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CREDIT SUISSE FIRST BOSTON CORP CLASS ACTION LITIGATION Click to find out why . . .



Keywords & Phrases
CaseNo: CSFBCCAL288910, CourtName: CLASS ACTION CASES, State: CA California, UniqueCaseRef: LCD>CSFBCCAL288910, Manipulated Issuers, Credit Suisse, Ipos, Act, Shares, Underwriters, Offering Price, Commissions, Technology Group, Securities, Complaint, York, California, San Francisco, Common Stock, Investors, Public Offering, Connection, Customers, Aftermarket, Discounts, Material Facts, Undersigned Attorneys, Battery Street, Sucharow Llp, Bernstein, Transactions, Employees , ContentID: 120249610

Case Documents
1   COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 122315
24 pages
PDF
Total Documents: 1 document , 24 pages
Price: $ 19.95


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1 . COMPLAINT

EXTRACTED KEY WORDS
MANIPULATED ISSUERS
CREDIT SUISSE
IPOS
ACT
SHARES
UNDERWRITERS
OFFERING PRICE
COMMISSIONS
TECHNOLOGY GROUP
SECURITIES
COMPLAINT
YORK
CALIFORNIA
SAN FRANCISCO
MEMBERS
COMMON STOCK
INVESTORS
PUBLIC OFFERING
CONNECTION
CUSTOMERS
AFTERMARKET
DISCOUNTS
MATERIAL FACTS
UNDERSIGNED ATTORNEYS
BATTERY STREET
SUCHAROW LLP
BERNSTEIN
TRANSACTIONS
EMPLOYEES

 1 James M. Finberg (Cal. Bar No. 114850)
      LIEFF CABRASER HEIMANN
 2    & BERNSTEIN, LLP
      Embarcadero Center West
 3 275 Battery Street, Suite 3000
      San Francisco, California  94111-3339
 4 Telephone: (415) 956-1000
      Facsimile: (415) 956-1008
 5  Joel H. Bernstein
 6 Thomas A. Dubbs
      Ira A. Schochet
 7 David J. Goldsmith
      GOODKIND LABATON RUDOFF
 8    & SUCHAROW LLP
      100 Park Avenue
 9 New York, New York  10017-5563
      Telephone: (212) 907-0700
10 Facsimile: (212) 818-0477

11 Attorneys for Plaintiffs

12                                     UNITED STATES DISTRICT COURT

13                                 NORTHERN DISTRICT OF CALIFORNIA

14 MICHAEL DARVIN and KENNETH                            )  Case No.:
      BENDER, individually and on behalf of all          )
15 others similarly situated,                            )  CLASS ACTION
                                                         )
16                               Plaintiffs,             )  CLASS ACTION COMPLAINT
                                                         )  FOR VIOLATIONS OF THE
17                       vs.                             )  FEDERAL SECURITIES LAWS
                                                         )
18 CREDIT SUISSE FIRST BOSTON                            )
      CORPORATION, a Massachusetts                       )
19 corporation,                                          )
                                                         )
20                               Defendant.              )
      _____________________________________  )
21                        Plaintiffs Michael Darvin and Kenneth Bender, individually and on behalf
22 others similarly situated, by their undersigned attorneys, as and for their Complaint, alleges
23 following upon personal knowledge as to themselves and their own acts and, as to other matters,
24 which are particularly within defendant's knowledge and lie within its control, upon information
25 and belief.  Plaintiffs' information and belief is based upon the investigation of counsel which
26 included, among other things, review and analysis of press releases, media reports, and other
27

SNIPPETS:
  • 275 Battery Street, Suite 3000
  • Joel H. Bernstein
  • & SUCHAROW LLP
  • New York, New York 10017-5563 Telephone:
  • 22 others similarly situated, by their undersigned attorneys, as and for their Complaint,
  • made by such third-parties with the Securities and Exchange Commission.
  • 1933 ("Securities Act"), 15 U.S.C. § 77k.
  • 19 Razorfish Inc. issued pursuant to the Prospectuses, including shares traceable to these
  • 21 initial public offerings of common stock.
  • Plaintiffs suffered damages as a result of the
  • 24 Massachusetts corporation, maintains offices in San Francisco and Palo Alto, California.
  • Credit Suisse was a registered broker-dealer and member of the National
  • 27 for the IPOs completed by each of the Manipulated Issuers, defined below and listed in
  • each Manipulated Issuer in connection with its initial public offering underwritten by Credit
  • plaintiffs believe there are thousands of Class members who
  • 19 Credit Suisse First Boston Technology Group, led by Frank Quattrone in the
  • to distribute among himself and his employees.
  • 18 and total offering price to the public, the per-share and total discounts and commissions
  • 22 that the Manipulated Issuer had granted to the underwriters a 30-day option to purchase on
  • 23 rata basis up to a certain amount of additional shares at the initial public offering
  • 14 Manipulated Issuer would skyrocket in subsequent trading and investors who bought at the
  • agreements with customers whereby Credit Suisse agreed to allocate shares in the Manipulated
  • additional shares in the Manipulated Issuers in the aftermarket.
  • additional commissions on transactions in securities in the Manipulated Issuers.
  • 13 contained false statements of material fact and/or omitted material facts.
  • this Complaint is based to the time plaintiffs filed this Complaint.
  •    |