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BEN NGUYEN et al v RETEK INC Click to find out why . . .



Keywords & Phrases
CaseNo: BNEAVRI132504, CourtName: MISC 2, Plaintiff: BEN NGUYEN et al, State: NY New York, UniqueCaseRef: LCD>BNEAVRI132504, Retek, Securities, Price, Commissions, Act, Prospectus, Exchange, Class Action, Underwriter Defendants, Credit Suisse, Offering, Stock, Reports, Trading, Dissemination, Public Offering, Registration Statement, Individual Defendants, Material Facts, Misleading, Ipo, Southern District, Shareholders, Regulation, Class Period, Common Stock, Transactions, Aftermarket , ContentID: 120252654

Case Documents
1   CLASS ACTION COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 127708
51 pages
PDF
Total Documents: 1 document , 51 pages
Price: $ 19.95


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1 . CLASS ACTION COMPLAINT

EXTRACTED KEY WORDS
RETEK
SECURITIES
PRICE
PLAINTIFF
COMMISSIONS
ACT
PROSPECTUS
EXCHANGE
CLASS ACTION
UNDERWRITER DEFENDANTS
CREDIT SUISSE
OFFERING
STOCK
REPORTS
TRADING
DISSEMINATION
PUBLIC OFFERING
REGISTRATION STATEMENT
INDIVIDUAL DEFENDANTS
MATERIAL FACTS
MISLEADING
IPO
SOUTHERN DISTRICT
SHAREHOLDERS
REGULATION
CLASS PERIOD
COMMON STOCK
TRANSACTIONS
AFTERMARKET
UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
-----------------------------------X
BEN NGUYEN, on behalf                 :
of himself and all others            : 01-CV-5225 (RO)
similarly situated,                :
                                   :
                    Plaintiff,     : CLASS ACTION COMPLAINT
                                   :
            -against-                 : JURY TRIAL DEMANDED
                                   :
RETEK INC., JOHN BUCHANAN,           :
GREGORY A. EFFERTZ, CREDIT SUISSE    :
FIRST BOSTON CORPORATION and         :
FLEETBOSTON ROBERTSON                 :
STEPHENS, INC.,                       :
                                   :
                   Defendants.     :
-----------------------------------X



          Plaintiff, by and through by his attorneys, as


and for his Class Action Complaint, alleges upon personal


knowledge as to his own acts and as to all other matters


upon information and belief based upon, inter alia, the


investigation made by and through his attorneys, which


investigation included, among other things, a review of


reports filed by Retek Inc. ("Retek" or the "Company") with


the Securities and Exchange Commission or disseminated to


Retek's shareholders (including without limitation, Form


SNIPPETS:
  • UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK
  • Plaintiff,: CLASS ACTION COMPLAINT
  • reports filed by Retek Inc. with
  • the Securities and Exchange Commission or disseminated to
  • Retek's shareholders (including without limitation,
  • 10-K's, Form 10-Q's, proxy statements, Quarterly Reports to
  • the Prospectus and Registration Statement
  • "Securities Act") 15 U.S.C. §§ 77land Sections 10
  • including the preparation and dissemination
  • during the Class Period (including the trading of Retek
  • stock based upon misleading information).
  • Credit Suisse First Boston Corporation maintains its
  • other wrongs complained of herein, the defendants, directly
  • May 1995 and since at least the time of the Retek IPO has
  • owned or controlled 365,077 shares of Retek's common stock.
  • offering of 5,500,000 shares of common stock at $15.00 per
  • Company's initial public offering.
  • Each of the Individual Defendants was provided
  • been actively traded during the Class Period on the NASDAQ
  • Offering price to the public.
  • excessive and undisclosed commissions from
  • customers agreed to and did pay the Underwriter Defendants
  • excessive commissions on transactions in other securities
  • additional Retek shares in the aftermarket at predetermined prices that were above the IPO
  • Due to the undisclosed material facts
  • including, inter alia, Regulation S-K.
  •    |