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MAX BRUCKNER v XCEL ENERGY INC Click to find out why . . .



Keywords & Phrases
CaseNo: MBVXEI150366, CourtName: MISC 3, Plaintiff: MAX BRUCKNER, UniqueCaseRef: LCD>MBVXEI150366, Securities, Investors, Xcel, Materialiy, Class Period, Financialpress, Violation, Market, Reports, Price, Purchasers, Individual Defendants, Regulation, Disclose, Misleading, Facts, Act, Substance, Misstatements, Prospects, Omissions, Participation, Dissemination, Inflated Prices, Ofthe, Scheme , ContentID: 120252957

Case Documents
1 2000-08 CLASS ACTION COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 128756
16 pages
PDF
Total Documents: 1 document , 16 pages
Price: $ 19.95


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1 . CLASS ACTION COMPLAINT

EXTRACTED KEY WORDS
DEFENDANTS
INVESTORS
XCEL
MATERIALIY
CLASS PERIOD
FINANCIALPRESS
VIOLATION
MARKET
REPORTS
PLAINTIFFS
MEMBERS
PRICE
PURCHASERS
INDIVIDUAL DEFENDANTS
BUSINESS
REGULATION
DISCLOSE
MISLEADING
FACTS
ACT
SUBSTANCE
MISSTATEMENTS
PROSPECTS
OMISSIONS
PARTICIPATION
DISSEMINATION
INFLATED PRICES
OFTHE
SCHEME
.


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31.     On February 8, FOO2,
                           coal 8smounced
                                        that it had filed a Bhdf regktrtiial;


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16


39.     A Rex&m ivticle clacbd
                             May  15,2002,  t.itltd  4'For aaountaaea~it'a claar, Wh
SNIPPETS:
  • irmsactions that lacked any economic substance in oidcr to manipulate the market and investors
  • Xcel to record revenues that lacked my economic substance throughout the C%SS Period, and,
  • &xuxki results to be presented in violation of GAA.P and SEC rules.
  • Regulation S-X xequires that interim financial statements must also
  • hacks wilh Reliasrt kl its Anual Reports 011 Form 10-K for fiscal 2000 and 2001 is an tission
  • ndnagement offers securities of the enterprise to the public,
  • UncKtainty to Qy to ensure that uncertainties and risks tierent in business situations ale
  • Class Period is the type of information which because of SEC regulations,
  • Class Pexisd PlaintiEs and olher members of the Class purchased or othewise acquired Xc4
  • thereby inflating the price of Xcd's common stock and other securities,
  • -dnd misleading statements and omitring ro disclose materM facts necessary to m&e
  • statements, as set forth herein, not false and misleading, Said statemwts and omissions W~JX
  • defendants made or aauscd to be rpadl; a series ol:maferially false or misleading
  • assessment ofXce1 and its bueinessS prospects and operations,
  • Defendants' materialiy fafse land misleading &texnents during the Class Period
  • resulted in plaintiffs and other members of the Class purchasing the Company"s securities at
  • artificially inflated prices, thus causing the kunages compiained of herein.
  • information 0fXcel's allegedly maikrially anisieading misstatements and/Or their
  • participated @I the tiudulenr scheme allegd herein.
  • with the financialpress and other similar reporting services;
  • operated as a fraud and deceit upon the purchasers of the Company's securities in an effort to
  • participation in the making of, unlrue statements of material facts and omitting to state
  • Canapan~s dissemination of information to the imesting public which they knew OS recuessly
  • By virtue ofthe foregoing, defadants have violated Section IOof the
  • Exchange Act, and Rule 1 Ob-5 promulgated thereunder.
  • the Individual Defendants had the power to influence and control and did
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