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IN RE DIVERSIFIED COMMUNICATIONS INDUSTRIES INC SECURITIES LITIGATION Click to find out why . . .



Keywords & Phrases
CaseNo: DC107405, CourtName: CLASS ACTION CASES, State: FL Florida, UniqueCaseRef: LCD>DC107405, Stock, Prvpe, Ocher Dieburoementa, Pees, Diligence, Prior, Insurance, Articlea , ContentID: 120249654

Case Documents
1 1994-04-10 COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 122568
13 pages
PDF
Total Documents: 1 document , 13 pages
Price: $ 19.95


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1 . COMPLAINT

EXTRACTED KEY WORDS
PRVPE
OCHER DIEBUROEMENTA
PEES
DILIGENCE
LITIGATION
MEMBERS
PRIOR
INSURANCE
ARTICLEA
                                            UN1TE3          STATES           DISTRICT              
                                            SQ'JTHZRN            DISTRICT              OF  FLORIDA
BER:AR$)E&
                               ;  &La  x  ,6L"G  f? A Ii A M
DANIELA           WEBER,  or.  behalf                    of.
himself           and  all            others         similarly                                 CASE
eisuated,

                                    Plaintiff,                                                


DIVERSIFIED                 COMMLrN:L'ATIONS
1NCUSTR:ES               ,  LTD..         JOSEPH         F.
BRADWAY,            JR.  and  JAMES  0'  DONNELL,                                                  
OX
                                                                                                   

                                    DD3fendanr_~.
  I--  r__-----l__-__-                       *-.-  __-_-  _--_  . . -1                             



complaint,                alleges            :qm       persclnal               kriowledge          

own  act8  ~  and  a6  to  all                         other           matters             upon    

based          gpon,       hxr_           &id,         the         investigation                   

aer-.a,rneyc,             which           investigation                      included,             
Securities               and  Exchange               Commission                    ("SEC")         

and  net*`R  articlea:



material                 facts  neceesary                        to  make  the  statements         
  of
the  circumetanceti                             under             which           they  were  made,
Among  other                     things,         during             t~he  Class  Peri,od,          
statements                  regarding                   the  financial                     
inter           &ld,               materially                    overstating                  the 
and
income  resulting                            in  a  1993  fourth                         quarter   
                          3.          AL  the               time               those         
the
defendants                 kllew,  or  but  for  their                             reckless        
WOild           have              knowq,               that,         among  other                  
improperly                       recognizing                     revenues                and 
for
SNIPPETS:
  • and net*`R articlea:
  • insurance.
  • stock closed at 52.75 a share, down from $5.125 per share the prior
  • members of the Class.
  • litigation.
  • diligence.
  • Pees and ocher dieburoementa.
  • prvpe r.
  •    |