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DESTRON FEARING CLASS ACTION LITIGATION Click to find out why . . .



Keywords & Phrases
CaseNo: DFCAL202697, CourtName: CLASS ACTION CASES, State: MN Minnesota, UniqueCaseRef: LCD>DFCAL202697, Proxy Statement, Stock, Shareholders, Exchange Act, Common Stock, Misleading, Securities, Destron Fearing, Shares, Reverse Stock Split, Complaint, District, Incorporation, Judge, Delaware, Pursuant, Stock Holders, Dissent, Certificate, Outstanding Shares, Motion, Amends, Violation, Stockholders, Vote, Federal Rules, Geissler, Entry, Preliminary Injunction, Rosenbaum, Judge James, Noel, Magistrate Judge Franklin, Magistrate Judge, Docket, Pretrial Conference, Memorandum, Herman, Mpls , ContentID: 120249641

Case Documents
1 1999-03-17 DOCKET
[ see first page and extracted highlights below  ] ItemID: 122450
3 pages
TXT
2 1999-01-28 COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 122449
7 pages
TXT
Total Documents: 2 documents , 10 pages
Price: $ 24.95


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1 . DOCKET

EXTRACTED KEY WORDS
MOTION
ENTRY
PRELIMINARY INJUNCTION
ROSENBAUM
JUDGE JAMES
NOEL
MAGISTRATE JUDGE FRANKLIN
MAGISTRATE JUDGE
COUNSEL
COURT
DOCKET
PRETRIAL CONFERENCE
MEMORANDUM
PLAINTIFF
COMPLAINT
SECURITIES
DISTRICT
HERMAN
MPLS
COURTHOUSE
SUITE
CHAMBERS
PRETRIAL CONFERENCE SET
EXTENSION
STIPULATION
TRO
DENYING
ANDERSON
COURT REPORTER DAWN
Docket as of March 17, 1999 (retrieved 7/6/99)

Proceedings include all events.
0:99cv137 Herman v. Destron Fearing Corp, et al

                       U.S. District Court
                      District of Minnesota

               CIVIL DOCKET FOR CASE #: 99-CV-137

Herman v. Destron Fearing Corp, et al                       Filed: 01/28/99
Assigned to: Judge James M Rosenbaum         Jury demand: Plaintiff
             Referred to: Magistrate Judge Franklin L Noel
Demand: $0,000                               Nature of Suit:  850
Lead Docket: None                            Jurisdiction: Federal Question
Dkt# in other court: None

Cause: 15:78m(a) Securities Exchange Act


THEODOR H HERMAN, individually    Richard A Lockridge
and on behalf of all others       FAX 6123390981
similarly situated                (COR LD NTC)
     plaintiff                    Gregg M Fishbein
                                  FAX 6123390981
                                  (COR LD NTC)
                                  Lockridge Grindal Nauen &
                                  Holstein
                                  100 Washington Ave S Ste 2200
                                  Mpls, MN 55401
                                  (612) 339-6900

                                  Randall H Steinmeyer
                                  FAX 6512976543
                                  (COR LD NTC)
                                  Reinhardt & Anderson
                                  E 1000 First Bank Bldg
                                  332 Minnesota St
                                  St Paul, MN 55101
                                  651-227-9990


   v.


DESTRON FEARING CORP              Darron C Knutson
     defendant                    FAX 6123470600
                                  (COR LD NTC)
SNIPPETS:
  • Docket as of March 17,
  • U.S. District Court
  • District of Minnesota
  • Magistrate Judge Franklin L Noel
  • THEODOR H HERMAN, individually Richard A Lockridge and on behalf of all others FAX 6123390981
  • Securities list and referred to Magistrate Judge Franklin
  • 1/28/99 2 MOTION by plaintiff for preliminary injunction(to Judge
  • James M. Rosenbaum) Ret.
  • (Entry date 01/29/99)
  • 1/29/99 5 MEMORANDUM by defendants in opposition to motion for
  • 1/29/99 6 ORDER (Judge James M. Rosenbaum / 1/29/99) That pltfs
  • 1/29/99 7 MINUTES (Judge James M. Rosenbaum / Court Reporter Dawn
  • Anderson) re denying pltf's motion for TRO 1pg
  • 2/18/99 8 STIPULATION AND ORDER for Extension of Time to Answer or
  • Otherwise Respond to Complaint (Magistrate Judge Franklin
  • L. Noel) 2pg(cc: all counsel)
  • 3/17/99 9 NOTICE OF INITIAL PRETRIAL CONFERENCE (Magistrate Judge
  • 9:00 a.m. on 5/14/99 in Chambers at Suite 9W US Courthouse,
  • Mpls, MN

  • 2 . COMPLAINT

    EXTRACTED KEY WORDS
    STOCK
    PLAINTIFF
    DEFENDANTS
    SHAREHOLDERS
    EXCHANGE ACT
    MEMBERS
    COMMON STOCK
    MISLEADING
    DESTRON FEARING
    SHARES
    SECURITIES
    REVERSE STOCK SPLIT
    LAW
    INCORPORATION
    DELAWARE
    PURSUANT
    STOCK HOLDERS
    DISSENT
    CERTIFICATE
    OUTSTANDING SHARES
    COMPLAINT
    DISTRICT
    AMENDS
    VIOLATION
    STOCKHOLDERS
    BUSINESS
    VOTE
    FEDERAL RULES
    GEISSLER
    
                            UNITED STATES DISTRICT COURT
                               DISTRICT OF MINNESOTA
         _________________________________________________________________
    
       THEODOR H. HERMAN, individually and
       on behalf of all others similarly situated,
                             Plaintiff,
    
       vs.
    
       DESTRON FEARING CORP., RANDOLPH K.
       GEISSLER
                             Defendants.
    
       Court File No.: (99-CV-00137)
       COMPLAINT
       (filed Jan. 28, 1999)
       Jury Trial Demanded
         _________________________________________________________________
    
                               PRELIMINARY STATEMENT
    
       1. This action arises under the Federal Securities laws as a result of
       false, misleading, and unlawful statements made by Defendants in their
       proxy statement filed with the Securities and Exchange Commission on
       December 29, 1998 and issued pursuant to §14(a) of the Securities and
       Exchange Act of 1934 ("Exchange Act"). The proxy statement and the
       false and misleading statements made therein were Defendants' efforts
       to discourage shareholders from voting in opposition to the Company's
       proposed one-for-five reverse stock split of Destron Fearing Corp
       ("the Company") outstanding shares of common stock, par value $.01
       dollars per share. Plaintiff and members of the clam have received the
       false and misleading proxy statement and Plaintiff named herein now
       seeks to enjoin the Defendants use of false and misleading statements
       in the proxy statements and to enjoin the shareholders' vote currently
       scheduled for January 29, 1999.
    
                               JURISDICTION AND VENUE
    
       2. The Court's jurisdiction is predicated upon §27 of the Securities
       and Exchange Act of 1934, 15 U.S.C. §78(j)(n) and (aa); venue is
       proper in this Court in that the claims arose in this district. Each
       of the Defendants is found in, inhabits in or transacts business in
       this district. Plaintiff resides in this district. Defendants used the
       means and instrumentalities of interstate commerce, including the U.S.
       mails and interstate wire communications, to engage in the false and
       misleading practices complained of herein.
    
    
    SNIPPETS:
  • UNITED STATES DISTRICT COURT
  • COMPLAINT
  • This action arises under the Federal Securities laws as a result of false, misleading, and
  • The proxy statement and the false and misleading statements made therein were Defendants'
  • Plaintiff and members of the clam have received the false and misleading proxy statement and
  • Destron Fearing Corp. is a Delaware corporation whose principal place of business is 490
  • This action is property maintainable as a class action pursuant to Rule 23of the Federal
  • The vast majority of the Destron Fearing shares were held by public stockholders unaffiliated
  • This action is maintainable as a class action because the prerequisites of Rule 23are met and
  • On or about October 1, 1993, Destron Fearing Corp. filed it's certificate of incorporation
  • Stockholders of the company shall have the right to dissent from certain corporate action to
  • Stockholders shall have the further right to dissent in the event the Corporation amends this y merger or consolidation in which the corporation is a constituent corporation, unless such merger
  • The proxy statements stated that it was "solicited by and on behalf of the board of directors
  • This claim is asserted against Destron Fearing Corp. and Randolph Geissler.
  • By reason of Mr. Geissler's power and influence over the Company as its President, Chief
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