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COGNOS CLASS ACTION LITIGATION Click to find out why . . .



Keywords & Phrases
CaseNo: CCAL157215, CourtName: CLASS ACTION CASES, State: TX Texas, UniqueCaseRef: LCD>CCAL157215, Dark Fiber, Caprock, Stock, Secondary Offering, Fiber Network, Shares, Caprock Communications, Customers, Carrier, Mcaleer, Class Action, Revenue, Cyr, Demand, Southwest, United States, Executive Officer, Purchased Shares, Federal Securities Laws, Irus, Consolidating, Construction, Individual Defendants, Integrated Services, Irus Sold, Projections, Vdf, Long-haul Fiber Network, Scalable Long-haul Fiber, Acquired Caprock, Caprock Communications Corporation, Civil Action, Entry , ContentID: 120249578

Case Documents
1   COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 122157
25 pages
HTML
2 2000-06-30 DOCKET
[ see first page and extracted highlights below  ] ItemID: 122158
3 pages
HTML
Total Documents: 2 documents , 28 pages
Price: $ 24.95


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1 . COMPLAINT

EXTRACTED KEY WORDS
DARK FIBER
CAPROCK
STOCK
SECONDARY OFFERING
FIBER NETWORK
SHARES
CAPROCK COMMUNICATIONS
CUSTOMERS
CARRIER
CLASS ACTION
MCALEER
REVENUE
SOUTHWEST
DEMAND
CYR
UNITED STATES
EXECUTIVE OFFICER
PURCHASED SHARES
FEDERAL SECURITIES LAWS
IRUS
CONSTRUCTION
INDIVIDUAL DEFENDANTS
INTEGRATED SERVICES
IRUS SOLD
PROJECTIONS
LONG-HAUL FIBER NETWORK
SCALABLE LONG-HAUL FIBER
ACQUIRED CAPROCK
CAPROCK COMMUNICATIONS CORPORATION



                        UNITED STATES DISTRICT COURT

                        NORTHERN DISTRICT OF TEXAS

                              DALLAS DIVISION

   _____________________________________________

   HECTOR ALFARO, On Behalf of
   Himself and All Others Similarly
   Situated,

                           Plaintiff,

       vs.

   CAPROCK COMMUNICATIONS
   CORPORATION, LEO J. CYR, JERE
   W. THOMPSON, JR. and KEVIN W.
   McALEER,

                           Defendants.
   _____________________________________________


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   Civil Action No.

   CLASS ACTION COMPLAINT
SNIPPETS:
  • CLASS ACTION COMPLAINT FOR VIOLATION OF THE FEDERAL SECURITIES LAWS
  • DEMAND FOR JURY TRIAL
  • This is an action on behalf of those who purchased or otherwise acquired CapRock
  • CapRock owns and operates a scalable long-haul fiber network.
  • The Company's fiber network supports the voice, data, bandwidth, and dark fiber services
  • CapRock's network is located throughout the Southwestern region of the United States.
  • Defendants' false and misleading statements concerning the revenues to be derived from its
  • This upsurge in CapRock's stock price caused by defendants' false and misleading statements
  • On July 6, 2000, days after CapRock's Secondary Offering was completed, CapRock revealed that
  • Plaintiff Hector Alfaro purchased shares of CapRock common stock as described in the attached
  • Defendant Leo J. Cyr was, during the Class Period, President and Chief Operating Officer of
  • was, during the Class Period, Chairman of the Board and Chief Executive Officer of the
  • Defendant Kevin W. McAleer was, during the Class Period, Chief Financial Officer of the
  • The Individual Defendants, by reason of their stock ownership and positions with CapRock,
  • CapRock describes itself as a leading facilities-based integrated communications service
  • CapRock's future construction program carried a significant price tag.
  • By April 24, 2000, CapRock's shares continued to succumb to selling pressure associated with
  • We announced plans to extend our network to 7,500 miles by the end of 2001, to build 30
  • This increase was attributable to increases of 125% in carriers' carrier, 116% in integrated
  • The 125% increase resulted primarily from the sale of IRUs and dark fiber leases.
  • Revenues are recognized immediately on IRUs sold from available fiber on completed network
  • This is a class action on behalf of those who purchased or otherwise acquired CapRock stock

  • 2 . DOCKET

    EXTRACTED KEY WORDS
    VDF
    DEFENDANT
    CIVIL ACTION
    ENTRY
    CONSOLIDATED PLAINTIFF
    JUDGE
    ORDER CONSOLIDATING
    BUCHMEYER
    COUNSEL
    REFERENCE MATTER
    DOCKET
    FUTURE PLEADINGS
    ISSUED-4
    MCALEER
    KEVIN
    THOMPSON
    JERE
    CYR
    LEO
    CAPROCK
    HECTOR ALFARO
    DEMAND
    JURY
    ASSIGNMENT
    COURT
    DISTRICT
    CONSOLIDATED LEAD
    SPECIFICS
    JUDGE PAUL STICKNEY
    
    Case docket was last updated on: 09/06/00.
    
    
    Docket as of September 6, 2000 5:11 pm               Page 1
    
    Proceedings include all events.                                   M-STI
    3:00cv1613 Alfaro, et al v. Caprock Comm, et al                          LEAD
                                                                             JURY
                                                                M-STI  LEAD
                                                                JURY
                           U.S. District Court
                   Northern District of Texas (Dallas)
    
                   CIVIL DOCKET FOR CASE #: 00-CV-1613
    
    Alfaro, et al v. Caprock Comm, et al                        Filed: 07/26/00
    Assigned to: Chief Judge Jerry Buchmeyer     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
    
    
    HECTOR ALFARO, On behalf of       Marc R Stanley, Attorney at Law
    himself and all others            214/443-0358 FAX
    similarly situated                (COR LD NTC ret)
         plaintiff                    Stanley Mandel & Iola
                                      3100 Monticello Ave
                                      Suite 750
                                      Dallas, TX 75205
                                      USA
                                      214/443-4300
    
    
    ANGELA AMOS, On behalf of         Thomas E Bilek, Attorney at Law
    herself and all others            713/227-9404 FAX
    similarly situated                (COR LD NTC ret)
         consolidated plaintiff       Hoeffner Bilek & Eidman
                                      440 Louisiana
                                      Suite 720
                                      Houston, TX 77002-1634
                                      USA
                                      713/227-7720
    
    
    TERESA A CICALA                   Marc R Stanley, Attorney at Law
         consolidated plaintiff       (See above)
    
    SNIPPETS:
  • Case docket was last updated on:
  • U.S. District Court
  • Northern District of Texas
  • Assigned to: Chief Judge Jerry Buchmeyer Jury demand: Plaintiff
  • HECTOR ALFARO, On behalf of Marc R Stanley, Attorney at Law
  • consolidated plaintiff Hoeffner Bilek & Eidman
  • CAPROCK COMMUNICATIONS CORP
  • KEVIN W MCALEER
  • defendant Leo J Cyr, defendant Jere W Thompson Jr, Kevin W
  • McAleer (Issued-4) (vdf) (Entry date 07/27/00)
  • 7/26/00 -- PRELIMINARY ASSIGNMENT TO Magistrate Judge Paul Stickney
  • 8/28/00 3 ORDER consolidating cases...The above referenced case is
  • CONSOLIDATED with civil action number 3:00-CV-1730-R and
  • (See order for specifics)
  • 8/28/00 -- Consolidated Lead Case
  • 9/6/00 4 ORDER consolidating cases..The above reference matter is
  • All future pleadings shall be filed
  • Buchmeyer) Copies to counsel: 09/06/00 Page1
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