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Keywords & Phrases
CaseNo: SI79412, CourtName: CLASS ACTION II, State: CA California, UniqueCaseRef: LCD>SI79412, Stock, Class Period, Moving Plaintiffs, Revenue, Prejudice, Motion, Act, Entry, Report, Common Stock, Sales, Securities, Reports, Johnson, Llm, Management, Market, Distributors, Internal Corporate Documents, Price, Accelerators, Caputo, Net Income, Graphics, Individual Defendants, Securities Analysts, Growth, Class Action, Financial Statements, San Diego, Connection Therewith, Exchange, Gross Proceeds, California, Robert, Misrepresentations, Research Report, Management Conference, Inter Alia , ContentID: 120246884

Case Documents
1   RESPONSE TO MOTION FOR VOLUNTARY DISMISSAL
[ see first page and extracted highlights below  ] ItemID: 116901
3 pages
PDF
2   MOTION FOR VOLUNTARY DISMISSAL
[ see first page and extracted highlights below  ] ItemID: 116900
13 pages
PDF
3   LITIGANTS 3 97CV4084
[ see first page and extracted highlights below  ] ItemID: 116899
2 pages
PDF
4   LITIGANTS 3 97CV4079
[ see first page and extracted highlights below  ] ItemID: 116898
2 pages
PDF
5   LITIGANTS 3 97CV4066
[ see first page and extracted highlights below  ] ItemID: 116897
5 pages
PDF
6   DECLARATION OF JAMES A CAPUTO
[ see first page and extracted highlights below  ] ItemID: 116895
5 pages
PDF
7   COMPLAINT B 2
[ see first page and extracted highlights below  ] ItemID: 116894
17 pages
PDF
8   COMPLAINT A
[ see first page and extracted highlights below  ] ItemID: 116892
51 pages
PDF
9 2000-05 COMPLAINT B
[ see first page and extracted highlights below  ] ItemID: 116893
11 pages
PDF
10 1998-07-01 CIVIL DOCKET FOR CASE 97-CV-4079
[ see first page and extracted highlights below  ] ItemID: 116890
7 pages
PDF
11 1998-07-01 CIVIL DOCKET FOR CASE 97-CV-4066
[ see first page and extracted highlights below  ] ItemID: 116889
7 pages
PDF
12 1998-01-27 CIVIL DOCKET FOR CASE 97-CV-4084
[ see first page and extracted highlights below  ] ItemID: 116891
3 pages
PDF
13 1998-01-02 LETTER FROM STATE OF WISCONSIN
[ see first page and extracted highlights below  ] ItemID: 116896
3 pages
PDF
Total Documents: 13 documents , 129 pages
Price: $ 79.95


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1 . RESPONSE TO MOTION FOR VOLUNTARY DISMISSAL

EXTRACTED KEY WORDS
PLAINTIFFS
MOTION
JOHNSON
MARQULIS
DIOSDADO
BANATAO
DALE
TERRY
HOLDT
RONALD
YARA
JACKSON
CARMELO
SANTORO
JOHN
COLLIGAN
ROBERT
LEE
DISTRICT
COURT
PREJUDICE
HON
RESPONSE
PROCEDURES PLAINTIFFS
MEMBERS
PUTATIVE CLASS
OPPOSE
RIGHTS
RELATED LITIGATION


PILLSBURY MADISON & SUTRO LLP
WALTER J. ROBINSON III #40632
CHARLES R. RAGAN #72319
WILLIAM O. FISHER #70841
MORGAN R. SMOCK #148212
2550 Hanover Street
Palo Alto, CA 94304-1115
Telephone: (650) 233-4500

Attorneys for Defendants
S3 INCORPORATED, GARY J. JOHNSON,
NEAL G. MARQULIS, DIOSDADO P. BANATAO,
DALE R. LINDLY, TERRY N. HOLDT,
RONALD T. YARA, JACKSON K.C. HU,
CARMELO J. SANTORO, JOHN C. COLLIGAN,
ROBERT P. LEE and WALTER AMARAL


                   UNITED STATES DISTRICT COURT

                  NORTHERN DISTRICT OF CALIFORNIA

_________________________________ )
EDWARD RUDOLPH, et al.,               )     No. C 97-4066 VRW
                                      )     [filed May 19, 1998]
                       Plaintiffs,    ))
     vs.                              ))
S3 INCORPORATED, et al.,              ))
                       Defendants.    )
_________________________________ ))
STANLEY ZINBERG, AS TRUSTEE OF        )     No. C 97-4079 VRW
THE STANLEY ZINBERG MD PC PROFIT )
SHARING TRUST,                        )) RESPONSE BY THE S3
                       Plaintiff,     )     DEFENDANTS' TO
                                      )     PLAINTIFFS' MOTION FOR
     vs.                              )     VOLUNTARY DISMISSAL
                                      )
S3 INCORPORATED, et al.,              )     DATE: June 5, 1998
                                      )     TIME: 10:30 a.m.
                       Defendants.    )     COURTROOM: Hon.
_________________________________ )            Vaughn R. Walker


     Defendants S3 INCORPORATED, GARY J. JOHNSON, NEAL G.

MARQULIS, DIOSDADO P. BANATAO, DALE R. LINDLY, TERRY N.
SNIPPETS:
  • Attorneys for Defendants
  • UNITED STATES DISTRICT COURT
  • NORTHERN DISTRICT OF CALIFORNIA
  • COURTROOM: Hon.
  • Defendants S3 INCORPORATED, GARY J. JOHNSON, NEAL G.
  • MARQULIS, DIOSDADO P. BANATAO, DALE R. LINDLY, TERRY N.
  • HOLDT, RONALD T. YARA, JACKSON K.C. HU, CARMELO J. SANTORO,
  • JOHN C. COLLIGAN, ROBERT P. LEE and WALTER AMARAL
  • file this response to
  • Prejudice ("the Motion").
  • actions and procedures plaintiffs propose with respect to
  • other members of the putative class, do not oppose the
  • Defendants' position is without prejudice to their
  • rights with respect to the effect of such dismissal on
  • related litigation against these defendants in other courts.

  • 2 . MOTION FOR VOLUNTARY DISMISSAL

    EXTRACTED KEY WORDS
    PREJUDICE
    MOTION
    DEFENDANTS
    CAPUTO
    COURT
    SAN DIEGO
    WOLF POPPER LLP
    ROSEMAN
    ROBERT
    YORK
    CALIFORNIA
    STATE COURT
    JAMES
    MEMORANDUM
    LIFSHITZ
    SQUIRE
    NORTHERN DISTRICT
    CLASS MEMBERS
    SANTA CLARA COUNTY
    CLARA COUNTY SUPERIOR
    LERACH LLP
    SPECTOR
    ATTORNEYS
    CONSOLIDATE
    PUBLISHED NOTICE
    SECURITIES
    JEFFREY
    IRA
    EDWARD RUDOLPH
    
    
    
    MILBERG WEISS BERSHAD
    
    HYNES & LERACH LLP
    
    WILLIAM S. LERACH (68581)
    
    ALAN SCHULMAN (128661)
    
    JAMES A. CAPUTO (120485)
    
    JOHN D. BANDIERA (171074)
    
    TOR GRONBORG (179109)
    
    600 West Broadway, Suite 1800
    
    San Diego, CA 92101
    
    Telephone: 619/231-1058
    
    
    SPECTOR & ROSEMAN, P.C.
    
    ROBERT M. ROSEMAN
    
    ELLEN GUSIKOFF STEWART (144892)
    
    2000 Market Street
    
    12th Floor
    
    Philadelphia, PA 19103
    
    Telephone: 215/864-2400
    
    
    WOLF POPPER LLP
    
    ROBERT C. FINKEL
    
    845 Third Avenue
    
    New York, NY 10022
    
    Telephone: 212/759-4600
    
    
    SNIPPETS:
  • HYNES & LERACH LLP
  • JAMES A. CAPUTO
  • San Diego, CA 92101
  • SPECTOR & ROSEMAN, P.C.
  • ROBERT M. ROSEMAN
  • WOLF POPPER LLP
  • New York, NY 10022
  • BERNSTEIN LIEBHARD & LIFSHITZ
  • JEFFREY H. SQUIRE
  • IRA M.
  • Attorneys for Plaintiffs
  • NOTICE OF MOTION AND MOTION FOR VOLUNTARY DISMISSAL
  • OF ACTION WITHOUT PREJUDICE AND MOVING PLAINTIFFS'
  • Moving Plaintiffs' Request For Voluntary Dismissal Comports With Applicable Federal Rules And
  • Judge, United States Courthouse, Northern District of California, 450 Golden Gate Avenue
  • Room 16-1111, San Francisco, CA 94102, plaintiffs will and do hereby move the Court for an
  • This motion is based on the accompanying Memorandum of Points and Authorities, and
  • On November 5, 1997, plaintiffs Edward Rudolph, Maurice Krisel, Idy Mandel and Lorry Wagner, ismissed without notice to the class by Judge Claudia Wilken before that action was transferred to
  • Moving Plaintiffs, joined by plaintiffs in the Zinberg action, seek to concentrate their
  • Significantly, Moving Plaintiffs' motion comes before any motions to dismiss have been filed
  • Additionally, to ensure that absent class members are informed of the requested dismissal,
  • Over 300 plaintiffs in the Santa Clara County Superior Court actions against S3, including
  • On February 25, 1998, over 300 state court plaintiffs with Class Period purchases of S3

  • 3 . LITIGANTS 3 97CV4084

    EXTRACTED KEY WORDS
    DISTRICT
    NORTHERN DISTRICT
    CALIFORNIA
    PLAINTIFF
    DIOSDADO
    BANATAO
    JOHNSON
    GEORGE
    HERVEY
    YARA DEFENDANT
    TERRY
    HOLDT
    
    
    
    3:97cv4084               Sanchez, et al v. S3 Incorporated, et al
    
                                                                             TERMED
    RELATE
                                      U.S. District Court
         U.S. District for the Northern District of California (S.F.)
    
    
    STATE OF WISCONSIN INVESTMENT                John A. Busch
    BOARD                                        [COR NTC]
                Miscellaneous                    Michael Best & Friedrich
                                                 100 East Wisconsin Ave
                                                 Milwaukee, WI 53202-4108
                                                 (414) 271-6560
    
                                                 Daniel C. Girard
                                                 [COR LD NTC]
                                                 Girard & Greene LLP
                                                 160 Sansome St Ste 300
                                                 San Francisco, CA 94104
                                                 (415) 981-4800
    
    
    -------------------------
    
    
    JOSE SANCHEZ, On Behalf of                   Kevin J. Yourman
    Themselves and all Others                    [COR LD NTC]
    Similarly Situated                           Weiss & Yourman
                Plaintiff                        10940 Wilshire Blvd
                                                 24th Flr
                                                 Los Angeles, CA 90024
                                                 (310) 208-2800
    
                                                 Edward P. Dietrich
                                                 [COR LD NTC]
                                                 Stull Stull & Brody
                                                 10940 Wilshire Blvd.
                                                 Ste 2300
                                                 Los Angeles, CA 90024
                                                 (310) 209-2468
    
    
    ZEV FREIDUS, On Behalf of                    Kevin J. Yourman
    Themselves and all Others                    (See above)
    Similarly Situated                           [COR LD NTC]
    
    SNIPPETS:
  • U.S. District for the Northern District of California
  • Plaintiff
  • DIOSDADO P. BANATAO
  • GARY J. JOHNSON
  • GEORGE A. HERVEY
  • YARA defendant
  • TERRY N. HOLDT

  • 4 . LITIGANTS 3 97CV4079

    EXTRACTED KEY WORDS
    DISTRICT
    NORTHERN DISTRICT
    CALIFORNIA
    GARY JOHNSON
    
    
    
    3:97cv4079               Zinberg v. S3 Incorporated, et al
    
                                                                             TERMED
    RELATE
                                      U.S. District Court
         U.S. District for the Northern District of California (S.F.)
    
    
    STATE OF WISCONSIN INVESTMENT                John A. Busch
    BOARD                                        [COR NTC]
                Miscellaneous                    Michael Best & Friedrich
                                                 100 East Wisconsin Ave
                                                 Milwaukee, WI 53202-4108
                                                 (414) 271-6560
    
                                                 Daniel C. Girard
                                                 [COR LD NTC]
                                                 Anthony K. Lee
                                                 [COR LD NTC]
                                                 Girard & Greene LLP
                                                 160 Sansome St Ste 300
                                                 San Francisco, CA 94104
                                                 (415) 981-4800
    
    
    -------------------------
    
    
    STANLEY ZINBERG, as Trustee of               Christopher T. Heffelfinger
    the Stanley Zinberg MD PC                    [COR LD NTC]
    Profit Sharing Trust                         Nicole Lavallee
                Plaintiff                        [COR LD NTC]
                                                 Berman DeValerio Pease &
                                                 Tabacco
                                                 425 California St
                                                 Ste 2025
                                                 San Francisco, CA 94104
                                                 (415) 433-3200
    
    
          v.
    
    
    S3 INCORPORATED
                defendant
    
    
    SNIPPETS:
  • U.S. District for the Northern District of California
  • GARY JOHNSON

  • 5 . LITIGANTS 3 97CV4066

    EXTRACTED KEY WORDS
    DEFENDANT
    ROBERT
    DISTRICT
    LIFSHITZ
    YORK
    FINKEL
    BLAKE
    HARPER
    PLAINTIFF
    WILLIAM
    LERACH
    JEFFREY
    SQUIRE
    ROSEMAN
    ELLEN GUSIKOFF STEWART
    TERRY
    HOLDT
    GEORGE
    HERVEY
    RONALD
    YARA
    JACKSON
    HARRY
    DICKINSON
    CARMELO
    SANTORO
    JOHN
    COLLIGAN
    LEE
    
    
    
    3:97cv4066            Rudolph, et al v. S3 Incorporated, et al
    
                                                                          TERMED
    RELATE
                                   U.S. District Court
         U.S. District for the Northern District of California (S.F.)
    
    
    STATE OF WISCONSIN INVESTMENT             John A. Busch
    BOARD                                     [COR NTC]
             Miscellaneous                    Michael Best & Friedrich
                                              100 East Wisconsin Ave
                                              Milwaukee, WI 53202-4108
                                              (414) 271-6560
    
                                              Daniel C. Girard
                                              [COR LD NTC]
                                              Anthony K. Lee
                                              [COR LD NTC]
                                              Girard & Greene LLP
                                              160 Sansome St Ste 300
                                              San Francisco, CA 94104
                                              (415) 981-4800
    
    
    -------------------------
    
    
    EDWARD RUDOLPH                            Blake M. Harper
             Plaintiff                        [COR NTC]
                                              William S. Lerach
                                              [COR LD NTC]
                                              Milberg Weiss Bershad Hynes &
                                              Lerach LLP
                                              600 W Broadway Ste 1800
                                              One America Plaza
                                              San Diego, CA 92101
                                              (619) 231-1058
    
                                              Jeffrey H. Squire
                                              [COR NTC]
                                              Kaufman Malchman Kirby & Squire,
                                              LLP
                                              919 Third Ave 11th Flr
                                              New York, NY 10022
                                              (212) 371-6600
    
    SNIPPETS:
  • U.S. District for the Northern District of California
  • [COR NTC]
  • Bernstein Liebhard & Lifshitz
  • New York, NY 10016
  • Robert C. Finkel
  • MAURICE KRISEL Blake M. Harper Plaintiff
  • William S. Lerach
  • Jeffrey H. Squire
  • Robert M. Roseman
  • Ellen Gusikoff Stewart
  • on behalf of Blake M. Harper themselves and all others
  • TERRY N. HOLDT
  • GEORGE A. HERVEY
  • RONALD T. YARA
  • JACKSON K.C. HU
  • HARRY L. DICKINSON
  • CARMELO J. SANTORO
  • JOHN C. COLLIGAN
  • ROBERT P. LEE

  • 6 . DECLARATION OF JAMES A CAPUTO

    EXTRACTED KEY WORDS
    SAN DIEGO
    PLAINTIFFS
    CALIFORNIA
    JAMES
    CAPUTO
    EXHIBIT
    LLP
    LAW
    PREJUDICE
    LERACH LLP
    YORK
    SUPPORT
    MOVING PLAINTIFFS
    MOTION
    ROSEMAN
    ROBERT
    LIFSHITZ
    SQUIRE
    ATTORNEYS
    NORTHERN DISTRICT
    RUDOLPH
    CLASS ACTION
    PARTIES
    WITNESS
    COMPETENTLY TESTIFY
    PURSUANT
    PENALTY
    PERJURY
    FOREGOING
    
    
    
    MILBERG WEISS BERSHAD
    
    HYNES & LERACH LLP
    
    WILLIAM S. LERACH (68581)
    
    ALAN SCHULMAN (128661)
    
    JAMES A. CAPUTO (120485)
    
    JOHN D. BANDIERA (171074)
    
    TOR GRONBORG (179109)
    
    600 West Broadway, Suite 1800
    
    San Diego, CA 92101
    
    Telephone: 619/231-1058
    
    
    SPECTOR & ROSEMAN, P.C.
    
    ROBERT M. ROSEMAN
    
    ELLEN GUSIKOFF STEWART (144892)
    
    2000 Market Street
    
    12th Floor
    
    Philadelphia, PA 19103
    
    Telephone: 215/864-2400
    
    
    WOLF POPPER LLP
    
    ROBERT C. FINKEL
    
    845 Third Avenue
    
    New York, NY 10022
    
    Telephone: 212/759-4600
    
    
    SNIPPETS:
  • HYNES & LERACH LLP
  • JAMES A. CAPUTO
  • SPECTOR & ROSEMAN, P.C.
  • ROBERT M. ROSEMAN
  • New York, NY 10022
  • BERNSTEIN LIEBHARD & LIFSHITZ
  • JEFFREY H. SQUIRE
  • Attorneys for Plaintiffs
  • MOVING PLAINTIFFS' MOTION FOR VOLUNTARY DISMISSAL
  • I am also a member of the law firm of Milberg Weiss Bershad Hynes & Lerach LLP, co-counsel
  • I make this declaration in support of Moving Parties' Motion for Voluntary Dismissal of
  • Except as otherwise stated, I have personal knowledge of the facts stated in this declaration
  • Exhibit B: Kamen, et al. v. S3, Inc., et al., Case No. CV770003, Order re Consolidation of
  • Rudolph, et al. v. S3, Inc., et al., No. C-97-4066-VRW, Notice of Publication;
  • Voluntary Dismissal of Class Action Suit Filed
  • I declare under penalty of perjury under the laws of the State of California that the
  • Executed this 28th day of April, 1998, at San Diego, California.
  • PURSUANT TO NORTHERN DISTRICT LOCAL RULE 23-2

  • 7 . COMPLAINT B 2

    EXTRACTED KEY WORDS
    CLASS PERIOD
    PLAINTIFFS
    REPORTS
    ACT
    SALES
    REVENUE
    STOCK
    JOHNSON
    EARNINGS
    MISREPRESENTATIONS
    SECURITIES
    COMPLAINT
    PRECEDING
    ARTIFICIALLY INFLATED PRICES
    MEMBERS
    INTER ALIA
    INCORPORATE
    INDIVIDUAL DEFENDANTS
    COMMON STOCK
    DISTRIBUTORS
    NET INCOME
    MISLEADING
    CHIEF FINANCIAL OFFICER
    INTERNAL CORPORATE DOCUMENTS
    EXCHANGE ACT
    MATERIAL FACTS
    REVENUE RECOGNITION
    CONNECTION THEREWITH
    INSIDER TRADING PROCEEDS
    
    
    
    EDWARD P. DIETRICH (176118)
    FELIX M. MARTIN (178337)
    STULL, STULL & BRODY
    10940 Wilshire Blvd., Suite 2300
    Los Angeles, CA 90024
    (310) 209-2468
     KEVIN J. YOURMAN (147159)
    ANTHONY P. SERRITELLA (72597)
    WEISS & YOURMAN
    10940 Wilshire Blvd.
    24th Floor
    Los Angeles, CA 90024
    (310) 208-2800
     Counsel for Plaintiff
     [Additional Counsel Listed on Signature Page]
    
    
                                     UNITED STATES DISTRICT COURT
    
                                 NORTHERN DISTRICT OF CALIFORNIA
    
    
    JOSE SANCHEZ and ZEV FREIDUS, On                      )  Case No.
    Behalf of Themselves and all Others Similarly         )
    Situated,                                             ) CLASS ACTION
                                                          )
                          Plaintiffs,                     ) CLASS ACTION COMPLAINT
                                                          ) FOR VIOLATION OF THE
               v.                                         ) FEDERAL SECURITIES LAWS
                                                          ) AND FOR COMMON LAW FRAUD
    S3 INCORPORATED, DIOSDADO P.                          ) AND NEGLIGENT
    BANATAO, GARY J. JOHNSON, GEORGE A.  ) MISREPRESENTATION
    HERVEY, RON YARA, and TERRY N.                        ) JURY TRIAL DEMANDED
    HOLDT,                                                )
                                                          )
                          Defendants.                     )
    ________________________________________ )
    
    
    Plaintiffs Zev Freidus and Jose Sanchez, as and for their complaint, allege the following
    upon personal knowledge as to themselves and their own acts, and upon information and
    belief as to all other matters. Plaintiffs information and belief are based, inter alia, on the
    
    
    
    
    
    SNIPPETS:
  • Plaintiffs Zev Freidus and Jose Sanchez, as and for their complaint, allege the following
  • investigation of their counsel, including a review of public filings of defendant S3
  • Preceding and during the Class Period, the Company's growth and earnings became more and more
  • In calendar year 1996, the year preceding the Class Period, S3's export sales to
  • This action charges that throughout the Class Period defendants made statements about S3's
  • As a result of these false and misleading representations, the Company's common stock traded
  • 1997 press release indicated that the Company's Audit Committee was in the process of
  • Jurisdiction exists pursuant to §27 of the Securities Exchange Act of 1934, 15 U.S.C. §78aa,
  • Upon information and belief, because of defendant Banatao's positions with the Company, he
  • During the Class Period, defendant Banatao sold at least 56,600 shares of S3 stock at
  • Defendant George A. Hervey was Vice President of Finance and Chief Financial Officer of S3
  • Defendant Gary J. Johnson was at all relevant times the President and Chief Executive Officer
  • each of the Individual Defendants knew that the adverse facts specified herein were being
  • Whether S3's statements during the Class misrepresented and/or omitted material facts;
  • Net income for the quarter increased 29% to $15.9 million, or $0.30 per share, compared to
  • The first quarter 10-Q contained, inter alia, the financial information released on April 21,
  • Plaintiffs incorporate by reference all preceding paragraphs of the Complaint.
  • The individual defendants' negligence and failure to exercise reasonable care and competence

  • 8 . COMPLAINT A

    EXTRACTED KEY WORDS
    STOCK
    REPORT
    REVENUE
    MARKET
    BUSINESS
    PRICE
    COMMON STOCK
    ACCELERATORS
    GRAPHICS
    SECURITIES ANALYSTS
    GROWTH
    INTERNAL CORPORATE DOCUMENTS
    FINANCIAL STATEMENTS
    SALES
    GROSS PROCEEDS
    CLASS PERIOD
    RESEARCH REPORT
    OPERATIONS COMPARED THERETO
    CORPORATE OFFICERS
    INDIVIDUAL DEFENDANTS
    ADVERSE NON-PUBLIC INFORMATION
    FUTURE BUSINESS PROSPECTS
    CONNECTION THEREWITH
    MANAGEMENT
    DISTRIBUTORS
    DIAMOND MULTIMEDIA
    NET INCOME
    NON-PUBLIC INFORMATION
    INDIVIDUAL CONVERSATIONS
    
    
    
    MILBERG WEISS BERSHAD
      HYNES & LERACH LLP
    WILLIAM S. LERACH (68581)
    BLAKE M. HARPER (115756)
    600 West Broadway, Suite 1800
    San Diego, CA 92101
    Telephone: 619/231-1058
     SPECTOR & ROSEMAN, P.C.
    ROBERT M. ROSEMAN
    ELLEN GUSIKOFF STEWART (144892)
    2000 Market Street
    12th Floor
    Philadelphia, PA 19103
    Telephone: 215/864-2400
     WOLF POPPER LLP
    ROBERT C. FINKEL
    845 Third Avenue
    New York, NY 10022
    Telephone: 212/759-4600
     BERNSTEIN LIEBHARD & LIFSHITZ
    MEL E. LIFSHITZ
    274 Madison Avenue
    New York, NY 10016
    Telephone: 212/779-1414
     KAUFMAN, MALCHMAN, KIRBY
    & SQUIRE, LLP
    JEFFREY H. SQUIRE
    IRA M. PRESS
    919 Third Avenue, 11th Floor
    New York, NY 10022
    Telephone: 212/371-6600
    Attorneys for Plaintiffs
    
    
                                 UNITED STATES DISTRICT COURT
    
                           NORTHERN DISTRICT OF CALIFORNIA
    
                                       SAN JOSE DIVISION
    
    
    
    
    
    
    
    
    SNIPPETS:
  • This is a class action on behalf of all persons who purchased or otherwise acquired the
  • S3, whose stock is traded on the NASDAQ National Market System, holds itself out to be a
  • During the Class Period, S3 and its senior-most officers and directors named as defendants
  • These materially false and misleading public statements drove the market price of S3's stock
  • The defendants made and caused these materially false and misleading statements to be made in
  • S3 admitted that it had reported false financial information in "prior quarters" that would
  • The defendants wanted to boost S3's stock price to increase the value of their S3
  • The defendants hoped this would result in investors valuing S3's stock as a "growth stock,"
  • the defendants also realized that S3's existing business was weakening and that S3 could not
  • That S3's largest customer, Diamond Multimedia, was sharply cutting its purchases from S3,
  • S3's insiders personally profited from their illegal behavior, i.e., issuing false and
  • The Company represents that its accelerators are designed to work cooperatively with a PC's
  • S3 has been in the graphics acceleration industry since 1991, when it began shipping a
  • Defendant Gary J. Johnson has, since September of 1996, served as President, Chief Executive
  • Defendant Johnson's participation included the preparation of false and/or misleading press
  • Because of defendant Margulis' position, he knew or should have known the adverse non-public committees thereof and via reports and other information provided to him in connection therewith.
  • S3's Plan/Budgets were very detailed presentations of the corporation's operations and
  • These financial reports included a so-called "Flash" report prepared after the end of each
  • On October 17, 1996, based on information communicated to it by defendants, Hambrecht & Quist

  • 9 . COMPLAINT B

    EXTRACTED KEY WORDS
    ACT
    DEFENDANTS
    SECURITIES
    EXCHANGE
    CLASS ACTION
    JOHNSON
    REVENUE
    COMMON STOCK
    MEMBERS
    MISLEADING STATEMENTS
    CLASS PERIOD
    FINANCIALS
    MATERIAL FACTS
    MARKET PRICE
    MATERIALLY FALSE
    DISTRIBUTORS
    REVENUE RECOGNITION POLICY
    PUBLIC STATEMENTS
    STANLEY ZINBERG
    GARY JOHNSON
    INTER ALIA
    VIOLATIONS
    FEDERAL SECURITIES LAWS
    DISSEMINATION
    MISREPRESENTATIONS
    NET INCOME
    GROSSMAN PATRICK
    PERSONAL KNOWLEDGE
    MISLEADING STATEMENTS SET
    
    
    
    Joseph J. Tabacco, Jr. (75284)
    Nicole Lavallee (165755)
    BERMAN, DEVALERIO, PEASE &TABACCO
    425 California Street, Suite 2025
    San Francisco, CA 94104
    Telephone: (415) 433-3200
     Stanley M. Grossman
    Patrick V. Dahlstrom
    Michael A. Schwartz
    POMERANTZ HAUDEK BLOCK &GROSSMAN
    100 Park Avenue
    New York, NY 10017
    Telephone: (212) 661-1100
     Plaintiff's Counsel
    
    
                                         UNITED STATES DISTRICT COURT
    
                                   NORTHERN DISTRICT OF CALIFORNIA
    
                                               SAN JOSE DIVISION
    
    
    STANLEY ZINBERG, AS TRUSTEE OF )  Case No. [C-97-04079 MHP]
    THE STANLEY ZINBERG MD PC                          )  [filed Nov. 6, 1997]
    PROFIT SHARING TRUST,                              )
                                                       )  SECURITES FRAUD CLASS
                          Plaintiff,                   )  ACTION COMPLAINT
                                                       )
               vs.                                     )  JURY TRIAL DEMANDED
                                                       )
    S3 INCORPORATED, GARY JOHNSON )
    and WALTER AMARAL,                                 )
                                                       )
                          Defendants.                  )
    ___________________________________ )
    
    
    Plaintiff, individually and on behalf of all other persons similarly situated, by his
    undersigned attorneys, for his complaint, alleges 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
    
    
    
    
    
    SNIPPETS:
  • Stanley M. Grossman Patrick V. Dahlstrom Michael A. Schwartz
  • Plaintiff, individually and on behalf of all other persons similarly situated, by his
  • included, among other things, a review of the Securities and Exchange Commission filings and
  • Plaintiff, individually and on behalf of all other persons 1.
  • Plaintiff brings this action as a class action on behalf of himself and all other persons who
  • The materially false and misleading statements, which are described in detail below,
  • As a result of these false and misleading statements, the market price of the Company's
  • During the Class Period, defendants' fraudulently or recklessly inflated S3's earnings and
  • Defendants' improper recognition of revenue violated the Company's established revenue
  • The claims alleged herein arise under Sections 10and 20of the Securities Exchange Act of
  • Plaintiff Stanley Zinberg purchased 1,000 shares of S3 common stock during the Class Period
  • Defendant Gary Johnson was and had been at all relevant times the Company's Chief Executive
  • Defendants engaged in a common course of conduct for which they are jointly and severally
  • The members of the Class are located in geographically diverse areas and are so numerous that
  • Whether the challenged public statements disseminated to the investing public and to the
  • defendants made public misrepresentations or failed to disclose material facts during the
  • Net income for the quarter was $3.9 million, or $0.08 per share, compared to net income for
  • Defendants are liable for each of the fraudulently misleading statements set forth above in
  • the need to restate previously reported financials arises when the facts that necessitate the

  • 10 . CIVIL DOCKET FOR CASE 97-CV-4079

    EXTRACTED KEY WORDS
    LLM
    MANAGEMENT
    PLAINTIFF
    COUNSEL
    GBA
    MOTION
    PREJUDICE
    MANAGEMENT CONFERENCE
    JUDGE VAUGHN
    WALKER
    COURT
    DEFENDANT
    CLASS MEMBER
    MANAGEMENT STATEMENT
    CERTIFICATE
    C/R
    STANLEY ZINBERG
    DECLARATION
    RESPONSE
    DOCKET
    DISTRICT
    SUMMONS
    COMPLAINT
    REASSIGNMENT
    CLASS MEMBER STATE
    INVESTMENT
    PENDENCY
    PURSUANT
    SCHEDULING
    
    
    
    Docket as of July 1, 1998 [retrieved 4/22/99]
    
    Proceedings include all events.                                               TERMED
    RELATE
    3:97cv4079        Zinberg v. S3 Incorporated, et al
    
                                                                        TERMED
    RELATE
                               U.S. District Court
         U.S. District for the Northern District of California (S.F.)
    
                       CIVIL DOCKET FOR CASE #: 97-CV-4079
    
    Zinberg v. S3 Incorporated, et al                                   Filed:
    11/06/97
    Assigned to: Judge Vaughn R. Walker               Jury demand: Plaintiff
    Demand: $0,000                                    Nature of Suit: 850
    Lead Docket: 97-CV-4066                           Jurisdiction: Federal
    Question
    Dkt# in other court: None
    
    Cause: 15:78m(a) Securities Exchange Act
    
    [Litigants List]
    
    
    11/6/97 1            COMPLAINT Summons(es) issued; Fee status pd entered on
                         11/6/97 in the amount of $ 150.00 (Receipt No. 503929);
                         jury demand     [3:97-cv-04079] (gba) [Entry date
    11/20/97]
    
    11/6/97 2            ORDER RE COURT PROCEDURE and SCHEDULE by Chief Judge
                         Marilyn H. Patel : Proof of service to be filed by
    12/22/97
                         ; counsels' case management statement to be filed by
                         2/27/98 ; initial case management conference will be
    held
                         4:00 3/9/98 (cc: all counsel) (gba) [Entry date
    11/20/97]
                         [3:97cv4079]
    
    11/24/97 3           PROOF OF SERVICE by Plaintiff of complaint [1-1]
                         [3:97-cv-04079] (gba) [Entry date 12/11/97]
    [3:97cv4079]
    
    12/2/97 4            SERVICE by publication upon defendant S3 Incorporated,
    
    SNIPPETS:
  • Docket as of July 1,
  • U.S. District Court
  • U.S. District for the Northern District of California
  • initial case management conference will be held
  • 4:00 3/9/98 (gba) [Entry date
  • defendant Gary Johnson, defendant Walter Amaral on
  • on 11/17/97 of summons and complaint by serving Walter
  • proceedings pursuant to local rule 3-13
  • 12/5/97 8 PROOF OF SERVICE by Plaintiff of notice of pendency
  • Martin J. Jenkins (cc: all counsel)
  • 12/17/97 12 ORDER by Judge Vaughn R. Walker relating case 3:97-cv-4066
  • 12/17/97 13 CASE MANAGEMENT SCHEDULING ORDER AFTER REASSIGNMENT by
  • Judge Vaughn R. Walker: initial case management conference
  • 1/21/98 15 NOTICE OF APPEARANCE of Class Member State of WI Investment
  • (C/R JoAnn Bryce) INITIAL CASE MANAGEMENT
  • 4/21/98 18 SECOND JOINT CASE MANAGEMENT STATEMENT and PROPOSED
  • 4/28/98 19 JOINDER by Plaintiff Stanley Zinberg in 3:97-cv-04079 in
  • 4/28/98 20 CERTIFICATE OF SERVICE by Plaintiff of join/joinder
  • 4/29/98 21 NOTICE OF MOTION AND MOTION WITH MEMORANDUM OF POINTS AND
  • motion for voluntary dismissal without prejudice of related
  • 5/4/98 26 CERTIFICATE OF SERVICE by Plaintiff of declaration
  • 5/15/98 28 RESPONSE of Class Member State of WI Investment Board to

  • 11 . CIVIL DOCKET FOR CASE 97-CV-4066

    EXTRACTED KEY WORDS
    LLM
    MANAGEMENT
    COUNSEL
    MANAGEMENT CONFERENCE
    PREJUDICE
    PLAINTIFFS
    MOTION
    COURT
    WALKER
    MANAGEMENT STATEMENT
    JUDGE VAUGHN
    CLASS MEMBER
    DOCKET
    DISTRICT
    MCL
    C/R
    STIPULATION
    RESCHEDULING
    NAMED PLAINTIFFS
    SCHEDULE
    DICKINSON
    JOHN
    SWIB
    CLASS MEMBER STATE
    INVESTMENT
    JOANN BRYCE
    APPEARANCE
    ATTORNEY JOHN BUSCH
    PRO HAC VICE
    
    
    
    Docket as of July 1, 1998 [retrieved 4/22/99]
    
    Proceedings include all events.                                            TERMED
    RELATE
    3:97cv4066        Rudolph, et al v. S3 Incorporated, et al
    
                                                                     TERMED
    RELATE
                               U.S. District Court
          U.S. District for the Northern District of California (S.F.)
    
                       CIVIL DOCKET FOR CASE #: 97-CV-4066
    
    Rudolph, et al v. S3 Incorporated, et al                         Filed:
    11/05/97
    Assigned to: Judge Vaughn R. Walker               Jury demand: Plaintiff
    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
    
    [Litigants List]
    
    
    11/5/97 1            COMPLAINT Summons(es) issued; Fee status pd entered on
                         11/5/97 in the amount of $ 150.00 ( Receipt No.
    44606);
                         jury demand     [3:97-cv-04066] (mcl) [Entry date
    11/10/97]
    
    11/5/97 2            ORDER RE COURT PROCEDURE and SCHEDULE by Judge Vaughn
    R.
                         Walker : Proof of service to be filed by 12/22/97 ;
                         counsels' case management statement to be filed by
    2/24/98 ;
                          initial case management conference will be held 9:00
                         3/6/98 . (cc: all counsel) (mcl) [Entry date 11/10/97]
                         [3:97cv4066]
    
    11/5/97 3            NOTICE by Plaintiffs to preserve documents [3:97-cv-
    04066]
                         (mcl) [Entry date 11/10/97] [3:97cv4066]
    
    11/14/97 4           NOTICE OF PUBLICATION on 11/7/97 [3:97-cv-04066] (llm)
    
    SNIPPETS:
  • Docket as of July 1,
  • U.S. District Court
  • U.S. District for the Northern District of California
  • jury demand (mcl) [Entry date
  • Walker: Proof of service to be filed by 12/22/97;
  • initial case management conference will be held 9:00
  • (cc: all counsel)
  • C 97-4084 CW (llm)
  • Judge Vaughn R. Walker: initial case management conference
  • 11/28/97, Harry L. Dickinson on 12/8/97, Carmelo J. Santoro
  • SWIB is specifically requested to appear at the 1/22/98
  • 1/16/98 15 JOINT CASE MANAGEMENT STATEMENT filed.
  • 1/21/98 16 NOTICE OF APPEARANCE of Class Member State of WI Investment
  • (C/R JoAnn Bryce) INITIAL CASE MANAGEMENT
  • Class Member SWIB's motion for
  • attorney John Busch to appear pro hac vice - granted;
  • court to schedule a further case management conference.
  • 4/19/98 -- RECEIVED Order (Plaintiffs) re:
  • voluntary dismissal of action without prejudice
  • 3:97-cv-04066) rescheduling the case management conference.
  • 4/29/98 21 STIPULATION and ORDER by Judge Vaughn R. Walker:
  • named plaintiffs' motion for voluntary dismissal of action

  • 12 . CIVIL DOCKET FOR CASE 97-CV-4084

    EXTRACTED KEY WORDS
    COUNSEL
    MANAGEMENT CONFERENCE
    JUDGE
    LLM
    DOCKET
    DISTRICT
    JUDGE VAUGHN
    WALKER
    COURT
    SLH
    RELATING
    MEMBER
    REASSIGNMENT
    CALIFORNIA
    CIVIL DOCKET
    DKT
    SECURITIES EXCHANGE ACT
    AMOUNT
    JURY DEMAND
    CHARLES
    BREYER
    PREJUDICE
    PLAINTIFF
    MANAGEMENT SCHEDULING ORDER
    SWIB
    JUDGE WILKEN PRIOR
    APPEARANCE
    CLASS MEMBER STATE
    INVESTMENT
    
    
    
    Docket as of January 27, 1998 [retrieved 4/22/99]
    
    Proceedings include all events.                                               TERMED
    RELATE
    3:97cv4084        Sanchez, et al v. S3 Incorporated, et al
    
                                                                        TERMED
    RELATE
                               U.S. District Court
         U.S. District for the Northern District of California (S.F.)
    
                       CIVIL DOCKET FOR CASE #: 97-CV-4084
    
    Sanchez, et al v. S3 Incorporated, et al                            Filed:
    11/07/97
    Assigned to: Judge Vaughn R. Walker               Jury demand: Plaintiff
    Demand: $0,000                                    Nature of Suit: 850
    Lead Docket: 97-CV-4066                           Jurisdiction: Federal
    Question
    Dkt# in other court: None
    
    Cause: 15:78m(a) Securities Exchange Act
    
    [Litigants List]
    
    
    11/7/97 1            COMPLAINT: Summons(es) issued; Fee status pd entered on
                         11/7/97 in the amount of $ 150.00 (Receipt No. 503933);
                         jury demand     [4:97-cv-04084] (mh) [Entry date
    11/10/97]
                         [3:97cv4084]
    
    11/7/97 2            ORDER RE COURT PROCEDURE and SCHEDULE by Judge Claudia
                         Wilken : Proof of service to be filed by 12/22/97 ;
                         counsels' case management statement to be filed by
    3/3/98 ;
                         initial case management conference will be held 1:30
                         3/13/98 . (cc: all counsel) (mh) [Entry date 11/10/97]
                         [3:97cv4084]
    
    11/26/97 3           NOTICE by defendant S3 Incorporated of related case(s)
                         C-97-4079-MHP, C-97-4066-VRW [4:97-cv-04084] (cp)
                         [Entry date 12/01/97] [3:97cv4084]
    
    12/5/97 4            ORDER by Assignment Committee all status and case
                         management conference are vacated, Case assigned to
    
    SNIPPETS:
  • Docket as of January 27,
  • U.S. District Court
  • U.S. District for the Northern District of California
  • CIVIL DOCKET FOR CASE #:
  • Dkt# in other court: None
  • Cause: 15:78mSecurities Exchange Act
  • 11/7/97 in the amount of $ 150.00;
  • jury demand [Entry date
  • (cc: all counsel)
  • management conference are vacated, Case assigned to Judge
  • Charles R. Breyer (cc: all
  • by Plaintiff.
  • Judge Vaughn R. Walker
  • 12/17/97 7 CASE MANAGEMENT SCHEDULING ORDER AFTER REASSIGNMENT by
  • SWIB is specifically requested to appear at the 1/22/98
  • dismissal by Judge Wilken prior to order relating case to
  • 1/21/98 10 NOTICE OF APPEARANCE of Class Member State of WI Investment

  • 13 . LETTER FROM STATE OF WISCONSIN

    EXTRACTED KEY WORDS
    ESQ
    COURT
    VRW
    SECURITIES LITIGATION
    COUNSEL
    SETTLEMENT
    CONFERENCE
    ROBERT
    WISCONSIN
    WALKER
    DISTRICT
    JUDGE
    CALIFORNIA
    INVESTMENT
    LEAD PLAINTIFF
    EQUITY HOLDER
    REQUESTS
    COURT ORDER
    PARTIES
    FORMAL SUBMISSION
    RESERVES
    INTERVENTION
    PARTY
    SUBSEQUENT
    PARTICIPATION
    MONITORING
    FEES
    EXPENSES
    PAYMENT
    
    
    
    Michael Best & Friedrich, LLP
    Attorneys at Law
    100 East Wisconsin Avenue
    Milwaukee, Wisconsin 53202-4108
    Fax (414) 227-0656
    Telephone (414) 271-6560
    Writer's E-Mail Address:
    jabusch@mbf-law.com
    
    January 2, 1998
    
    Honorable Vaughn R. Walker
    United States District Judge
    Northern District of California
    450 Golden Gate
    P.O. Box 36060
    San Francisco, CA 94102
    
           Re: Rudolf v. S3, Inc.
                Case No. C-97-4066 VRW
    
                Zinberg v. S3, Inc.
                Case No. C-97-4079 VRW
    
                Sanchez v. S3, Inc.
                Case No. C-97-4084 VRW
    
    Dear Judge Walker:
    
    The undersigned represents the State of Wisconsin Investment Board ("SWIB") which
    purchased stock of S3, Inc. ("S3") during the class periods alleged in the above-
    referenced cases. SWIB currently holds approximately 7.6% of the outstanding shares of
    S3. As such, SWIB believes it is among the largest of S3's shareholders.
    
    SWIB writes this letter to advise the Court that it will not seek lead plaintiff status under
    the Private Securities Litigation Reform Act in any of the above-referenced matters. This
    decision was made after a series of discussions with some of the counsel in the above
    cases and after due consideration of SWIB's role as both a class member and a continuing
    equity holder. Notwithstanding this decision, SWIB is very interested in the course and
    the outcome of the cases. As this Court discussed at length in In re California Micro
    Devices Securities Litigation, 168 FRD 257 (N.D. Cal 1996), institutional investors in
    general and continuing equity holders in particular are keenly interested in the amount
    and the sources of any settlement or judgment.
    
    In light of the above, SWIB requests that pursuant to Rule 23(d) FRCP and the Court's
    inherent powers, the Court order that the parties copy SWIB's counsel with all the
    
    SNIPPETS:
  • Honorable Vaughn R. Walker
  • United States District Judge Northern District of California
  • Case No. C-97-4066 VRW
  • The undersigned represents the State of Wisconsin Investment Board which purchased stock of
  • SWIB currently holds approximately 7.6% of the outstanding shares of S3.
  • SWIB writes this letter to advise the Court that it will not seek lead plaintiff status under
  • This decision was made after a series of discussions with some of the counsel in the above
  • As this Court discussed at length in In re California Micro Devices Securities Litigation,
  • institutional investors in general and continuing equity holders in particular are keenly
  • In light of the above, SWIB requests that pursuant to Rule 23FRCP and the Court's inherent
  • SWIB that the Court order that it be included in any settlement negotiations so that SWIB's
  • SWIB also reserves the right to seek intervention in the litigation as a party in interest at
  • In the event SWIB's participation or monitoring provides a benefit to the class SWIB may
  • If the Court deems it appropriate, SWIB will appear in person or by telephone at that
  • Robert Roseman, Esq.
  •    |