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IN RE PHP HEALTHCARE CORP SECURITIES LITIGATION Click to find out why . . .



Keywords & Phrases
CaseNo: PH71393, CourtName: CLASS ACTION CASES, State: PA Pennsylvania, UniqueCaseRef: LCD>PH71393, Paracelsus, Class Period, Financials, Securities, Entry, Php, Misleading, Broderick, Motion, Pwc, Reports, California, Plfs, Opinions, Act, Common Stock, Marsha Broderick, Violation, Php Healthcare, Review, Paracelsus Stock, Bowles, Audit Opinions, Financial Statements, Damages, Grp, Robert, Jack, Judge, Carolyn Hoffman, Mazur, Mariana, Pfaelzer, York, Receivables, Dfts, Robbins, Hip, Healthcare Corporation, Registration Statement, Ajwx, Lead Plfs, Exchange Act, Material Facts , ContentID: 120246263

Case Documents
1 2000-10-10 DOCKET
[ see first page and extracted highlights below  ] ItemID: 114829
22 pages
PDF
2 1999-03-23 Government Exhibit # 2ND AMENDED COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 123507
126 pages
PDF
3 1996-10-11 COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 114828
26 pages
PDF
Total Documents: 3 documents , 174 pages
Price: $ 29.95


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1 . DOCKET

EXTRACTED KEY WORDS
BRODERICK
MOTION
PLAINTIFF
PLFS
DEFENDANT
MARSHA BRODERICK
PHP HEALTHCARE
BOWLES
GRP
ROBERT
JACK
JUDGE
CAROLYN HOFFMAN
MAZUR
MARIANA
PFAELZER
DFTS
AJWX
LEAD PLFS
SUPPORT
CLASS CERTIFICATION
CO-LEAD CNSL
NLT
CLM
DECLARATION
SUMMARY JUDGMENT
OPPOSITION
ORD
PRICEWATERHOUSE


Case docket was last updated on: 10/10/00.


Docket as of October 10, 2000 7:13 pm                      Page 1

Proceedings include all events.                                                TERMED
2:98cv1658 Marsha Broderick, et al v. PHP Healthcare Corp, et al
(AJWx)

                                                                     TERMED
(AJWx)
                           U.S. District Court
            Central District of California (Western Div.)

                  CIVIL DOCKET FOR CASE #: 98-CV-1658

Marsha Broderick, et al v. PHP Healthcare Corp, et al                Filed:
03/09/98
Assigned to: Judge Mariana R. Pfaelzer            Jury demand: Both
               Referred to: Discovery Andrew J. Wistrich
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


MARSHA BRODERICK, on Behalf of        William S Lerach
themselves & all others               FAX 619-231-7423
similarly situated                    [COR LD NTC]
     plaintiff                        Darren J Robbins
                                      FAX 619-231-7423
                                      [COR LD NTC]
                                      Milberg Weiss Bershad Hynes &
                                      Lerach
                                      600 W Broadway, Ste 1800
                                      San Diego, CA 92101-3356
                                      619-231-1058

                                      Todd S Collins
                                      FAX 215-875-4604
                                      [COR LD NTC]
                                      Berger & Montague
                                      1622 Locust St
                                      Philadelphia, PA 19103-6365
SNIPPETS:
  • 2:98cv1658 Marsha Broderick, et al v. PHP Healthcare Corp, et al (AJWx)
  • CAROLYN HOFFMAN, on behalf of William S Lerach
  • defendant
  • MARSHA BRODERICK, on Behalf of themselves & all others similarly situated; CAROLYN HOFFMAN,
  • PHP HEALTHCARE CORPORATION; JACK M MAZUR; CHARLES H ROBBINS; ROBERT L BOWLES,
  • Andrew J. Wistrich [Entry date 03/12/98]
  • plaintiff Carolyn Hoffman for order to be apptd lead pla
  • plaintiff Carolyn Hoffman of motion for order to be apptd
  • lead pla and for appt of lead plfs' co-lead cnsl
  • for appt of lead plfs' co-lead cnsl by Judge Mariana
  • R. Pfaelzer CR: Beth E Zaccaro [Entry date
  • Plfs known as the Broderick Plfs Grp
  • dftsshall ans or resp to amd cmp NLT August 12,
  • for class certification;
  • 8/10/98 17 MEMORANDUM OF PA IN SUPPORT by plaintiff Marsha Broderick,
  • summary judgment; motion hearing set for 10:00 10/19/98
  • motion to dismiss for fail to state a clm,
  • 8/13/98 21 DECLARATION of Jack B Gordon by defendant PHP Healthcare
  • 9/11/98 27 DECLARATION of Jack B Gordon by dfts PHP Healthcare Corp,
  • 9/11/98 28 MEMO IN OPPOSITION by dfts PHP Healthcare Corp,
  • defendant PHP Healthcare Corp; adding Pricewaterhouse

  • 2 . Government Exhibit # 2ND AMENDED COMPLAINT

    EXTRACTED KEY WORDS
    CLASS PERIOD
    FINANCIALS
    PHP
    PWC
    REPORTS
    OPINIONS
    COMMON STOCK
    REVIEW
    AUDIT OPINIONS
    YORK
    MEMBERS
    ROBBINS
    HIP
    EXCHANGE ACT
    DISTRICT
    INCLUSION
    ISSUANCE
    HEALTH CARE SERVICES
    SECURITIES
    PLAINTIFFS
    PROSECUTION
    MILBERG WEISS BERSHAD
    RECEIVABLES
    MISLEADING
    PHP SHARES
    PRESIDENT
    COLUMBIA
    BCBSNJ
    MISREPRESENTATIONS
    
                              MILBERG  WEISS  BERSHAD
                                HYNES  &  LERACH  LLP                              -
                              KEVIN  P.  RODDY  (128273)
                              355  south  Grand  Avenue
                     3         Suite         4170
                              Los-Angeles,.              CA.90071
                      4       Telephone:                213/671-9185
                      5       MILBERG  WEISS  BERSHAD',
                                 HYNES  &  LERACH  LLP
                  '.  6       D?.VID  J.  BERSHAD
                              JEROME  M.  CONGRESS
                      7       DANIEL  13.  SCOTT1  (169268)
                              One  Pennsylvania                   Plaza
                      8       New  York..  NY  10119-0165
                              Telephone:                212/594-5300
                      9       THE  OLSEN  LAW  FIRM                                                   
                    10        Kurt  Olsen                                                             
                              2121  K  Street,                  NW,  Suite          800               
                    11        Washington,               DC  20037                                     
                              Telephone:               202/261-3553                                   
                    12                                                                                
                              Co-lead             Counsel        for  Plaintiffs
                    13         [Additional              Counsel         Listed            on
                    14 x.
            .                 Signature               Page]
                                                                                                       
    
                     15                                              UNITED  STATES  DISTRICT          
                     1c
    . .                                                             CENTRAL  DISTRICT                 
                                                                                    WESTERN  DIVISI,ON 
                     1;       MARSHA  BTE:;:r:tERICK,  CAROLYN  HOFFMAN,                               
                     II       MORTON  AP'PLETON,  HARRIET  and  GERALD  )  No.  98-1658-MRP            
                              L.  BLOOM,  IRA  HANNA,  MILTON                                          
                     l!       ROBBINS,  FRANCES  SHARER,  JOHN  J.                                     
                               SCHERER,  MARY  WINCHESTER,  MICHAEL                                    
                     2(       T.  KELLEY,  RAYMOND  C.  HAWKINS  and                                   
                              ASHER  ABRAMOVITZ,                     on  Behalf             of         
                     2:        Themselves               and  All  Others                 Similarly     
         OF
                               Situated,                                                               
    S
                     2;                                                  Plaintiffs,
                     21                                                                                
                                          VS.                                                          
                     2<                                                                                
                               JACK  M.  MAZUR,  ROBERT  L.  BOWLES,                                   
                     2!        JR.,  and  PRICEWATERHOUSE  COOPERS
                               LLC,                                                                    
    
    SNIPPETS:
  • MILBERG WEISS BERSHAD',
  • presently stayed from prosecution.
  • 10 opinions in the Company's Form 10-K Reports
  • 11 PWC also reviewed
  • the Class Period;
  • 13 to the inclusion
  • Defendants
  • BCBSNJ facilities.
  • bogus receivables
  • PHP and the Individual
  • 2E Columbia
  • register the shares of common stock issuable
  • with HIP of New Jersey,
  • -two months of PWC's issuance
  • "cleantl audit opinions
  • and review statements
  • contracts with the District,
  • Exchange Act and 28 U.S.C.
  • and/or Plaintiffs'
  • securities markets.
  • traded on the New York Stock Exchange,, a national
  • Charles H. Robbins
  • 2: President.
  • million PHP shares 11 held by the Robbins family
  • PWC rendered false and misleading

  • 3 . COMPLAINT

    EXTRACTED KEY WORDS
    DEFENDANTS
    PLAINTIFFS
    SECURITIES
    MISLEADING
    CALIFORNIA
    ACT
    VIOLATION
    PARACELSUS STOCK
    FINANCIAL STATEMENTS
    DAMAGES
    COURT
    HEALTHCARE CORPORATION
    LAW
    REGISTRATION STATEMENT
    MATERIAL FACTS
    INDIVIDUAL DEFENDANTS
    LOS ANGELES
    RECEIVABLES
    ACCOUNTING
    INTERNAL CORPORATE DOCUMENTS
    ADJUSTMENTS
    COLLECTION EXPENSES
    PROSPECTUSES
    CONNECTION
    MANAGEMENT
    KAPLAN
    FOX
    SAVETT FRUTKIN PODELL
    SUPERIOR COURT
    
    
    
    
    
    
    MILBERG WEISS BERSHAD
    HYNES & LERACH LLP
    WILLIAM S. LERACH (68581)
    ALAN SCHULMAN (128661)
    BLAKE M. HARPER (115756)
    600 West Broadway, Suite 1800
    San Diego, CA 92101
    Telephone: 619/231-1058
    
    KAPLAN, KILSHEIMER & FOX, LLP
    ROBERT N. KAPLAN
    FREDERIC S. FOX
    JONATHAN K. LEVINE
    685 Third Avenue, 26th Floor
    New York, NY 10017
    Telephone: 212/687-1980
    
    SAVETT FRUTKIN PODELL &
         RYAN, P.C.
    STUART H. SAVETT
    BARBARA A. PODELL
    320 Walnut Street, Suite 508
    Philadelphia, PA 19106
    Telephone: 215/923-5400
    
    Attorneys for Plaintiffs
    
    
                       SUPERIOR COURT OF THE STATE OF CALIFORNIA
    
                                 COUNTY OF LOS ANGELES
    
    
    RAJESHWAR GAONKAR and THOMAS R.            ) Case No. BC158899
    BELL, On Behalf of Themselves and          ) [filed Oct. 11, 1996]
    All Others Similarly Situated,             ) CLASS ACTION
                                               )
                               Plaintiffs,     ) COMPLAINT FOR DAMAGES BASED
                                               ) UPON:
           vs.                                 ) (1) VIOLATIONS OF CAL.
                                               )          CORP. CODE §§25400-
    DR. MANFRED GEORGE KRUKEMEYER, R.J. )                 25402, 25500-25502;
    MESSENGER, JAMES T. RUSH and               ) (2) VIOLATIONS OF CAL.
    
    SNIPPETS:
  • KAPLAN, KILSHEIMER & FOX, LLP ROBERT N. KAPLAN FREDERIC S. FOX JONATHAN K. LEVINE
  • SAVETT FRUTKIN PODELL & RYAN, P.C. STUART H. SAVETT BARBARA A. PODELL
  • SUPERIOR COURT OF THE STATE OF CALIFORNIA
  • COUNTY OF LOS ANGELES
  • Plaintiffs,) COMPLAINT FOR DAMAGES BASED
  • VIOLATION OF §§ll AND
  • purchased or otherwise acquired the securities of Paracelsus
  • Healthcare Corporation ("Paracelsus" of the "Company") from August
  • California law due to defendants' issuance of false and misleading
  • registration statement, of Champion Healthcare Corporation
  • million shares of Paracelsus stock at $8.50 per share.
  • financial statements permitted Paracelsus to complete the
  • hospitals; reimbursement accounting issues; and the need to revise
  • given by statute to other trial courts, and over the Securities Act
  • or aided and abetted one another in not disclosing material facts
  • and finances via access to internal corporate documents (including
  • management and Board of Directors' meetings and committees thereof
  • and via reports and other information provided to him in connection
  • Individual Defendants participated in or aided or abetted the
  • The Individual Defendants each signed the Registration Statements and Prospectuses for the
  • to adequately reserve for bad debt and collection expenses.
  • The selected historical financial information for the six months ended March 31, 1995 and
  • Losses from uncollectible receivables shall be accrued when both conditions in ¶8 are met.
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