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1
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COMPLAINT
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EXTRACTED KEY WORDS
SECURITIES DEFENDANTS ACT REPORTS CLASS ACTION COMMON STOCK EXCHANGE ACT INDIVIDUAL DEFENDANTS MEMBERS FILINGS PRICE MISLEADING BUSINESS MATERIAL FACTS ACTION PURSUANT MATERIALLY FALSE NET INCOME PURCHASERS TECHNOLOGIES MARKET PRICE SECURITIES ANALYSTS UNITED STATES DISSEMINATION IMAGING SYSTEMS ALLEGATIONS SET FRAUDULENT SCHEME RELEVANT TIMES PARTICIPATION MEDICAL IMAGING |
UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
____________________________________
RICHARD CLYNE, On Behalf of Himself X No.
and All Others Similarly Situated, :: CLASS ACTION
Plaintiff, ::
vs. : COMPLAINT FOR VIOLATION OF THE
: SECURITIES EXCHANGE ACT OF 1934
DEL GLOBAL TECHNOLOGIES :
CORPORATION, LEONARD A. TRUGMAN: Plaintiff Demands A
and MICHAEL H. TABER, :: Trial By Jury
Defendants. :
____________________________________ X
BASIS OF ALLEGATIONS
1. Plaintiff has alleged the following based upon the investigation of plaintiff's
which included a review of United States Securities and Exchange Commission ("SEC") filings by
Del Global Technologies Corporation ("Del Global" or the "Company"), as well as regulatory filings
and reports, securities analysts' reports and advisories about the Company, press releases and other
public statements issued by the Company, and media reports about the Company, and plaintiff believes
that substantial additional evidentiary support will exist for the allegations set forth herein
reasonable opportunity for discovery.
NATURE OF THE ACTION
2. This is a federal class action on behalf of purchasers of the securities of Del
between December 7, 1999 and November 6, 2000 (the "Class Period"), seeking to pursue remedies
under the Securities Exchange Act of 1934 (the "Exchange Act").
JURISDICTION AND VENUE
3. Plaintiff brings this action pursuant to the 1934 Act as amended (15 U.S.C. §§ 78j(b)
and 78t(a)) and Rule 10b-5 promulgated thereunder (17 C.F.R. § 240.10b-5).
SNIPPETS:
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