.
1 DAVID B. ZLOTNICK (013123)
ZLOTNICK & THOMAS
2 1039 North sixth Avenue '
Tucson, Arizona 85705
3 Telephone: 602/798-3255
4 DONALD B. LEWIS (Pa. Bar No. 20715)
LAW OFFICES OF DONALD B. LEWIS
5 5 Cynwyd Road
Bala Cynwyd, Pennsylvania 19004
6 Telephone: 610/668-0331
7 UNITED STATES DISTRICT COURT
8 DISTRICT OF ARIZONA
9
10 MICHAEL CRUISE,
on behalf of himself and NO.
11 all others similarly situated, 1
12 Plaintiff,
13 V. ; JURY
14 CONDOR SERVICES, INC. and ;
GUY A. MAIN,
15 ;
Defendants. )
16
17 Plaintiff, by his undersigned
18 Complaint against defendants, alleges, upon personal knowledge as
19 to himself and upon information and belief
20 of counsel as to all other matters, as follows:
21
22 JURISDICTION AND VENUE
23 1. With respect to Count, I hereof,
24 jurisdiction over the subject matter of
25 Section 27 of the Securities Exchange Act of 1934
26 15 U.S.C. §§78 et seq. The claims asserted
27 Sections 10(b) and 20(a) of the Exchange Act,
28
*
and 78t(a), and under Rule lob-5
es and
Exchange Commission ("Sl&C")
asserted in
Count II arise under applicable
SNIPPETS:
LAW OFFICES OF DONALD B. LEWIS
18 Complaint against defendants, alleges, upon personal knowledge as
and who sustained 20 damages thereby.
of Condor, the Company's
joinder of all its 24 members is impracticable.
Condor common stock
quotation system of the 27 National Association
Plaintiff
and securities
Whether reports,
and/or misrepresenting 9 material facts:
Whether the misrepresentations
On May 1, 1989, Condor Insurance
business E provided by independent
coverage in Arizona.
gross premiums of 1 $5,294,825, net premiums of $4,470,377,
and net income of $744,544,
with L. W. Gaskill
low rate and the fact that a high volume of 18 policies (in excess
THE FALSE AND MISLEADING
27, 1993 earnings 4 announcements.
regulations.
price of the stock dropped
The American Auto Plan of Arizona,
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