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IN RE COMPTRONIX CORP SECURITIES LITIGATION Click to find out why . . .



Keywords & Phrases
CaseNo: C62237, CourtName: CLASS ACTION CASES, State: AL Alabama, UniqueCaseRef: LCD>C62237, Comptronix, Shares, Class Period, Debenture, Common Stock, Wexler, Miller, Kpmg Peat Marwick, Hebding, William, Comptronix Corporation, Accounting, Payment, Equipment, Weltman, Stewart, Cafferty, Miller Faucher Chertow, Miller Kenneth, Marvin, Rediker, Ritchie, Donaldson, David, Common, Equity, True Market Information, Stock, District, Creation, Making Payment, Paper Trail, Annual Revenues, Firm, Massey Burch, Prior, Test Equipment, Thereof, Market, Committee, Sale, Ritch, Joe, Kimsey , ContentID: 120249587

Case Documents
1   CONSOLIDATED AMENDED COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 122201
55 pages
PDF
2 1992-11-27 COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 122200
13 pages
PDF
Total Documents: 2 documents , 68 pages
Price: $ 24.95


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1 . CONSOLIDATED AMENDED COMPLAINT

EXTRACTED KEY WORDS
SHARES
CLASS PERIOD
DEBENTURE
COMMON STOCK
ACCOUNTING
PAYMENT
EQUIPMENT
CREATION
MAKING PAYMENT
PAPER TRAIL
ANNUAL REVENUES
FIRM
MASSEY BURCH
PRIOR
TEST EQUIPMENT
THEREOF
MARKET
COMMITTEE
SALE
DEFENDANTS
PLAINTIFFS
RITCH
JOE
KIMSEY
7                                                                        h
      ' "'
              c LQ
      /
                                                                                                   
              2
                                          IN  THE  UNITED  STATES  DISTRICT  COURT  FOR'THE
                                                      NORTHERN  DISTRICT  OF  ALABAMA              
                                                                       MIDDLE  DIVISION
       0                                                                                           
 3
                                                                                                   
               --------II----------------------                                  x
               IN  RI?:  COMPTRONIX                                               :                
.-
               SECURITIES  LITIGATION                                            :                 
,-,a a, 3
               --------------------------------x                                                   
               NORMAN  W.  HARRIS,  JR.,  as                                     :
               Trustee           for  the  R.L.  and  J.J.                       :
               Pockman  Charitable                    Remainder                  :
               Trust,          suing  on  behalf                of               :
               himself           and  all  others                                :                 
               similarly            situated,                                    : :
                                               Plaintiffs,                       . . . .
                                    VS.                                          : :
               COMPTRONIX  CORPORATION;                                         :
             WILLIAM  J.  HEBDING;  ALLEN                                       :
             L.  SHIFFLETT;                  J.  PAUL  MEDLIN;                  :
             RICHARD  F.  ADLER;  E.  TOWNES                                    :
             DUNCAN;  KERN  M.  HUGHES;  JIMMY                                  :
             R.  KIMSEY;  JOE  H.  RITCH;  THE
             HOME  BANE;  W.  L.  MATTHEWS,  JR;                                I
             BASS,  BERRY  &  SIMS;                                             :
                    SEY  BURCH  INVESTMENT  GROUP,                              :
                       ;  KPMG  PEAT  MARWICK;                                  :
             9
             T         ROBINSON-HUMPHREY  COMPANY,  :
             INC.;          MORGAN  KEEGAH  &  COMPANY;                         :
             AND  STEPHENS,  INC.,                                              : :
                                               Defendants.                      :
             """""""-'----------------X

                                     CONSOLIDATED  AMENDED  CLASS  ACTION  COMPLAINT
                          Plaintiffs,             by  their            undersigned                
               .onsolidated                 Amended  Class  Action                          
             ind  as  representatives                          of  those  similarly                
               nowledge            as  to  themselves                   and  their              
               nfonnation                 and  belief          as  to  all  other  matters,        
SNIPPETS:
  • R. KIMSEY; JOE H. RITCH; THE
  • Plaintiffs
  • 1992 at 101.00 per debenture;
  • shares on March 11, 1992 at $6 per share and 300 shares on July
  • Defendants
  • Class Period, Shifflett beneficially owned as much as 433,496
  • for the sale by the Company of 1,625,OOO shares of common stock
  • l Committee of the Board from 1991 through the end
  • $6.25 per share and in July 1992, 135,000 shares of Comptronix
  • market.
  • thereof.
  • and test equipment.
  • Prior to the time Comptronix went public, Massey Burch
  • a subcontracting work previously performed by Comptronix to a firm
  • its annual revenues.
  • At about the same time as the fictitious equipment
  • a extensive paper trail that did not exist for these fictitious
  • e making payment.
  • Upon receipt of payment, the accounting
  • e with, or only two or three days after, creation of the account

  • 2 . COMPLAINT

    EXTRACTED KEY WORDS
    WEXLER
    MILLER
    KPMG PEAT MARWICK
    HEBDING
    WILLIAM
    COMPTRONIX CORPORATION
    WELTMAN
    STEWART
    CAFFERTY
    MILLER FAUCHER CHERTOW
    MILLER KENNETH
    MARVIN
    REDIKER
    RITCHIE
    DONALDSON
    DAVID
    COMMON
    EQUITY
    TRUE MARKET INFORMATION
    STOCK
    DEFENDANTS
    DISTRICT
    
    >'            + *-
    t 1           .                                                                                    
                                                                                                       
    -)
                                                               IN  THE  UNITED  STATES  DISTRICT  COURT
      1                                                                FOR  THE  DISTRICT  OF  ALABAMA 
                           STEWART  COHEN,  individually                                    and        
                           on  behalf               of  all  others              similarly             
                           situated,
                                                                Plaintiff,
                                      V.
    
                           COMPTRONIX  CORPORATION,
                           WILLIAM  J.  HEBDING,  ALLEN
                           L.  SHIFFLETT,                    J.  PAUL  MEDLIN,
                           and  KPMG  PEAT  MARWICK,
                                                                Defendants.
    
                                                                               CLASS  ACTION  COMPLAINT
                                      l  ,
                                      Plaintiff,                  Stewart        Cohen,  by  and 
      brings
                           this        action              as  a  class          action        
                           Rules  of  Civil                     Procedure            and  in  support, 
                                                                                       INTRODUCTION
                                      1.            Plaintiff            brings        this  action    
    ss
                           action              on  behalf         0;  all  persons,                
    cers
                           and  directors                      of  Comptronix                 
               the
                           defendants                 have  any  interest,                          and
                           families               of  the  individual                   defendants     
    ise
                           acquired               the  common  stock  of  Comptronix                   
    
                           between               November             26,  1989  and  November         
           "Class
                           Period").                 During  the  Class  Period,                       
                           Comptronix                 as  part           of  a  scheme  to  defraud,   
                of
                           materially                false         and  misleading                 
    's
                           business,                finances,             actual         sales         
    aling
                           adverse               facts         necessary            to  make  the 
            :
    -..                                                                                             1
    
    
    SNIPPETS:
  • COMPTRONIX CORPORATION,
  • and KPMG PEAT MARWICK,
  • this district.
  • DEFENDANTS
  • stock would be based upon true market information.
  • Equity.
  • common to the Class are:
  • David R. Donaldson
  • RITCHIE & REDIKER,
  • Marvin A. Miller Kenneth A. Wexler
  • MILLER FAUCHER CHERTOW
  • CAFFERTY and WEXLER
  • STEWART M. WELTMAN & ASSOCIATES P.C.
  • COMPTRONIX CORPORATION, WILLIAM J. HEBDING, ALLEN
  •    |