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DIANA CORPORATION CLASS ACTION LITIGATION Click to find out why . . .



Keywords & Phrases
CaseNo: DCCAL213495, CourtName: CLASS ACTION CASES, State: CA California, UniqueCaseRef: LCD>DCCAL213495, Entry, Stock, Satcom, Pbap, Diana, Motion, Sattel, Network, Communications, Exchange, Technologies, Pamela Binder, Jeffrey Campbell, Concentric Network, Act, Insiders, Dismiss, Complaint, California, Securities, Sattel Communications, Mot, Judge Manuel, Fisher, United States, Securities Exchange, James Fiedler, Diana Corporation, Stock Price, Satcom Loan, Internet Service Providers, Class Period, Motion Hearing Set, Lead Cnsl, Common Stock, Stipulation, Misleading, Material Facts, Consolidate , ContentID: 120249644

Case Documents
1   COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 122477
30 pages
TXT
2 1999-06-01 DOCKET
[ see first page and extracted highlights below  ] ItemID: 122478
18 pages
TXT
Total Documents: 2 documents , 48 pages
Price: $ 24.95


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1 . COMPLAINT

EXTRACTED KEY WORDS
SATCOM
DEFENDANTS
NETWORK
COMMUNICATIONS
DIANA
EXCHANGE
TECHNOLOGIES
PLAINTIFFS
ACT
INSIDERS
CALIFORNIA
SATTEL COMMUNICATIONS
FISHER
UNITED STATES
SECURITIES EXCHANGE
STOCK PRICE
SATCOM LOAN
INTERNET SERVICE PROVIDERS
CLASS PERIOD
COMMON STOCK
MISLEADING
MATERIAL FACTS
INTERNET ACCESS
JOINT VENTURE
SERVICE PROVIDERS
CONNECTION
DSS SWITCH
MATERIALLY FALSE
MANAGEMENT

James C. Krause, Esq. SBN 066478       Burton H. Finkelstein, Esq.
Patrick N. Keegan, Esq. SBN 167698     Kevin V. McAlevy, Esq.
KRAUSE & KALFAYAN                      Donald J. Enright, Esq.
1010 Second Avenue, Suite 1521         FINKELSTEIN, THOMPSON
San Diego, CA 92101                    & LOUGHRAN
Telephone: (619) 232-0331              1055 Thomas Jefferson St.,
                                         N.W., Ste. 601
                                       Washington, D. C. 20007
                                       Telephone: (202) 337-8000

Lawrence A. Sucharow, Esq.
Jonathan Plasse, Esq.
GOODKIND LABATON RUDOFF &
 SUCHAROW, LLP
100 Park Avenue
New York, NY 10017
Telephone: (212) 907-0700

                  UNITED STATES DISTRICT COURT
             FOR THE CENTRAL DISTRICT OF CALIFORNIA

PAMELA BINDER and JEFFREY CAMPBELL, on    :
Behalf of Themselves and All Others       :
Similarly Situated,                       :
                                          :    Civ. No. 97-3186R
                          Plaintiffs,     :
                                          :    CLASS ACTION
             vs.                          :
                                          :    COMPLAINT FOR
COMMUNICATIONS CORPORATION, SATTEL        :    VIOLATION OF THE
COMMUNICATIONS L.L.C.,SATTEL TECHNOLOGIES :    SECURITIES EXCHANGE
INC., STREAMLOGIC CORPORATION, CONCENTRIC :    ACT OF 1934
NETWORK CORPORATION, RICHARD Y. FISHER,   :
DONALD RUNGE, and JAMES FIEDLER,         :
                                          :    Plaintiffs Demand A
                          Defendants.     :    Trial By Jury
                                          :
__________________________________________:


                               - i -

_______________________________________________________________________________




SNIPPETS:
  • FOR THE CENTRAL DISTRICT OF CALIFORNIA
  • COMMUNICATIONS L.L.C.,SATTEL TECHNOLOGIES: SECURITIES EXCHANGE INC., STREAMLOGIC CORPORATION,
  • The Satcom Loan to Concentric....................- 10 D. The Streamlogic ef...................................
  • Securities Exchange Act of 1934 (against Defendants Fisher and
  • common stock of Diana Corporation
  • and marketed by Diana subsidiary Sattel Communications Corporation
  • and/or Sattel Technologies, Inc., and/or
  • Concentric Network Corporation.
  • million dollars in a public offering and during the Class Period
  • Diana insiders received over $16.5 million in proceeds from sales
  • Plaintiffs bring this action pursuant to Sections 10
  • In connection with the wrongs complained of,
  • Diana common stock on October 9, 1996 for $35-3/4 per share and has
  • telephone service providers and Internet service providers,
  • attendance at management and Board of Directors'
  • material facts and whether Defendants breached any duty to convey
  • Potential users of this new data delivery platform include Internet Access Providers,
  • The central office platform for Datanet is the Sattel Technologies DSS switch.
  • misleading at the time they were made because neither the DSS
  • stock price rose from $5 per share to over $29 per share.
  • United States for use in Concentric's network services and Internet
  • transaction was also materially false and misleading because of the
  • The Satcom Loan to Concentric
  • While there is currently no agreement with Sattel, Streamlogic is in discussions with Sattel
  • for Sattel and any potential joint venture would have been material

  • 2 . DOCKET

    EXTRACTED KEY WORDS
    DEFENDANT
    PLAINTIFF
    PBAP
    MOTION
    SATTEL
    PAMELA BINDER
    JEFFREY CAMPBELL
    DIANA
    CONCENTRIC NETWORK
    DISMISS
    COMPLAINT
    SECURITIES
    MOT
    JUDGE MANUEL
    ATTORNEY
    JAMES FIEDLER
    DIANA CORPORATION
    MOTION HEARING SET
    LEAD CNSL
    STIPULATION
    CONSOLIDATE
    MEMORANDUM
    DEFENDANT SATTEL TECHNOLOGIES
    LEAD PLFS
    DISMISS SECURITIES CLASS
    DECLARATION
    DISMISS CONSOL CMPLT
    ATTORNEY FEES
    GEORGE WEISCHADLE
    
    Docket as of June 1, 1999 (retrieved 6/6/99)
    
    Proceedings include all events.                                          LEADTR
    2:97cv3186 Pamela Binder, et al v. Communications Corp, et al            (AJWx)
    
                                                                LEADTR (AJWx)
                           U.S. District Court
              Central District of California (Western Div.)
    
                   CIVIL DOCKET FOR CASE #: 97-CV-3186
    
    Pamela Binder, et al v. Communications Corp, et al          Filed: 04/30/97
    Assigned to: Judge Manuel L. Real            Jury demand: Both
                 Referred to: Discovery Andrew J. Wistrich
    Demand: $9,999,000                           Nature of Suit:  850
    Lead Docket: None                            Jurisdiction: Federal Question
    Dkt# in other court: None
    
    Cause: 15:78m(a) Securities Exchange Act
    
    
    PAMELA ON BEHALF OF THEMSELVES    Lawrence A Sucharow
    AND ALL OTHERS SIMILARLY          (COR LD NTC)
    SITUATED, on Behalf of            Jonathan M Plasse
    Themselves and All Others         FAX 212-818-0477
    Similarly Situated                (COR LD NTC)
         plaintiff                    Goodkind Labaton Rudoff &
                                      Sucharow
                                      100 Park Ave
                                      12th Floor
                                      New York, NY 10017
                                      212-907-0700
    
                                      James C Krause
                                      FAX 619-232-4019
                                      (COR LD NTC)
                                      Patrick N Keegan
                                      FAX 619-232-4019
                                      (COR LD NTC)
                                      Krause & Kalfayan
                                      1010 Second Ave
                                      Suite 1750
                                      San Diego, CA 92101
                                      619-232-0331
    
                                      Burton H Finkelstein
                                      (COR LD NTC)
                                      Kevin V McAlevy
    
    SNIPPETS:
  • Cause: 15:78mSecurities Exchange Act
  • JEFFREY CAMPBELL, on Behalf of Lawrence A Sucharow
  • SATTEL COMMUNICATIONS L.L.C. defendant
  • CONCENTRIC NETWORK CORPORATION Timothy T Scott
  • JAMES FIEDLER
  • DIANA CORPORATION
  • 4/30/97 1 COMPLAINT Filed SummonsIssued referred to Discovery
  • Laws (pbap) (Entry date 05/08/97)
  • 5/16/97 4 Proof of service of S/C executed upon defendant Sattel
  • 5/29/97 7 STIPULATION and ORDER ext Satttel Technologies time to ans
  • 7/3/97 11 NOTICE OF MOTION AND MOTION by plaintiff for appt as lead
  • appt as lead plfs and approval of approval of movants
  • selection of lead cnsl.
  • 7/7/97 14 STIPULATION and ORDER by Judge Manuel L. Real that the ti
  • motion hearing set for 10:00,
  • 7/8/97 16 MEMORANDUM by plaintiffs Frank Tramontano et al in support
  • of motion to consolidate cases for all purposes
  • in event defts resp by way of mot to dism,
  • Enersen attorney by Judge Mariana R. Pfaelzer for Judge
  • Runge in support of motion to dismiss
  • Network for motion to dismiss consol cmplt.(FWD TO
  • 9/30/97 31 DECLARATION of Daniel Turbow by defendant Concentric
  • 9/30/97 32 NOTICE OF MOTION AND MOTION by defendant George Weischadle,
  • 11/10/97 51 Memo in opp by plaintiff Pamela Binder,
  • 12/3/97 55 Reply memo in suppt by defendant Sattel Technologies and G
  • Wesischadles to motion to dismiss securities class actn
  • motion for award attorney fees
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