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IN RE POWERWAVE TECHNOLOGIES INC SECURITIES LITIGATION Click to find out why . . .



Keywords & Phrases
CaseNo: PT124522, CourtName: CLASS ACTION CASES, State: CA California, UniqueCaseRef: LCD>PT124522, Paradigm, Stock, High Performance, Market, Securities, Sram Market, Common Stock, Price, Act, Class Action, Report, Semiconductor, Revenue, Analyst Report, Smith Barney, Mcclelland, Misleading, Financials, Representations, Defendant Gulett, Random Access Memory, Excess Sram Capacity, Painewebber, Individual Defendants, Paradigm Technology, Complex Military/aerospace, Secondary Offering, Telecommunications, Eex, Entry, Powerwave Tech, William, Consol, Tanner, Transf, Edwards, Discovery, Glt , ContentID: 120246847

Case Documents
1   COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 116641
26 pages
PDF
2 2000-08-25 DOCKET
[ see first page and extracted highlights below  ] ItemID: 116642
6 pages
PDF
3 1998-12-01 CONSOLIDATED COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 123515
53 pages
PDF
Total Documents: 3 documents , 85 pages
Price: $ 29.95


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1 . COMPLAINT

EXTRACTED KEY WORDS
DEFENDANTS
STOCK
HIGH PERFORMANCE
PLAINTIFF
MARKET
SECURITIES
SRAM MARKET
COMMON STOCK
PRICE
ACT
CLASS ACTION
REPORT
SEMICONDUCTOR
REVENUE
ANALYST REPORT
SMITH BARNEY
MCCLELLAND
MISLEADING
FINANCIALS
REPRESENTATIONS
DEFENDANT GULETT
RANDOM ACCESS MEMORY
EXCESS SRAM CAPACITY
PAINEWEBBER
INDIVIDUAL DEFENDANTS
PARADIGM TECHNOLOGY
COMPLEX MILITARY/AEROSPACE
SECONDARY OFFERING
TELECOMMUNICATIONS


KEVIN J. YOURMAN (147159)
JORDAN L. LURIE (130013)
WEISS & YOURMAN
10940 Wilshire Blvd.
24th Floor
Los Angeles, CA 90024
(310) 208-2800

JOSEPH H. WEISS
WEISS & YOURMAN
551 Fifth Avenue
New York, NY 10016
(212) 532-4171

Attorneys for Plaintiffs

                                 UNITED STATES DISTRICT COURT

                             NORTHERN DISTRICT OF CALIFORNIA

                                       SAN JOSE DIVISION

Dr. Benjamin Tyber, On Behalf of Himself and )  Case No. [ 98-CV-20528]
All Others Similarly Situated,                     )) CLASS ACTION
                      Plaintiffs,                  ) CLASS ACTION
           vs.                                     )) COMPLAINT FOR
                                                         VIOLATION OF FEDERAL
PARADIGM TECHNOLOGY, INC.,                         ) SECURITIES LAWS
MICHAEL GULETT, ROBERT                             ) [filed May 19, 1998]
McCLELLAND, RICHARD A. VELDHOUSE,  )
CHIANG LAM, DENNIS McDONALD,                       ) Plaintiff Demands a Trial by Jury
                                                   )
                      Defendants.                  ))
_______________________________________ ))
Plaintiff, by his attorneys, alleges, upon personal knowledge as to his own acts, and as to
all other matters upon the investigation made by and through his attorneys, as follows:

                                       INTRODUCTION
1. This is a securities class action brought on behalf of all persons who purchased or
otherwise acquired the common stock of Paradigm Technology, Inc. ("Paradigm" or the
"Company") from November 20, 1995 through March 22, 1996, inclusive (the "Class
Period").




SNIPPETS:
  • This is a securities class action brought on behalf of all persons who purchased or otherwise
  • Defendant Paradigm is a maker of high performance static random access memory semiconductor
  • Paradigm's common stock is traded on the NASDAQ under the ticker symbol "PRDM."
  • During the Class Period, the price of Paradigm stock traded as high as $20 per share based on
  • defendants committed securities fraud by issuing false and misleading press releases and
  • As a result of Paradigm's fraud regarding the reporting of the NexGen shipment, Paradigm's
  • Contrary to defendants' representations that Paradigm was operating in a niche market with a
  • In fact, defendants had duped the market regarding the ability of Paradigm to withstand a
  • This Court has jurisdiction over the subject matter of this action pursuant to 28 U.S.C.
  • Plaintiff Dr. Benjamin Tyber purchased 3,700 shares of Paradigm Technology, Inc. common stock
  • Defendant Paradigm, headquartered at Milpitas, California, designs, manufacturers and markets
  • Defendant Robert McClelland, at all relevant times, was the Vice President and Chief
  • The individual defendants identified above may be referred to herein as the "Individual
  • CLASS ACTION ALLEGATIONS
  • In an analyst report dated August 16, 1995, PaineWebber commented on the "distinctive
  • The PaineWebber report stated, "realizing the inherent performance advantages of its
  • Defendant Gulett stated, "Paradigm's transition to higher margin products continued in the
  • The underwriters for the proposed secondary offering again were Smith Barney and PaineWebber,
  • In a series of misrepresentations, defendants emphasized that Paradigm was insulated from
  • To accomplish their scheme of artificially inflating the Company's stock price, defendants

  • 2 . DOCKET

    EXTRACTED KEY WORDS
    EEX
    ENTRY
    POWERWAVE TECH
    CONSOL
    WILLIAM
    TANNER
    TRANSF
    EDWARDS
    DISCOVERY
    GLT
    TAYLOR
    DOCKET
    SOUTHERN DIVISION
    ALFONSO
    CORDERO
    NAM
    DAVID
    GEORGE
    KEVIN
    MICHAELS
    RICHARD SHAPERO
    EUGENE
    GODA
    GREGORY
    AVIS
    BRUCE
    JGM
    STIP
    SPECIFICS
    
    
    
    Case docket was last updated on: 08/25/00.
    
    
    Docket as of August 25, 2000 7:21 pm                          Page 1
    
    Proceedings include all events.                                                   TERMED
    CONSOL
    8:98cv712 William B Tanner v. Powerwave Tech Inc, et al
    (EEx)
                                                                                      TRANSF
                                                                            TERMED
    CONSOL
                                                                            (EEx)
    TRANSF
                                  U.S. District Court
                  Central District of California (Southern Div)
    
                          CIVIL DOCKET FOR CASE #: 98-CV-712
    
    William B Tanner v. Powerwave Tech Inc, et al                           Filed:
    08/21/98
    Assigned to: Judge Gary L. Taylor                    Jury demand: Plaintiff
                     Referred to: Discovery Elgin Edwards
    Demand: $0,000                                       Nature of Suit: 850
    Lead Docket: 98-CV-605                               Jurisdiction: Federal
    Question
    Dkt # : is 2:98-cv-06114
    
    Cause: 15:78m(a) Securities Exchange Act
    
    
    WILLIAM B TANNER, on behalf of           William S Lerach
    himself & all others similarly           FAX 619-231-7423
    situated                                 [COR LD NTC]
             plaintiff                       Edward P Dietrich
                                             [COR LD NTC]
                                             Milberg Weiss Bershad Hynes &
                                             Lerach
                                             600 W Broadway, Ste 1800
                                             San Diego, CA 92101-3356
                                             619-231-1058
    
                                             Kathleen Ann Herkenhoff
                                             FAX 213-617-9185
                                             [COR LD NTC]
                                             Milberg Weiss Bershad Hynes &
    
    SNIPPETS:
  • Case docket was last updated on:
  • CONSOL
  • 8:98cv712 William B Tanner v. Powerwave Tech Inc, et al (EEx)
  • TRANSF
  • Referred to: Discovery Elgin Edwards
  • KEVIN T MICHAELS
  • EUGENE L GODA
  • GREGORY M AVIS
  • BRUCE C EDWARDS
  • POWERWAVE TECHNOLOGIES INC; ALFONSO G CORDERO; KI Y NAM; DAVID L GEORGE; KEVIN T MICHAELS;
  • Ann I. Jones [Entry date 07/31/98]
  • SACV98-605 GLT
  • transferring case to the SOUTHERN Division.
  • Taylor for all further proceedings.
  • meaning set forth in the stip,
  • w/out effecting the finality of this jgm in any way,
  • interest earned thereon; (see doc for fur specifics); (Ent

  • 3 . CONSOLIDATED COMPLAINT

    EXTRACTED KEY WORDS
    LERACH
    SOUTH KOREA
    NASDAQ
    MARKET
    CLASS PERIOD HIQH
    STEINMEYER
    RANDALL
    ANDERSON
    REINHARDT
    SUITE
    SOUTH GRAND AVENUE
    HERKENHOFF
    SAN DIEGO
    ALAN SCHULMAN
    WILLIAM
    LERACH LLP
    HYNES
    MILBERG WEISS BERSHAD
    
                                 I                   ORIGiNAL  "                                      '
      1     MILBERG  WEISS  BERSHAD
               HYNES  &  LERACH  LLP
      2     WILLIAM  S.  LERACH  (68581)
            ALAN  SCHULMAN  (128661)
      3     600  West  Broadway,                    Suite  1800
            San  Diego,       CA  92101
     4      Telephone:           619/231-1058
                   -  and  -
     5      EDWARD  P.  DIETRICH                    (176118)
            KATHLEEN  A.  HERKENHOFF  (168562)
     6      355  South  Grand  Avenue
            Suite  4170
     7      Los  Angeles,              CA  90071
            Telephone:         213/617-9007
     8      REINHARDT  &  ANDERSON
     9      RANDALL  H.  STEINMEYER
            E-1000  First              National
    10        Bank  .Building
            332  Minnesota              Street
    11      St  *  Paul,  MN  55101
            Telephone:         612/227-9990
    12      Co-Lead  Counsel  for  Plaintiffs
    13
    14                                         UNITED  STATES  DISTRICT  COURT
    15                                       CENTW  DISTRICT  OF  CALIFORNIA
    16                                                    SOUTHERN  DIVISION
    17      In  re  POWERWAVE TECHNOLOGIES  INC.,                        )  Master  File  No.
    18      SECURITIES  LITIGATION                                       1        SACV-98-605-GLT(EEx)
    19                                                                   1
                                                                         )  CLASS  ACTION
            This  Document  Relates                    To:               )  (Consolidated)
    20            ALL  ACTIONS.
    21                                                                   1  Plaintiffs          Demand 
    22                                                                         Trial     By  Jury
    23                        CONSOLIDATED  COMPLAINT  FOR  VIOLATION  OF  THE
    24                                      SECURITIES  EXCHANGE  ACT  OF  1934
    25
    26
    27
    28
    
                                                                        EYTERED lCM$TP'  ' h  '
                                                                                                       
    
    
    
    b       t
    
    
    SNIPPETS:
  • MILBERG WEISS BERSHAD HYNES & LERACH LLP
  • WILLIAM S. LERACH ALAN SCHULMAN
  • San Diego, CA 92101
  • - and -KATHLEEN A. HERKENHOFF
  • 355 South Grand Avenue
  • Suite 4170
  • REINHARDT & ANDERSON
  • RANDALL H. STEINMEYER
  • 12 80% of its value since its Class Period hiqh a few months earlier.
  • market on the NASDAQ.
  • and Samsung.
  • South Korea
  •    |