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Keywords & Phrases
CaseNo: HE123631, CourtName: CLASS ACTION CASES, State: NY New York, UniqueCaseRef: LCD>HE123631, Hastings, Securities, Entertainment, Marmaduke, Superstores, Sales, Officer, Financials, Multimedia Entertainment, Class Action, Violation, United States, Revenues, Video Games, Videocassettes, Multimedia Entertainment Retailer, Dennis Mcgill, Dvds, Accounting, Individual Defendants, Misleading, Senior Officers, Exchange Act, Net Income, Comparable-store Revenues, Total Revenues, Periodicals, Publicly Traded Securities, Pltffs, Eod, Motion, Sutton, Happiness, Consolidate, Approving, Appointing , ContentID: 120249751

Case Documents
1   COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 122899
27 pages
TXT
2 1999-05-29 DOCKET
[ see first page and extracted highlights below  ] ItemID: 122900
3 pages
HTML
Total Documents: 2 documents , 30 pages
Price: $ 24.95


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1 . COMPLAINT

EXTRACTED KEY WORDS
DEFENDANTS
SECURITIES
ENTERTAINMENT
MARMADUKE
PLAINTIFF
SUPERSTORES
SALES
OFFICER
FINANCIALS
MULTIMEDIA ENTERTAINMENT
CLASS ACTION
VIOLATION
UNITED STATES
REVENUES
VIDEO GAMES
VIDEOCASSETTES
MULTIMEDIA ENTERTAINMENT RETAILER
DENNIS MCGILL
DVDS
ACCOUNTING
INDIVIDUAL DEFENDANTS
MISLEADING
SENIOR OFFICERS
EXCHANGE ACT
NET INCOME
COMPARABLE-STORE REVENUES
TOTAL REVENUES
PERIODICALS
PUBLICLY TRADED SECURITIES


                        UNITED STATES DISTRICT COURT
                         NORTHERN DISTRICT OF TEXAS
                              DALLAS DIVISION


   RICHARD CAUDLE, on Behalf of Himself
   and All Others Similarly Situated,

                           Plaintiff,

       vs.

   HASTINGS ENTERTAINMENT, INC.,
   JOHN H. MARMADUKE AND
   DENNIS McGILL,

                           Defendants.
   _________________________________

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   Civil Action No.

   CLASS ACTION COMPLAINT
   FOR VIOLATION OF THE
   FEDERAL SECURITIES LAWS







SNIPPETS:
  • CLASS ACTION COMPLAINT FOR VIOLATION OF THE FEDERAL SECURITIES LAWS
  • This is a securities class action on behalf of persons who purchased the publicly traded
  • Hastings is a leading multimedia entertainment retailer that combines the sale of books,
  • As of April 30, 1999, the Company operated 131 superstores located in 19 states primarily in
  • During the Class Period, Hastings reported record results, and up until the end of the Class
  • During the Class Period, the Individual Defendants (John Marmaduke and Dennis McGill), who
  • As Hastings continued to report "record" profits throughout the Class Period and defendants
  • The claims asserted herein arise under and pursuant to§§10and 20of the Securities Exchange
  • Many of the acts and transactions giving rise to the violations of law complained of herein,
  • Plaintiff Richard Caudle purchased Hastings common stock during the Class Period as detailed
  • Defendant Dennis McGill was the Chief Financial Officer of Hastings.
  • By reason of their positions, the officer and/or director defendants identified above,
  • Defendants had a duty to promptly disseminate accurate and truthful information with respect
  • The Prospectus also stated that the financials contained therein were compiled and reported
  • The remaining proceeds of approximately $3.4 million, representing sales of 293,333 shares,
  • Additionally, comparable-store revenues rose 9%.
  • Total revenues for the fiscal 1998 first quarter were up 14.0 percent to $89,387,000,
  • Comparable-store revenues were up 9 percent for the first quarter of fiscal 1998.
  • The financial results reported by Hastings for the first quarter 1998 were false and

  • 2 . DOCKET

    EXTRACTED KEY WORDS
    EOD
    MOTION
    SUTTON
    HAPPINESS
    COUNSEL
    CONSOLIDATE
    DEFENDANT
    APPROVING
    APPOINTING
    DEARIE
    JUDGE RAYMOND
    ISAAC
    JOSEPH
    COURT
    DOCKET
    SUPPORT
    JUDSON
    JAMIESON
    KARBAN
    JACOBS
    DEFT HAPPINESS
    COMPLAINT
    GOLDBERG
    MICHAEL
    PURPOSES
    CO-COUNSEL
    LONGMAN
    HOWARD
    AFFIDAVIT
    
    Case docket was last updated on: 11/05/96.
    
    
    Docket as of May 29, 1999 7:37 am               Page 1
    
    Proceedings include all events.
    1:96cv2552    Jacobs v. Happiness Express, et al                  CLOSED LEAD
    
                                                                CLOSED LEAD
                           U.S. District Court
                       New York Eastern (Brooklyn)
    
                   CIVIL DOCKET FOR CASE #: 96-CV-2552
    
    Jacobs v. Happiness Express, et al                          Filed: 05/23/96
    Assigned to: Judge Raymond J. Dearie         Jury demand: Plaintiff
                 Referred to: Magistrate-Judge Cheryl L. Pollak
    Demand: $0,000                               Nature of Suit:  850
    Lead Docket: None                            Jurisdiction: Federal Question
    Dkt# in other court: None
    
    Cause: 15:78m(a) Securities Exchange Act
    
    
    NORMAN JACOBS                     Jules Brody
         plaintiff                    (COR LD NTC)
                                      Stull, Stull & Brody
                                      6 East 45th Street
                                      New York, NY 10017
                                      (212) 687-7230
    
    
       v.
    
    
    HAPPINESS EXPRESS, INC.
         defendant
    
    
    JOSEPH A. SUTTON
         defendant
    
    
    ISAAC A. SUTTON
         defendant
    
    
    MICHAEL A. GOLDBERG
    
    SNIPPETS:
  • Case docket was last updated on:
  • U.S. District Court
  • HAPPINESS EXPRESS, INC. defendant
  • JOSEPH A. SUTTON
  • MICHAEL A. GOLDBERG
  • 5/23/96 1 COMPLAINT filed and summonsissued for Happiness
  • Express, Joseph A. Sutton, Isaac A. Sutton, Michael A.
  • (EOD 05/24/96)
  • deft Happiness Express, Inc. to answer or other respond to
  • cm (Signed by Judge Raymond J.
  • Dearie and dated July 2,
  • consolidate cases is granted.
  • venue motion is decided.
  • 7/29/96 5 MOTION by counsel for pltffs, for an Order appointing
  • pltffs Jacobs, Karban, Jr., Jamieson and Judson as lead
  • approving lead pltffs choice of
  • lead counsel; Motion hearing set for 10:00 8/9/96.
  • 7/29/96 6 MEMORANDUM of Law in support of pltff's motion
  • 7/29/96 7 AFFIDAVIT by Howard T. Longman, co-counsel of record to
  • 7/29/96 8 ORDER consolidating cases for all purposes.
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