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Keywords & Phrases
CaseNo: RAC105850, CourtName: CLASS ACTION II, State: PA Pennsylvania, UniqueCaseRef: LCD>RAC105850, Rite Aid, Common Stock, Class Action, Securities, Market, Act, Exchange, Stores, Class Period, Allegations, Individual Defendant, Materially False, Public Documents, Complaint, Rite Aid Corporation, Open Market, Dissemination, Misleading, Misleading Statements, Federal Securities Laws, Material Facts, Misrepresentations, Earnings Shortfall, Inter Alia, Financial News Media, Class Action Complaint, Business Prospects, Star International Caterers, Personal Knowledge, Entry, Representatives , ContentID: 120246881

Case Documents
1   DOCKET
[ see first page and extracted highlights below  ] ItemID: 116885
4 pages
PDF
2 1999-03-29 COMPLAINT B
[ see first page and extracted highlights below  ] ItemID: 116884
13 pages
PDF
3 1999-03-15 COMPLAINT A
[ see first page and extracted highlights below  ] ItemID: 116883
12 pages
PDF
Total Documents: 3 documents , 29 pages
Price: $ 29.95


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1 . DOCKET

EXTRACTED KEY WORDS
COURT
JUDGE STEWART
JUDGE STEWART DALZELL
DEFENDANT
DOCKET
RITE AID
MARTIN
MOTION
INTERNATION
DISTRICT
ADR
COMPLAINT
FDC
GRASS
STIPULATION
PAR
COUNSEL
EMBRACE
EXTANT CLAIMS
CHAMBERS
MEDIATION
LYNN MARTIN
PERSONAL SERVICE
THEREOF
SUBSTITUTE
DEFTS
INTEND
MIDDLE DISTRICT
PLFFS


Docket as of May 19, 1999 [retrieved 6/30/99]

Proceedings include all events.
e-SPEC
2:99cv1323 NEW STAR INTERNATION v. RITE AID CORP., et al
                                                                                     99
1349
                                                                           e-SPEC 99
                                                                           1349
                                  U.S. District Court
     U.S. District Court of Eastern Pennsylvania (Philadelphia)

                        CIVIL DOCKET FOR CASE #: 99-CV-1323

NEW STAR INTERNATION v. RITE AID CORP., et al                              Filed:
03/15/99
Assigned to: JUDGE STEWART DALZELL                          Jury demand: Plaintiff
Demand: $0,000                                              Nature of Suit: 160
Lead Docket: None                                           Jurisdiction: Federal
Question

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


NEW STAR INTERNATIONAL                       SHERRIE R. SAVETT
CATERERS, INC., on behalf of                 FAX 215-875-5715
itself and all others                        [COR LD NTC]
similarly situated                           1622 LOCUST STREET
           PLAINTIFF                         PHILADELPHIA, PA 19103
                                             USA


     v.


RITE AID CORPORATION                         WILLIAM A. SLAUGHTER
           DEFENDANT                         [COR LD NTC]
                                             BALLARD, SPAHR, ANDREWS AND
                                             INGERSOLL
                                             1735 MARKET STREET
                                             51ST FL.
                                             PHILA, PA 19103-7599
                                             USA


MARTIN L. GRASS                              WILLIAM A. SLAUGHTER
SNIPPETS:
  • Docket as of May 19,
  • e-SPEC 2:99cv1323 NEW STAR INTERNATION v. RITE AID CORP.,
  • U.S. District Court of Eastern Pennsylvania
  • TO THE COURT AND THE PARTIES, PLAINTIFFS' COUNSEL SHOULD,
  • COMPLAINT THAT WOULD EMBRACE ALL EXTANT CLAIMS (SIGNED BY
  • JUDGE STEWART DALZELL) 3/23/99 ENTERED AND COPIES FAXED BY
  • CHAMBERS 3/22/99.
  • [Entry date 03/23/99]
  • FOR MEDIATION.
  • RITE AID CORP., DEFENDANT MARTIN L. GRASS.
  • (service accepted by Lynn Martin)
  • PERSONAL SERVICE on 3/24/99.
  • 4/8/99 7 STIPULATION AND ORDER THAT THE 4/1/99 STIPULATION IS
  • APPROVED EXCEPT PAR.
  • 6-THEREOF SHALL BE AMENDED
  • SUBSTITUTE "THIRTY " IN PLACE OF "FORTY-FIVE AND,
  • DEFTS SHALL BY 4/19/99 ADVISE THE COURT WHETHER THEY INTEND
  • TO FILE A MOTION TO TRANSFER THIS ACTION TO THE U.S.D.C.
  • FOR THE MIDDLE DISTRICT OF PA,
  • & PLFFS SHALL RESPOND TO ANY

  • 2 . COMPLAINT B

    EXTRACTED KEY WORDS
    DEFENDANTS
    PLAINTIFF
    COMMON STOCK
    CLASS ACTION
    SECURITIES
    MARKET
    ACT
    MEMBERS
    EXCHANGE
    STORES
    CLASS PERIOD
    COMPLAINT
    ALLEGATIONS
    INDIVIDUAL DEFENDANT
    MATERIALLY FALSE
    MISLEADING STATEMENTS
    PUBLIC DOCUMENTS
    RITE AID CORPORATION
    OPEN MARKET
    DISSEMINATION
    FEDERAL SECURITIES LAWS
    MATERIAL FACTS
    MISREPRESENTATIONS
    EARNINGS SHORTFALL
    INTER ALIA
    FINANCIAL NEWS MEDIA
    REPRESENTATIVES
    DISCLOSE MATERIAL FACTS
    DISTRIBUTION
    
    
    
                                         UNITED STATES DISTRICT COURT
                                  EASTERN DISTRICT OF PENNSYLVANIA
    
    ---------------------------------------------------  x
    JERRY H. STEINER,                                     :
    on behalf of himself and all                          :  Civil Action No. 99-CV-1549
    others similarly situated,                            : :
                          Plaintiff,                      :  CLASS ACTION COMPLAINT
               -against-                                  : :  [filed Mar. 29, 1999]
    RITE AID CORPORATION and                              :  JURY TRIAL DEMANDED
    MARTIN L. GRASS,                                      : :
                          Defendants.                     : :
    ---------------------------------------------------  : x
    Plaintiff, Jerry H. Steiner, by his undersigned attorneys, for his class action complaint,
    alleges the following upon personal knowledge as to himself and his own acts, and upon
    information and belief as to all other matters, based upon, inter alia, the investigation
    made by and through his attorneys, which investigation included, inter alia, a review of
    the public documents and filings by the corporate defendant with the Securities and
    Exchange Commission ("SEC"), articles in the financial news media, and press releases,
    and other publicly available information concerning Rite Aid Corporation ("Rite Aid" or
    the "Company"). Plaintiff believes that further substantial evidentiary support exists for
    the allegations as set forth below after a reasonable opportunity for discovery.
    
                                              NATURE OF ACTION
    
    1. Plaintiff brings this action as a class action on behalf of himself and all others who
    purchased the common stock of Rite Aid in the open market during the Class
    
                      [page 2 missing from Clearinghouse's paper copy of complaint]
    
                                                     PARTIES
    
    6. Plaintiff Jerry H. Steiner purchased the publicly traded securities of Rite Aid during the
    Class Period as set forth in the accompanying Certification, and was damaged thereby.
    
    7. Defendant Rite Aid is a Delaware corporation which maintains its principal executive
    offices at 30 Hunter Lane, Camp Hill, Pennsylvania 17011. Rite Aid is one of the largest
    retail drug store chains in the United States. As of November 28, 1998, Rite Aid operated
    3,827 drugstores within a range of approximately 7,200 to 20,000 square feet per store in
    size, in 30 eastern, southern, and western states and the District of Columbia, and
    employed 75,000 associates.
    
    
    
    
    
    
    SNIPPETS:
  • x Plaintiff, Jerry H. Steiner, by his undersigned attorneys, for his class action complaint, s media, and press releases, and other publicly available information concerning Rite Aid
  • Plaintiff believes that further substantial evidentiary support exists for the allegations as
  • Plaintiff brings this action as a class action on behalf of himself and all others who
  • [page 2 missing from Clearinghouse's paper copy of complaint]
  • Plaintiff Jerry H. Steiner purchased the publicly traded securities of Rite Aid during the
  • Defendant Grass may hereinafter be referred to as the "Individual Defendant."
  • Because of his positions, his ability to exercise power and influence with respect to Rite
  • Excluded from the Class are defendants, members of the immediate families of the Individual
  • The members of the Class are so numerous that joinder of all members is impracticable.
  • Although the exact number of Class members is unknown at this time and can only be
  • whether the Individual Defendant caused Rite Aid to issue false and misleading statements
  • Defendants made public misrepresentations or failed to disclose facts during the Class Period;
  • Year-to-date totals include 145 new stores, 293 closings, 151 remodels and 227 relocations
  • The defendants' statements set forth above were materially false and misleading to the
  • Moreover, at the time of these announcements, defendants were aware, but failed to disclose,
  • By conveying a falsely positive message about the Company's prospects, defendants hid the
  • defendants acted with scienter in that defendants knew or recklessly disregarded that the securities laws.
  • Defendants individually and in concert, directly and indirectly, by the use of means or were made, not misleading; and employed devices and artifices to defraud in connection with the
  • As a result of the dissemination of the materially false and misleading information and
  • RITE AID CORPORATION CERTIFICATION PURSUANT TO THE FEDERAL SECURITIES LAWS

  • 3 . COMPLAINT A

    EXTRACTED KEY WORDS
    DEFENDANTS
    PLAINTIFF
    COMMON STOCK
    SECURITIES
    CLASS ACTION
    ACT
    EXCHANGE
    MARKET
    MEMBERS
    STORES
    CLASS PERIOD
    INDIVIDUAL DEFENDANT
    PUBLIC DOCUMENTS
    ALLEGATIONS
    MATERIALLY FALSE
    MISLEADING
    DISSEMINATION
    CLASS ACTION COMPLAINT
    OPEN MARKET
    MATERIAL FACTS
    MISREPRESENTATIONS
    FEDERAL SECURITIES LAWS
    BUSINESS PROSPECTS
    EARNINGS SHORTFALL
    STAR INTERNATIONAL CATERERS
    PERSONAL KNOWLEDGE
    INTER ALIA
    FINANCIAL NEWS MEDIA
    RITE AID CORPORATION
    
    
    
                                         UNITED STATES DISTRICT COURT
                                  EASTERN DISTRICT OF PENNSYLVANIA
    
    ---------------------------------------------------  x
    NEW STAR INTERNATIONAL                                :
    CATERERS, INC.,                                       :  Civil Action No. 99-CV-1323
    on behalf of itself and all                           :
    others similarly situated,                            :
                                                          :
                          Plaintiff,                      :  CLASS ACTION COMPLAINT
                                                                  [filed Mar. 15, 1999]
               -against-                                  : :  JURY TRIAL DEMANDED
    RITE AID CORPORATION and                              :
    MARTIN L. GRASS,                                      : :
                          Defendants.                     : :
    ---------------------------------------------------  : x
    Plaintiff, New Star International Caterers, Inc., by its undersigned attorneys, for its class
    action complaint, alleges the following upon personal knowledge as to itself and its own
    acts, and upon information and belief as to all other matters, based upon, inter alia, the
    investigation made by and through its attorneys, which investigation included, inter alia,
    a review of the public documents and filings by the corporate defendant with the
    Securities and Exchange Commission ("SEC"), articles in the financial news media, and
    press releases, and other publicly available information concerning Rite Aid Corporation
    ("Rite Aid" or the "Company"). Plaintiff believes that further substantial evidentiary
    support exists for the allegations as set forth below after a reasonable opportunity for
    discovery.
    
                                              NATURE OF ACTION
    
    1. Plaintiff brings this action as a class action on behalf of itself and all others who
    purchased the common stock of Rite Aid in the open market during the Class Period
    December 14, 1998 through March 11, 1999, inclusive, and were damaged thereby, and
    as further defined below, to recover damages caused by defendants' violation of the
    federal securities laws.
    
                                           JURISDICTION AND VENUE
    
    2. This action arises under Sections 10(b) and 20 of the Securities Exchange Act of 1934
    (the "Exchange Act"), 15 U.S.C. §78, et seq. and Rule 10b-5 promulgated thereunder by
    the SEC, 17 C.F.R. 240.10b-5.
    
    3. Jurisdiction is conferred upon this Court by Section 27 of the Exchange Act, 15 U.S.C.
    §78aa and 28 U.S.C. §1331 (federal question jurisdiction). This Court has personal
    jurisdiction of defendants pursuant to Section 27 of the Exchange Act, 15 U.S.C. §78aa.
    
    
    
    SNIPPETS:
  • x Plaintiff, New Star International Caterers, Inc., by its undersigned attorneys, for its in the financial news media, and press releases, and other publicly available information
  • Plaintiff believes that further substantial evidentiary support exists for the allegations as
  • Plaintiff brings this action as a class action on behalf of itself and all others who
  • This action arises under Sections 10and 20 of the Securities Exchange Act of 1934, 15 U.S.C.
  • This Court has personal jurisdiction of defendants pursuant to Section 27 of the Exchange Act,
  • Venue is proper in this District because defendant Rite Aid has its principal place of
  • Plaintiff New Star International Caterers, Inc. purchased the publicly traded securities of
  • Grass is the beneficial owner of 3,897,795 shares of Rite Aid common stock.
  • Defendant Grass may hereinafter be referred to as the "Individual Defendant."
  • The members of the Class are so numerous that joinder of all members is impracticable.
  • Defendants made public misrepresentations or failed to disclose facts during the Class Period;
  • Year-to-date totals include 145 new stores, 293 closings, 151 remodels and 227 relocations
  • Defendants disseminated materially false and misleading information about Rite Aid's
  • By conveying a falsely positive message about the Company's prospects, defendants hid the
  • defendants acted with scienter in that defendants knew or recklessly disregarded that the securities laws.
  • other members of the Class; made various untrue and/or misleading statements of material
  • Plaintiff, who purchased shares of Rite Aid common stock on the open market, does not have
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