 |
 |
|
|
|
|
|
|
|
| | | |
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
1
.
COMPLAINT
|
EXTRACTED KEY WORDS
DEFENDANTS ACQUISITION FACTS CLASS PERIOD PLAINTIFF TECHNOLOGY STOCK SECURITIES ACT EXCHANGE STERLING SEMICONDUCTOR PRICE COMMON STOCK MISLEADING MATERIALLY FALSE ALLEGATIONS TECHNOLOGY CORPORATION PARTICIPATION COMPOUND SEMICONDUCTOR MARKET PRICE CLASS ACTION INDIVIDUAL DEFENDANTS PURCHASE PRICE DEVELOPMENT STAGE MERGER AGREEMENT ACCUMULATED DEFICIT REASONABLE OPPORTUNITY EXPLOSIVE COMPOUND SEMICONDUCTC INTERNAL GRCRWTH |
~TEDSTATESDISTRICTCOI3RT
MlDDLEDrSTRIeTOFnORXDA;$
TmpA DIj?ISI('JN I i
FLAINTIE'F'SCLASS
ACTION COMPLAW
Plaintiff m&es the following allegations upon information and belief, except as to
allegations specifically pertaining to plaintiff and his counsel, based on the facts alleged
below, which are predicated upon the investigation undertaken by plaintiffs counsel, whose
investigation included analysis of publicly-avnilable nelrvs articles and repotis, public fihngs,
press releases and other matters of public record, Plaintiff believes that farther substantial
evident&y support will exist for the allegations set forth below after a reasonable opportunity
for discovery.
NATURE OF THE ACTWN
1. This is a clnss n&ion on behalf of all purchasers of the common stock of
Uniroyal Technology Corporation ("Uniroyal" or the "Company") between February 8,2000
and May 13, 2002, inclusive, (the "Class Period"), seeking to pursue remedies under al
Securities Exchzuge Act of 1934 (the "Exchange A&).
2. During the Class Period, defendants issued a series ofpress releases touting i
Gnat&I stability and its acquisition of Sterling Semiconductor ("Sterling") while saaregicsnll
positioning Uniroyal to increase its participation in the explosive compound semiconductc
industry via internal grcrwth.
3. Unbeknownst to the investing public that purchasedUniroyal stock during the
Class Period at artificially inflated prices, Uniroyal was not a financiaIly stabile company,
acquisition of Sterling was not lucrative a[ all, and it was not strategically positioning
SNIPPETS:
|
|
|
| | | |
|
|
