96cv975            Sheldon Kriegel, et al v. Pacific Scientific C, et alTRANSF
                                                                       TERMED
TRANSF
                              U.S. District Court
             Central District of California (Southern Div)

                      CIVIL DOCKET FOR CASE #: 96-CV-975

Sheldon Kriegel, et al v. Pacific Scientific C, et al                  Filed:
10/18/96
Assigned to: Judge Linda H. McLaughlin                  Jury demand: Defendant
                Referred to: Discovery Elgin Edwards
Demand: $0,000                                          Nature of Suit: 850
Lead Docket: None                                       Jurisdiction: Federal
Question
Dkt # : is 2:98-cv-04163

Cause: 15:78m(a) Securities Exchange Act


SHELDON KRIEGEL, on behalf of            Samuel P Sporn
himself and all others                    [term 12/30/96]
similarly situated                       [COR LD NTC]
        plaintiff                        Joel P Laitman
     [term 12/30/96]                      [term 12/30/96]
                                         [COR LD NTC]
                                         Joel P Laitman
                                         (See above)
                                         [COR LD NTC]
                                         Jay P Saltzman
                                         [COR LD NTC]
                                         Christopher Lometti
                                         [COR LD NTC]
                                         Schoengold & Sporn
                                         233 Broadway
                                         New York, NY 10279
                                         212-964-0046

                                         Joseph J Tabacco, Jr
                                          [term 12/30/96]

SNIPPETS:

Referred to: Discovery Elgin Edwards

Cause: 15:78mSecurities Exchange Act

class action; by 11/8/96 pla to file notice of related

11/8/96 joint report covering proposed litigation

schedule, prop date for hrg on certification, settlement

by Judge Linda

McLaughlin CR: none present [Entry date 10/24/96]

Edgar

court orders pla's mot to be

S Brower for clarification fo court's 11/11/96 order.

11/11/96 on opposing cnsl by mail on 11/11/96.