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IN RE PERITUS SOFTWARE SERVICES INC SECURITIES LITIGATION Click to find out why . . .



Keywords & Phrases
CaseNo: PSS113171, CourtName: CLASS ACTION CASES, State: MA Massachusetts, UniqueCaseRef: LCD>PSS113171, Exchange Act, Exchange, Peritus, Consultants, Corn, Earninos, Develo Ment Durin, Henderson, Account, Nasdaq Exchange, Peritus Software Services, Catalano, Douglas, Chan, Ions Term, Success, Personnel, Offering, Closing, Class Period Statements, Misleading, Materially False, Capacities , ContentID: 120249895

Case Documents
1 1999-01-11 CONSOLIDATED AMENDED COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 123498
58 pages
PDF
2 1998-04-12 COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 123497
32 pages
PDF
Total Documents: 2 documents , 90 pages
Price: $ 24.95


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1 . CONSOLIDATED AMENDED COMPLAINT

EXTRACTED KEY WORDS
CONSULTANTS
IONS TERM
SUCCESS
PERSONNEL
OFFERING
CLOSING
CLASS PERIOD STATEMENTS
MISLEADING
MATERIALLY FALSE
DEFENDANTS
CAPACITIES
                                     UNITED  STATES  DISTRICT                      COURT
                                         DISTRICT            OF  MASSACHUSETTS

In  re  PERITUS  SOFTWARE  SERVICES,  INC.                                       ;  CIVIL  ACTION 
SECURITIES  LITIGATION                                                           1  98-CV-10578    


                                   CONSOLIDATED  AMENDED  COMPLAINT

                   Plaintiffs,                as  and  for  their               Amended  Complaint,
the  following              upon  personal              knowledge              as  to  themselves  
own  acts.           As  specified               with  respect              to  individual         
below,        all  other  allegations                        are  based,  inter             alia,  
investigation                conducted           by  their        attorneys,             including 
public        filings         of  defendant             Peritus            Software       Services 
("Peritus'U          or  the  t'Companyl'),                   reports,          press  releases    
articles          pertaining             to  Peritus,            interviews             and 
former  Peritus               employees,            Peritus         customers            and 
consultants.
                                               NATURE  OF  THE  ACTION

                   1.         Plaintiffs            bring  this  action                  as  a 
action        on  behalf           of  themselves              and  all  other  persons  or 
other  than  defendants                       and  certain          related         parties        
who  purchased               Peritus          common  stock  during                 the  time 
October  22,  1997  through                       October  26,  1998  inclusive*                   
Period"),          under  Sections                 lo(b)       and  20(a)  of  the  Securities
Exchange  Act  of  1934  (the  "Exchange  Act").
                   2.         During          the  Class  Period,                defendants        
false  and  misleading                       representations                and  omissions         
Peritus's          product,          the  market  for  the  product,                            and
acquisition               of  Millenium           Dynamics,           Inc.        Defendants       



materially                 misstated                  Peritus's             revenues,             
  .of

operations                 for  each  fiscal                        quarter           during       

These  material                       misstatements                     artificially               

stock  price.                       At  the  beginning                      of  the  Class  Period,

defendants'                      false        and  misleading                    statements        

Peritus's                stock             traded          at  over         $28  per  share;       

revealed               their          falsification                     of  Peritus's              
SNIPPETS:
  • consultants.
  • Exchange Act of 1934.
  • DEFENDANTS' MATERIALLY FALSE AND MISLEADING CLASS PERIOD STATEMENTS
  • closing.
  • are now offering."
  • personnel.
  • our success and our focus on near and ions term

  • 2 . COMPLAINT

    EXTRACTED KEY WORDS
    DEFENDANTS
    PERITUS
    CORN
    EARNINOS
    DEVELO MENT DURIN
    HENDERSON
    ACCOUNT
    EXCHANGE ACT
    MEMBERS
    NASDAQ EXCHANGE
    PERITUS SOFTWARE SERVICES
    CATALANO
    DOUGLAS
    CHAN
    
                                                                                                       
                                                                                                       
                                                                                                       
             ,7
                                                                                                       
             --
                                                                                                       
              7
                                                  UNITED  STATES  DISTRICT  COURT
             .?-rl
                                                                                                       
    J  7  T,Z
                                                       DISTRICT  OF MASSACHUSETTS                      
              i l-r
                                                                                                       
      :::,a
    ----------------------------x                                                                      
         .;;
                                                                                                       
    w  -5
                                                                                                       
    ROBERT  DOWNEY,                                                                         CIVIL 
    
    on  behalf            of  himself                  and
    all  others               similarly                situated,              :
                                        Plaintiff,                            ;              g&~~~~~Gy
                                                                                            CLASS 
                             -against-                                                      FOR 
                                                                                            FEDERAL    
    DOMINIC  K.  CHAN,  DOUGLAS  A.
    CATALANO,  ALLEN  K.  DEARY,
    and  PERITUS  SOFTWARE
    SERVICES,  Inc.,
                                                                                            JURYTRIAL
                                       Defendants.                            :
    
    
    
    
              Plaintiff,                   as  and  for                his  complaint,                 
                        r
    upon  personal                    knowledge                as  to  himself                    and 
     upon
    information                  and  belief                   as  to  all                   other     
    information                and  belief                are  based,                 inter
                                                                                      -            alia
                                                                                                  
    conducted             by  his  attorneys,                           including                 a 
    ings
    
    SNIPPETS:
  • DOMINIC K. CHAN, DOUGLAS A. CATALANO, ALLEN K. DEARY,
  • and PERITUS SOFTWARE SERVICES, Inc.,
  • defendants.
  • the NASDAQ Exchange.
  • members of the Class he seeks to represent.
  • 20of the Exchange Act.
  • and account numbers.
  • Henderson.
  • Da develo ment durin
  • earninos.
  • The Corn an '
  •    |