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Case ID: 2883 | Technology | 11/10/2003
The class has been certified in an action filed against various Illinois municipalities on behalf of residents with mobile phones who paid Telecommunications Infrastructure Maintenance Fees attributable to any municipality other than Chicago between January 1, 1998, and February 8, 2002. Residents who have their cellular service through U.S. Cellular or PrimeCo Personal Communications are not part of this action. The action alleges that the fees were illegal under the Illinois constitution. Eligible participants do not need to take any action to remain a part of the class.
The action alleges that many cities and towns in Illinois did not actually maintain any of the infrastructure necessary to cellular communications, other than switching stations in their city limits. Allegedly, they collected the fees even though they provided virtually no services. The city of Chicago and cell carriers U.S. Cellular and PrimeCo Personal Communications have been omitted from this certification because they settled separately in negotiations that have already been approved and implemented. The action does not apply to any Infrastructure Maintenance Fees that have been instituted as replacements for those that were implemented prior to February 2002. Any fees paid since then have been permitted by the Illinois Supreme Court and are legal. If you are eligible to participate in this action, you should contact the class attorneys to assure that they have your current address. At Lawcash.com, it is our goal to keep you informed about important legal cases, class actions and settlements. Our lawyers offer free legal evaluations in tort cases, class actions, personal injury, and other lawsuits because we are dedicated to helping you resolve your legal complaints. Other Technology Cases of Interest Several class actions have been filed against global telecommunications provider Primus Telecommunications Group, Inc. (Nasdaq:PRTL), and certain of its officers and directors by stockholders who purchased the company's common stock between November 11, 2003, and July 29, 2004, including all those who purchased securities in Primus' January 13, 2004, debt
offering. The actions claim that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities.
Several class actions have been filed against electronic trading technology infrastructure company NYFIX, Inc., (Nasdaq:NYFXE) and certain of its officers and directors by stockholders who purchased the company's common stock between March 30, 2000, and March 30, 2004. The actions claim that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities. Several class actions have been filed against technology company Micromuse, Inc. (Nasdaq: MUSEE) and certain of its officers and directors by stockholders who purchased the company's common stock between January 20, 2000, and December 29, 2003. The actions claim that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities. The stockholders seek to recover compensatory damages for the loss of value of their stock. When a company misrepresents its value, stockholders who are hurt have the right to go to court. Several class actions have been filed against software provider Portal Software, Inc. (Nasdaq:PRSF) and certain of its officers and directors by stockholders who purchased the company's common stock between May 20, 2003, and November 13, 2003. The actions claim that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities. The class has been certified in several consolidated class actions against Internet consulting firm marchFIRST, Inc., (formerly AMEX:MQ) and certain of its officers and directors by stockholders who purchased the company's common stock between March 23, 2000, and November 20, 2000. The actions claim that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities. If you wish to remain a member of the class, you are not required to do anything at the present time. Several class actions have been filed against mobile satellite communications manufacturer KVH Industries, Inc., (Nasdaq:KVHI) and certain of its officers and directors by stockholders who purchased the company's common stock between January 6, 2004, and July 2, 2004. The actions claim that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities. |
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