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IN RE NORTHEAST UTILITIES SECURITIES LITIGATION Click to find out why . . .


Keywords & Phrases
CaseNo: NU109994, CourtName: CLASS ACTION CASES, State: CT Connecticut, UniqueCaseRef: LCD>NU109994, Northeast Utilities, Nuclear, Class Period, Nrc, Millstone, Valve, Compensation, Individual Defendants, Valve Incident, Report, Allegations, Management, Safety, Plant, Control, Action Plans, Materially False, Compliance, Misleading Statements, Connecticut, Millstone Units, Pep, Nuclear Power Plants, Northeast Utilities Stock, Task Group, Executives, Long-term Incentive Program, Self-assessments, Salp , ContentID: 120249883

Case Documents
1 1997-12-21 CONSOLIDATED AMENDED COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 123458 		93 pages
PDF
Total Documents: 1 document , 93 pages
Price: $ 19.95


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1 . CONSOLIDATED AMENDED COMPLAINT

EXTRACTED KEY WORDS 
NUCLEAR
DEFENDANTS
CLASS PERIOD
NRC
MILLSTONE
VALVE
COMPENSATION
INDIVIDUAL DEFENDANTS
VALVE INCIDENT
REPORT
ALLEGATIONS
MANAGEMENT
SAFETY
PLANT
CONTROL
ACTION PLANS
MATERIALLY FALSE
COMPLIANCE
MISLEADING STATEMENTS
CONNECTICUT
MILLSTONE UNITS
PEP
NUCLEAR POWER PLANTS
NORTHEAST UTILITIES STOCK
TASK GROUP
EXECUTIVES
LONG-TERM INCENTIVE PROGRAM
SELF-ASSESSMENTS
SALP

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            IN  RE  NORTHEAST  UTILITIES                                                           
e  No.     1
            SECURITIES  LITIGATION                                                                 
 (CFD)  $"  i
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                  `7

                  L
            THIS  DOCUMENT  RELATES  TO:
            ALL  ACTIONS                                                                           
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ent)
SNIPPETS:
  • Individual Defendants' Compensation.
  • Control Person Allegations.
  • The Condition of Northeast Utilities' Nuclear Operations Prior To And At The
  • May through August 1993: The 2-CH-442 Valve Incident.
  • Beginning of the Class Period:
  • Materially False and Misleading Statements In The 1994 First Quarter Form 10-Q.
  • Materially False and Misleading Statements In the 1995 Annual Report
  • The March 7,1996 NRC Letters
  • Events After the End of the Class Period Confirm Defendants' Fraudulent
  • actions filed against Northeast Utilities by the Connecticut Department of Public Utility
  • 1996 (the date on which the public learned that all three Millstone
  • repeatedly stressed the importance and efficacy of its nuclear safety initiatives and programs
  • Northeast Utilities into a much higher level of compliance with NRC safety requirements;
  • six of the forty-two action plans were completed and validated.
  • The 1993 PEP
  • management practices; programs and processes; and performance assessment.
  • Connecticut Yankee, of the nuclear power plant located in Haddam Neck, Connecticut.
  • interests in Millstone Units 1 and 2.
  • are total shareholder returns of Northeast Utilities stock relative to the Standard & Poor's
  • salary of $478,775, long-term incentive program payouts of $61,155 and a substantial bonus.
  • the regulation of the NRC and its guidelines for the safe operation of nuclear power plants.
  • was referred to as a "SALP.
  • Northeast Utilities initiated four "Self-Assessments" in the
  • The NE&O Performance Task Group and The
  • numerous management problems, including micromanagement by executives, a lack of
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