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CIENA CORPORATION CLASS ACTION LITIGATION Click to find out why . . .



Keywords & Phrases
CaseNo: CCCAL213896, CourtName: CLASS ACTION CASES, State: MA Massachusetts, UniqueCaseRef: LCD>CCCAL213896, Carematrix, Gosman, Report, Exchange Act, Class Action, Facilities, Chancellor, Development Fees, Common Stock, Securities, Misleading, Violation, Kaufman, Revenues, Class Period, Materially False, Management, Related Party, Construction, Allegations, Entry, Michael Gosman, Chancellor Entities, Joseph, Chief Executive Officer, Senior Management, Frederick Leathers, Andrew Gosman, Misrepresentations, Receivables, Mark Cummings, Lawrence, Ciena Corporation, Alexander, Georgatos, Seidman, Rebecca , ContentID: 120249564

Case Documents
1   COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 122073
31 pages
HTML
2 1998-10-08 DOCKET B 2
[ see first page and extracted highlights below  ] ItemID: 122075
3 pages
TXT
3 1998-10-06 DOCKET A
[ see first page and extracted highlights below  ] ItemID: 122074
8 pages
TXT
4 1998-10-05 DOCKET B
[ see first page and extracted highlights below  ] ItemID: 122076
3 pages
TXT
Total Documents: 4 documents , 45 pages
Price: $ 34.95


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1 . COMPLAINT

EXTRACTED KEY WORDS
CAREMATRIX
GOSMAN
PLAINTIFF
REPORT
EXCHANGE ACT
CLASS ACTION
FACILITIES
CHANCELLOR
DEVELOPMENT FEES
COMMON STOCK
SECURITIES
MISLEADING
VIOLATION
KAUFMAN
REVENUES
CLASS PERIOD
MATERIALLY FALSE
MANAGEMENT
RELATED PARTY
CONSTRUCTION
ALLEGATIONS
MICHAEL GOSMAN
CHANCELLOR ENTITIES
CHIEF EXECUTIVE OFFICER
SENIOR MANAGEMENT
FREDERICK LEATHERS
ANDREW GOSMAN
MISREPRESENTATIONS
RECEIVABLES
                        UNITED STATES DISTRICT COURT

                         DISTRICT OF MASSACHUSETTS


   _____________________________________________

   MICHAEL E. GLASS On Behalf of Himself and All Others Similarly
   Situated,

   Plaintiff,

   v.

   CAREMATRIX CORP., ABRAHAM D. GOSMAN, ANDREW GOSMAN, ROBERT KAUFMAN,
   FREDERICK LEATHERS and MICHAEL GOSMAN,

   Defendants.

   _____________________________________________

   )

   )

   )

   )

   )

   )

   )

   )

   No.

   CLASS ACTION

   COMPLAINT FOR VIOLATION OF THE SECURITIES EXCHANGE ACT OF 1934

   Plaintiff Demands A

   Trial By Jury

   Plaintiff, individually and on behalf of all persons similarly
SNIPPETS:
  • CAREMATRIX CORP., ABRAHAM D. GOSMAN, ANDREW GOSMAN, ROBERT KAUFMAN,
  • FREDERICK LEATHERS and MICHAEL GOSMAN,
  • COMPLAINT FOR VIOLATION OF THE SECURITIES EXCHANGE ACT OF 1934
  • Plaintiff Demands A
  • Plaintiff, individually and on behalf of all persons similarly situated, by his undersigned
  • Plaintiff believes that further substantial evidentiary support will exist for the
  • Plaintiff brings this action as a class action on behalf of himself and all persons or
  • During the Class Period, defendants engaged in a scheme and course of conduct, in violation
  • Plaintiff Michael E. Glass purchased CareMatrix common stock during the Class Period, as set
  • CareMatrix develops, manages, and operates assisted living facilities and various other
  • Gosman") has served as the Company's Chairman of the Board of Directors since October 1996,
  • A. Gosman and certain members of the Company's senior management are the primary owners of
  • A. Gosman is the father of Andrew Gosman and Michael Gosman.
  • Defendant Robert Kaufman was, until April 15, 1999, when he resigned from the Company, Chief
  • The Individual Defendants participated in the drafting, preparation, and/or approval of the
  • the market prices of CareMatrix common stock during the Class Period were artificially
  • The Company's operations, revenues, growth, and earnings were inexorably intertwined with the
  • Thereafter, CareMatrix and Chancellor would enter into a development contract, which
  • defendants artificially inflated and manipulated the Company's earnings through the improper
  • The revenues recognized from the related party "development fees" were material to the
  • In the research report, the analysts supported the rating and earnings estimates by
  • The balance of the related party receivable relates to amounts due from Chancellor for

  • 2 . DOCKET B 2

    EXTRACTED KEY WORDS
    JOSEPH
    CIENA CORPORATION
    ANTONIO DIMAGGIO
    DOCKET
    ENTRY
    GEORGATOS
    SEIDMAN
    REBECCA
    PETRIK
    ANDREW
    ALEXANDER
    MARK CUMMINGS
    CHINNICI
    HUANG
    LAWRENCE
    STEVE CHADDICK
    ZAK
    MICHAEL
    NETTLES
    PATRICK
    DEMAND
    JURY
    COURT
    DISTRICT
    FILING FEE
    ATTACHMENTS
    ISBISTER
    JOHN
    SECURITIES EXCHANGE ACT
    
    
    Docket as of October 8, 1998 (retrieved 10/8/98)
    
    Proceedings include all events.
    1:98cv3363    DiMaggio v. Ciena Corporation, et al
    
                           U.S. District Court
                    District of Maryland (Baltimore)
    
                   CIVIL DOCKET FOR CASE #: 98-CV-3363
    
    DiMaggio v. Ciena Corporation, et al                        Filed: 10/06/98
    Assigned to: Sr. Judge Joseph H. Young       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
    
    
    ANTONIO DIMAGGIO, On Behalf of    John B. Isbister
    Himself and All Others            (COR LD NTC)
    Similarly Situated                Tydings and Rosenberg
         plaintiff                    100 East Pratt Street
                                      Suite - 26th Floor
                                      Baltimore, MD 21202
                                      City
                                      (410) 752-9714
    
                                      Leonard Barrack
                                      (COR NTC)
                                      Barrack, Rodos & Bacine
                                      N/A
                                      2001 Market Street
                                      3300 Two Commerce Square
                                      Philadelphia, Pa 19103
                                      none
                                      1/215/963-0600
    
    
       v.
    
    
    CIENA CORPORATION
         defendant
    
    
    PATRICK H. NETTLES
    
    SNIPPETS:
  • Docket as of October 8,
  • 1:98cv3363 DiMaggio v. Ciena Corporation,
  • U.S. District Court
  • District of Maryland
  • Judge Joseph H. Young Jury demand:
  • Cause: 15:78mSecurities Exchange Act
  • ANTONIO DIMAGGIO, On Behalf of John B. Isbister
  • ERIC G. GEORGATOS
  • 10/6/98 1 COMPLAINT filed with attachments; FILING FEE $ 150.00
  • RECEIPT # 152785 (Entry date 10/08/98)
  • 10/8/98 2 SUMMONS30 days issued for Ciena Corporation, Patrick
  • H. Nettles, Michael J. Zak, Steve Chaddick, Lawrence P.
  • Huang, Joseph R. Chinnici, Mark Cummings, Stephen B.
  • Alexander, Andrew C. Petrik, Rebecca K. Seidman and Eric G.

  • 3 . DOCKET A

    EXTRACTED KEY WORDS
    JOSEPH
    MOTION
    MARK CUMMINGS
    LAWRENCE
    COMPLAINT
    CIENA CORPORATION
    HAC VICE
    PRO HAC VICE
    DEFENDANTS
    GEORGATOS
    SEIDMAN
    REBECCA
    PETRIK
    ANDREW
    ALEXANDER
    CHINNICI
    HUANG
    STEVE CHADDICK
    ZAK
    MICHAEL
    NETTLES
    PATRICK
    PLAINTIFFS
    JUDGE JOSEPH
    C/M
    ORDER GRANTING
    CHING
    BARBARA WITKIN
    PAID RECEIPT
    
    
    Docket as of October 6, 1998 (retrieved 10/8/98)
    
    Proceedings include all events.
    1:98cv2946    Witkin, et al v. Ciena Corporation, et al
    
                           U.S. District Court
                    District of Maryland (Baltimore)
    
                   CIVIL DOCKET FOR CASE #: 98-CV-2946
    
    Witkin, et al v. Ciena Corporation, et al                   Filed: 08/26/98
    Assigned to: Sr. Judge Joseph H. Young       Jury demand: Plaintiff
    Demand: $0,000                               Nature of Suit:  850
    Lead Docket: None                            Jurisdiction: Federal Question
    Dkt# in other court: None
    
    Cause: 28:1331 Fed. Question: Securities Violation
    
    
    BARBARA WITKIN                    Robert W. Brownlie
         plaintiff                    16192361048
                                      (COR)
                                      Gray Cary Ware & Friedenrich,
                                      LLP
                                      PH
                                      401 B Street
                                      Suite 1700
                                      San Diego, CA 92101
                                      none
                                      619/699-2700
    
    
    CHING WU, Individually and on     John B. Isbister
    behalf of all others similarly    (COR LD NTC)
    situated                          Tydings & Rosenberg LLP
         plaintiff                    100 East Pratt Street
                                      26th Floor
                                      Baltimore, Md 21202
                                      City
                                      (410) 752-9714
    
                                      Steven G. Schulman
                                      (COR NTC)
                                      Milberg, Weiss, et al
                                      N/A
                                      One Pennsylvania Plaza
                                      Suite - 49th Floor
    
    SNIPPETS:
  • Judge Joseph H. Young Jury demand:
  • CHING WU, Individually and on John B. Isbister behalf of all others similarly
  • RECEIPT # B151976 (Entry date 08/27/98)
  • 8/27/98 2 SUMMONSdays issued for Ciena Corporation, Patrick
  • H. Nettles, Michael J. Zak, Steve Chaddick, Lawrence P.
  • Huang, Joseph R. Chinnici, Mark Cummings, Stephen B.
  • Alexander, Andrew C. Petrik, Rebecca K. Seidman and Eric G.
  • 9/3/98 3 RETURN OF SERVICE executed as to Stephen B. Alexander
  • 9/3/98 3 RETURN OF SERVICE executed as to Ciena Corporation, Michael
  • Georgatos 8/28/98; Answer due on 9/17/98 for Eric G.
  • 9/29/98 4 AMENDED CLASS ACTION COMPLAINT by Ching Wu, Barbara Witkin
  • 9/29/98 5 STIPULATION AND ORDER "EXTENDING" time for defendants to
  • complaint until the court appoints lead Plaintiffs and Lead
  • any defendant files a motion to dismiss the amended
  • 9/29/98 6 ORDER granting motion of Defendants for Mark H. Hamer
  • to Appear Pro Hac Vice.
  • Young 9/29/98) (c/m 10/5/98-dl)
  • 10/5/98-dl)(fee paid receipt no. B152627)

  • 4 . DOCKET B

    EXTRACTED KEY WORDS
    ENTRY
    PLAINTIFF
    ALEXANDER
    JOSEPH
    CIENA CORPORATION
    DOCKET
    GEORGATOS
    SEIDMAN
    REBECCA
    PETRIK
    ANDREW
    MARK CUMMINGS
    CHINNICI
    LAWRENCE
    STEVEN CHADDICK
    ZAK
    MICHAEL
    NETTLES
    PATRICK
    DEMAND
    JURY
    COURT
    DISTRICT
    FAEGENBURG
    SUMMONS
    ISSUANCE
    PLAINTIFFS REQUEST
    FILING FEE
    ATTACHMENTS
    
    
    Docket as of October 5, 1998 (retrieved 10/8/98)
    
    Proceedings include all events.
    1:98cv3182    Faegenburg, et al v. Ciena Corporation, et al
    
                           U.S. District Court
                    District of Maryland (Baltimore)
    
                   CIVIL DOCKET FOR CASE #: 98-CV-3182
    
    Faegenburg, et al v. Ciena Corporation, et al               Filed: 09/18/98
    Assigned to: Sr. Judge Joseph H. Young       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
    
    
    GLENN FAEGENBURG
         plaintiff
    
    
    DAVID S. FRANK, Individually      Charles J. Piven
    And On Behalf Of All Others       4106851300
    Similarly Situated                (COR LD NTC)
         plaintiff                    Law Office
                                      111 South Calvert Street
                                      The Legg Mason Tower - Suite
                                      2700
                                      Baltimore, MD 21202
                                      410-332-0030
    
    
       v.
    
    
    CIENA CORPORATION
         defendant
    
    
    PATRICK H. NETTLES
         defendant
    
    
    MICHAEL J. ZAK
         defendant
    
    SNIPPETS:
  • Docket as of October 5,
  • 1:98cv3182 Faegenburg, et al v. Ciena Corporation, et al
  • U.S. District Court
  • District of Maryland
  • Judge Joseph H. Young Jury demand: Plaintiff
  • GLENN FAEGENBURG
  • 9/18/98 1 COMPLAINT filed with attachments; FILING FEE $ 150.00
  • RECEIPT # 152484 (Entry date 09/22/98)
  • 9/22/98 2 SUMMONS20 days issued for Ciena Corporation, Patrick
  • H. Nettles, Michael J. Zak, Steven Chaddick, Lawrence P.
  • Joseph R. Chinnici, Mark Cummings, Andrew C. Petrik,
  • Rebecca K. Seidman and Eric G. Georgatos
  • 10/2/98 3 Plaintiffs request for issuance of Summons on defendant,
  • Stephen B. Alexander
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