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IN RE NEOWARE SYSTEMS INC SECURITIES LITIGATION Click to find out why . . .



Keywords & Phrases
CaseNo: NSI104649, CourtName: CLASS ACTION CASES, UniqueCaseRef: LCD>NSI104649, Proper, Amount, Damages, Prices, Class Period, Neoware, Morgan, Acquisition, Scott, Spector , ContentID: 120249879

Case Documents
1 1998-03-11 COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 123452
15 pages
PDF
Total Documents: 1 document , 15 pages
Price: $ 19.95


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1 . COMPLAINT

EXTRACTED KEY WORDS
AMOUNT
DAMAGES
PRICES
CLASS PERIOD
LITIGATION
NEOWARE
MORGAN
ACQUISITION
SCOTT
SPECTOR
 UNITED  STATES  DISTRICT                                      COURT
 SOUTHERN  DISTRICT                               OF  NEW  YORK

 CERRATO,  INC.,                            5  STAR  FINANCIAL
 GROUP,  INC.,                      and  TELEDATA,                   INC,,

                                            Plaintiffs,

                           -against-

NEOWARE  SYSTEMS,  INC.,                                                                           
ARTHUR  R.  SPECTOR,  and  SCOTT
HOLLAND,                                                                                           
                                                                                                   
                                            Defendants.



                           Plaintiffs,                      by  their           attorneys,         
Altman,            for            their          Complaint,               allege          upon 
         as  to
themselves                   and  their                own  acts,              and  as  t,o  all   
      upon
information                       and  belief                  based  upon,              inter     
made  by  and  through                               their         attorneys,               as 

                                                                    INTRODUCTION
                           1.        This          is  a  class               action        lawsuit
r         the
federal           securities                       laws  and  the  common  law.                    
mid-
1996,          defendants,                       Neoware           Systems,              Inc.      

its  principal                       officers,                  misrepresented                    
prospects,                  and  progress                       of  their         plans           
ary

to  acquire                 private                companies              and  spin  them  off     

public          offering.                        In  doing           so  they  misrepresented,     
lia,

that        J.  P.  Morgan                       &  Co.'  had  agreed                    to 
           and

later          that         the  subsidiary                        had  reached                   a
acquire

a  private              company  which                         would  have  constituted            
SNIPPETS:
  • -against-ARTHUR R. SPECTOR, and SCOTT
  • acquisition.
  • that they had a deal in place with J.P. Morgan & Co.,
  • of Neoware.
  • this type of litigation.
  • the Class Period;
  • prices.
  • damages in an amount to be proven at trial.
  • and proper.
  •    |