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1
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COMPLAINT
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EXTRACTED KEY WORDS
CREE PLAINTIFF SECURITIES FACTS CLASS ACTION BLUE LEDS NEAL HUNTER MEMBERS INDIVIDUAL DEFENDANTS COMPLAINT MISLEADING COUNSEL COMMON STOCK PRODUCTION BUSINESS ALLEGATIONS MATERIAL FACTS MATERIALLY FALSE EXCHANGE ACT FEDERAL SECURITIES LAWS MISREPRESENTATIONS CREE RESEARCH NORTH CAROLINA REPRESENTATIONS PARTICIPATION DISSEMINATION DESIGN DEFECT PURCHASE CREE FUTURE BUSINESS PROSPECTS |
UNITED STATES DISTRICT COURT
MIDDLE DISTRICT OF NORTH CAROLINA
____________________________________
|
ARIF H. RASHEEDI on behalf of |
himself and all others similarly, | CASE NO. 1:96CV00890
situated, |
Plaintiff | CLASS ACTION COMPLAINT
| FOR VIOLATIONS OF
v. | FEDERAL SECURITIES LAW
| AND STATE LAW
CREE RESEARCH, INC., CALVIN H. |
CARTER, JR., JAMES E. DYKES, |
MICHAEL W. HALEY, F. NEAL HUNTER |
and ALAN J. ROBERTSON, |
|
|
Defendants. |
____________________________________|
Plaintiff makes the following allegations upon
information and belief, except as to allegations specifically
pertaining to plaintiff and his counsel, based on the facts
alleged below, predicated upon the investigation undertaken by
and under the supervision of plaintiff's counsel, and plaintiff
believes that further substantial evidentiary support will exist
for the allegations set forth below after a reasonable
opportunity for discovery.
NATURE OF THE ACTION
1. This is a class action on behalf of all persons
who purchased the securities of Cree Research Inc. ("Cree" or the
SNIPPETS:
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2
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JUDGMENT
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EXTRACTED KEY WORDS
PLAINTIFFS COURT MATERIALIZE CAUTIONS DIFFER SECURITIES PRODUCTION CREE RESEARCH PREDICTION PRESUMPTION MATERIALLY FALSE ALLEGE SAFE HARBOR MISLEADING DISMISS MOTION CAROLINA DISTRICT UNITED STATES CHIPS LIABILITY DEFENDANT HUNTER REFORM HARBOR PROVISION AMENDED COMPLAINT MEMORANDUM OPINION CONTEND CIRCUIT APPEALS |
IN THE UNITED STATES DISTRICT COURT
FOR THE MIDDLE DISTRICT OF NORTH CAROLINA
ARIF H. RASHEEDI, on behalf of :
himself and others similarly :
situated, :
Plaintiff, :
:
v. : 1:96CV00890
:
CREE RESEARCH, INC., et al., :
:
Defendants. :
:
________________________________:
FCC PRODUCTS, INCORPORATED, on :
behalf of itself and all others :
similarly situated, :
:
Plaintiff, :
v. : 1:96CV01069
:
CREE RESEARCH, INC., et al., :
: CONSOLIDATED CASES
Defendants. : (filed Oct. 17, 1997)
________________________________:
JUDGMENT
Consistent with the Memorandum Opinion filed contemporaneously
herewith, Defendants' Motion to Dismiss Plaintiffs' Consolidated
Amended Complaint (13-1, 15-1, 12-1, 14-1) is GRANTED. IT IS SO
ORDERED that the case is DISMISSED without prejudice.
/s/
Richard C. Erwin
___________________________________
Senior United States District Judge
SNIPPETS:
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