To: jhild who wrote (40660 ) 8/25/1999 11:27:00 PM From: Lucky Charm Respond to of 43774
DAMMITALLTOHELL!!!!! PABN still isn't on this list!!!! But that pesky Waste Management is.... as usual!!! Which brings me to a good question jhild... who picks up your weekly trash???? I'm kinda thinking you might just have some MOB connections yourself!!!!! Have you ever just sat back and wondered how STUPID you sound half the time lately???? We don't need to ask Colleen this.... Her family seems to remind her all the time.... and in PUBLIC for that matter!!! Christ, is that embarrassing or WHAT???? Listed below is summary information (name of company, court, filing date, class period, and plaintiff's law firm) for recent securities class action fraud court filings. A description of the allegations is presented only the first time a certain company is sued. Please note that the sources we use to gather this information may not list all law firms for a given case filing. For further information, kindly visit the Stanford Securities Class Action Clearinghouse at: securities.stanfordedu ------------------------------------ COMPANY LIST: The following are the companies represented in today's list of filings ARM Financial Group Inc. (new) Berkshire Realty Company Inc. (new state) DataWorks Corporation Diamond Multimedia Foamex International Inc. Motorcar Parts & Accessories Inc. National Partnership Investments Corporation (new) New Valley Corporation (new state) Sabratek Corporation Stewart Enterprises Inc. (new) Unistar Financial Service Corporation (new) Waste Management Inc. ---------------------------------------- ARM Financial Group Inc. court: USDC WD Kentucky filing date: 8/18/99 class period: 10/27/98 through 8/3/99 plaintiff law firms: Milberg Weiss Bershad Hynes & Lerach; Arnzen Parry & Wentz According to a Business Wire story dated 8/18/99, the Complaint alleges that the company disseminated false and misleading information about the company's operations and the value of its financial investments. As a result, the stock traded at artificially inflated share prices during the class period. The Complaint further alleges that during the class period, company insiders sold significant amounts of their personal stock at inflated prices. ARM Financial Group Inc. court: USDC WD Kentucky filing date: c. 8/19/99 class period: 2/12/99 through 7/29/99 plaintiff law firm: Strauss & Troy Berkshire Realty Company Inc. court: Delaware Chancery Court filing date: 6/18/99 class period: unknown plaintiff law firm: unknown According to a Federal Filings Newswires story dated 8/20/99, the Complaint alleges that the company breached fiduciary duties in the negotiations for a merger with Berkshire Realty Holdings L.P. by accepting an inadequate price for company shares. Berkshire Realty Company Inc. court: Delaware Chancery Court filing date: 7/9/99 class period: unknown plaintiff law firm: unknown DataWorks Corporation court: USDC SD California filing date: c. 8/19/99 class period: 10/31/97 through 7/16/98 plaintiff law firm: Milberg Weiss Bershad Hynes & Lerach Diamond Multimedia court: California Superior Court, Santa Clara County filing date: 8/4/99 class period: unknown plaintiff law firm: unknown Foamex International Inc. court: Delaware Chancery Court filing date: unknown class period: unknown plaintiff law firm: unknown Motorcar Parts & Accessories Inc. court: USDC CD California filing date: c. 8/19/99 class period: 8/1/96 through 7/30/99 plaintiff law firm: Gold Bennett & Cera National Partnership Investments Corporation court: USDC CD California filing date: c. 8/18/99 class period: unitholders in Housing Programs Ltd. and seven other real estate limited partnerships plaintiff law firm: Wolf Haldenstein Adler Freemen & Herz According to a Business Wire story dated 8/18/99, the Complaint alleges that the company disseminated false and misleading information in "consent solicitations" which were legally proxy statements. New Valley Corporation court: Delaware Chancery Court filing date: c. 7/99 class period: former Class B Preferred shareholders plaintiff law firm: unknown According to a Federal Filings Newswires story dated 8/18/99, the Complaint alleges that the company disseminated "materially deficient" information in a proxy statement regarding a proposed recapitalization of the company. The Complaint further alleges that the recapitalization plan was fundamentally unfair to holders of Class B Preferred Shares and that company officers and directors breached their fiduciary duty to those shareholders by approving it, even though it was approved by a majority of shareholders of each class. Sabratek Corporation court: USDC ND Illinois filing date: c. 8/25/99 class period: 5/11/99 through 8/23/99 plaintiff law firm: Cohen Milstein Hausfeld & Toll Stewart Enterprises Inc. court: USDC ED Louisiana filing date: c. 8/24/99 class period: 12/15/98 through 8/12/99 plaintiff law firm: Abbey Gardy & Squitieri According to a PR Newswire story dated 8/24/99, the Complaint alleges that the company disseminated false and misleading information about negative trends in the death care industry and their effect on the company. As a result, the stock of Stewart Enterprises traded at artificially inflated share prices during the class period. Unistar Financial Service Corporation court: USDC ND Texas filing date: c. 8/18/99 class period: 10/15/98 through 7/20/99 plaintiff law firms: Law Offices of Steven E. Cauley; Day Edwards Federman Propester & Christensen According to a PR Newswire story dated 8/18/99, the Complaint alleges that the company, through its website, disseminated false information about 1999 revenues, that it overrated its Customer List both in value and in amortization period, and that the company was noncompliant with certain Texas Department of Insurance requirements. The Complaint alleges that as a result of the above, the company stock traded at artificially inflated share prices during the class period. Waste Management Inc. court: USDC SD Texas filing date: 8/17/99 class period: 6/10/98 through 8/13/99 plaintiff law firm: Stull Stull & Brody Waste Management Inc. court: USDC SD Texas filing date: 8/18/99 class period: 5/6/99 through 7/6/99 plaintiff law firm: Morris & Morris Waste Management Inc. court: USDC SD Texas filing date: c. 8/20/99 class period: 3/31/99 through 7/6/99 plaintiff law firm: Donovan Miller Waste Management Inc. court: unknown filing date: c. 8/23/99 class period: 2/25/99 through 8/2/99 plaintiff law firm: Bernstein Litowitz Berger & Grossmann