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DOCKET
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EXTRACTED KEY WORDS
JUDGE CLARENCE ENTRY MINES COEUR QUEEN UNO MOTION BRIMMER SABALA JAMES PLAINTIFF QUEEN UNO SILVIEW INVESTMENTS COURT COUNSEL MAGISTRATE JUDGE PATRICIA COAN GRANTING MOTION RESPONSE DEFENDANT DENNIS COMPLAINT CONF SET DOUGLAS GIEDT PLAINTIFF DOUGLAS CLASS ACTION SETTLEMENT CLASS ACTION CHANGE VENUE JURY DEMAND YOUNG LLP DEFENDANT ERNST SETTING HEARING |
Case docket was last updated on: 10/26/99.
Docket as of October 26, 1999 7:06 pm Page 1
Proceedings include all events. TERMED
1:97cv1431 Queen Uno Ltd Part, et al v. Coeur d'Alene Mines, et al
TERMED
U.S. District Court
U.S. District Court for the District of Colorado (Denver)
CIVIL DOCKET FOR CASE #: 97-CV-1431
Queen Uno Ltd Part, et al v. Coeur d'Alene Mines, et al Filed: 07/02/97
Assigned to: Judge Clarence A. Brimmer Jury demand: Both
Demand: $0,000 Nature of Suit: 850
Lead Docket: None Jurisdiction: Federal Question
Dkt # in USDC Dist CO : is 96-WM-1680
Cause: 15:78m(a) Securities Exchange Act
QUEEN UNO LTD. PARTNERSHIP, On William S. Lerach
Behalf of Itself and On Behalf (COR LD NTC)
of All Others Similarly Milberg Weiss Bershad Hynes &
Situated Lerach LLP
plaintiff 600 West Broadway
#1800
San Diego, CA 92101
U.S.A.
619-231-1058
Robert J. Dyer, III
(COR LD NTC)
Dyer, Donnelly
801 East 17th Avenue
Denver, CO 80218-1417
USA
303-861-3003
FTS 830-6920
DOUGLAS GIEDT Alan Schulman
plaintiff (COR LD NTC)
Milberg Weiss Bershad Hynes &
Lerach LLP
600 West Broadway
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ORDER
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EXTRACTED KEY WORDS
PLAINTIFFS COEUR DEFENDANTS COURT MOTION ALLEGATIONS REFORM ACT SUPP COLORADO ERNST DISTRICT DISMISS FACTS GOLDEN CROSS STOCK GOLD SECURITIES LITIGATION SECOND CIRCUIT SUFFERED SIGNIFICANT LOSSES PRODUCTION MINING PROPERTIES PARTICULARITY MISLEADING FINANCIAL STATEMENTS PLEADING REQUIREMENTS FRAUDULENT INVESTMENT UNITED STATES REQUIRED STATE FRAUDULENT SCHEME |
UNITED STATES DISTRICT COURT
DISTRICT OF COLORADO
QUEEN UNO LTD. PARTNERSHIP,
DOUGLAS GIEDT, DAVID F. FROMLET,
and SILVIEW INVESTMENTS LIMITED,
on behalf of themselves and on behalf
of all others similarly situated,
Plaintiffs,
v.
COEUR D'ALENE MINES CORPORATION,
DENNIS WHEELER, JAMES A. SABALA,
and ERNST & YOUNG LLP,
Defendants.
______________________________________
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Civil Action No. 97-WY-1431-CB
(filed Apr. 13, 1998)
ORDER ON MOTION
TO TRANSFER AND
MOTIONS TO DISMISS
This matter is before the Court on Defendants Coeur D'Alene Mines
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COMPLAINT
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EXTRACTED KEY WORDS
DEFENDANTS GOLDEN CROSS WHEELER GOLD PRODUCTION CLASS PERIOD SABALA SECURITIES CASH FLOW OUNCES TAILINGS DAM MINES COMMON STOCK COSTS COMMERCIAL PRODUCTION REMEDIATION EXPENDITURES EXCHANGE ACT CONSTRUCTION OPERATING COSTS BACKUP TAILINGS DAMS BALANCE SHEET PROFITABILITY MISLEADING FORESEEABLE FUTURE NET INCOME GROUND INSTABILITY INVESTMENT TAILINGS IMPOUNDMENT CONVERTIBLE SUBORDINATED DEBENTURES |
UNITED STATES DISTRICT COURT
DISTRICT OF COLORADO
Civil Action No. 97-WM-1431
QUEEN UNO LTD. PARTNERSHIP, On Behalf of Itself and On Behalf of All
Others Similarly Situated,
Plaintiff,
vs.
COEUR D'ALENE MINES CORPORATION, DENNIS E. WHEELER, JAMES A. SABALA
and ERNST & YOUNG LLP,
Defendants,
___________________________________________________________________
CLASS ACTION COMPLAINT FOR VIOLATION OF
THE SECURITIES EXCHANGE ACT OF 1934 AND JURY DEMAND
___________________________________________________________________
SUMMARY OF ACTION
1. This is a class action on behalf of all persons who purchased the
publicly traded equity and debt securities of Coeur d'Alene Mines
Corporation ("Coeur d'Alene" or the "Company") between Jan. 9, 1995
and July 11, 1996 (the "Class Period"), seeking to remedy violations
of the federal securities laws by Coeur d'Alene, its CEO and Chairman
Dennis Wheeler ("Wheeler"), its CFO James Sabala ("Sabala")
(collectively the "Coeur d'Alene Defendants") and Ernst & Young LLP
("Ernst & Young" or "E&Y"), Coeur d'Alene's outside auditors. During
the Class Period, the defendants artificially inflated the price of
Coeur d'Alene's publicly traded equity and debt securities ("Publicly
Traded Securities") by representing that Coeur d'Alene: (i) was
achieving improving financial results by reducing its losses during
1994 and reaching profitability during 1995; (ii) was strengthening
its balance sheet by increasing its assets; (iii) was operating its
Golden Cross gold mine in New Zealand (the "Golden Cross") at a lower
cost per ounce of gold produced than in prior years and would achieve
gold production at Golden Cross in 1996 of about 77,000 ounces; (iv)
was completing its new Fachinal mine in Chile, on time and under
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