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Leff, Et Al. V. Computer Associates International, Inc., Et Al. 98-CV

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Leff, Et Al. V. Computer Associates International, Inc., Et Al. 98-CV . 'Rev 12,s61 CIVIL COVER SHEFTT-T 6, in trie si-44 cm cam from NV re efotynsion cualoirml rowan nofrir formai, rof ouDDIOTNI Pt lijniAla forredroffeocookno cs mer 98 eV Ion *owl El roaniod troy 1004 omilot 01 CO,p1 nos troL apFromd ov to Area.' Carierarot 01* 1 I/74 a els ctery ca 00,4 1ga 2711 [Ancor of mason; rya ow dour iron ISIII NSTIVCTIONS ON ME a le4WIT/ITNifirgriC1 1. (a) pLAthrnFvs DEFENDANTS ' . LIale-s elZ Robert Leff Computer Assoc tesi.,Jnte144onal, Inc. 30 West 61st Street, Apt. 21B Charles B. Wang,Sajpga 3 rland New York, NY 10023 Charles P. McWade,--.--.A. kJ:, v. ,,...- . 417) caper. at ofsdotoct at 74141 .47ED nmorrwe New York coodry *0 11tainENZI or &ow won ooFiNoOor- IEXCEFrf IN U.S PLAINTIFF CASES] (IN U.S PLAINTIFF CASES p , No n svpsuoz commooN.4 nolo cAso a I..rjf :NG I. : rabic r oF 6.4•40 twoLvto .- (C) meow% or ftirrt. goats& enCt 704100.1 Krala111 Arromanal, MOW ' - -• - - ' '" :7 4' Jeffrey A. Klafter .--- .,- Bernstein Litowitz Berger & Grossma nI.. LLP • • • : ,-- 1285 Avenue of the Americas, NY, NY 10019 /I r-) — H. BASIS OF JURISDICTION "Am 141 -5- P', CPIt lag coin UL CITIZENSHIP OF PRINCIPALRARTIES ove.a AN -a- B. co4 wiz ces P-"..1" • IF prormy Caws Orayi AND ale mo ono ookhoo.or ' PIP DEP PIP DEP 1:1 1 us GokoNionsof CO Panora OP.orsoon Gomm af Tin SW 0' 0 1 .4•0:4007a11741 Of PIanaVall ROM 0 . 0. 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NATURE OF SUIT rPLACZ hP4 lr Di ONE Dor om.r) TORTS PaRFETTUREMENALTT— aRnizRI—TPTCY- 1—OTHER STAILTTES , CCINTRACT ' O Hs 1 POSIIIIILNIANIT 4141444141.444/777 a Ise kvarbas C Au war so Laic lia 0 as Sao Bortmome...• 0 rim mown laree C Ma 4100,0 a 21a l'amnalleft •• C los cam Am & ohl 3 4$4 amInia 0 sib Mee Aci 0 I. ;wow "ran WI 1111150•11 0 17111 oOn 112m71 Wu* 0 411 Immu+n 0 45 Iwo sow 116~I 0 1141 wiiisais• rolawais treat - 3 sat Wood mei - cl 1•1=1,51 6110•1•1 51511C IP 0 ma cumenwec Orermr. O lio Norm oanniowi I C No &n=1.4.Loo. & rouNct UMW 0 Bp tows lam. 0 447 Copearou a 2.41ownnm e d iripwl Swam 0 ria Poems 0~4 o lc i il 55 & 15•11 ,. PROPERTY RiGNTS 0 UV 11=2•Easellnep•014 me oft" lama bore amp. Con117019manowe DI" %ma* 50 0 DM Amos f.•••••• l wow a ,a, 0 1710041,44LSam 0 A/ aszval, r Or POssilog =We 0 44a Conunn=41 0 Ma lora 0 We m4 Wow Slum@ 'AM 0 V* ragas 44144174711. 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Irmo 0 0 121 11moihra 0 era IRIPIRIMIO 1 0 no miaow ue• Au FEDERAL Tax sums LEON tow ammo a ori•or - IN 1 144 010mime IleCams 111000100e. 0 C •=1 WM. 4 10/24.4.4 I 0 1.4 1.huarhavoiroi.4 . CI Azo Core= C too sowo um i155155 au•I5 NAM 0 /14 01111 14•11~km 0 2,2 %mg itaa nape. olo. Irmo OMa 7141 Imam urner Z 114 Maim a 140 /010101•1 lb MI al Onlimair11 0 SW Com 9••••y Amos 10 SI 41 Cow 7.0 rower 0 ma cli ° M 0- •15 Oa oars 0 SIMI 11N. 11Z caue O yll Swastp Oa 0 en se - WOO PIM ' • D U Para Cmullre 1111.11C ME VI. CAUSE OF ACTION len 114 y 6 Om Elgovsl wow vow,. tau aeloruic Ammon IMF ITamoon at cdo.aK to •onoof cleVrouso.000 aloven This action arises underiffturtns 10 (b) and 20(a) of the Exchange Act, 15 U. S .C. §§78j (b) , 78t (a) , and Rule 10b-5 promulgated thereunder by the Securities and Exchange Commission for material misrepresentations an d 77174 c/c0 00 Pr the. inyesti ng prIai 4 e. O4ECN YES DT, I aeryloyouci in comparii VII. REOuESTED IN crieolc IF naS IS A CLASS ACTION DEMAND $ COMPLAINT I 1 LINDER FR C P Z1 To be determined JURY DEMAND: Itmm z "c 1. 4111.RELATEO CASE(S) *at rpm:WM. .+JDod Occoo MAME la IF ANY .--- O en elowerusle oF Arra:way oF NM= February 27, 1998 / /(ked /r 111501,5:1 ME Mr I lUCEPT • Amour? ArlovromG 015., JUDGE %PAO .7..0131 - ' f • I ARBITRATION CERTIFICATION I. Jeffrey A. Klafter . counset for Robert Leff do hereby certify pursuoni to the Local Arbitration Rule Section 3(c). that le the best of ins lutowledee and belief the damages recoverable in thc ;item c captioned Cr% LI action tweed the sum or Sluusiou e‘ctusive 1 soleast and costs Relief other than monetary damages is sought. • • -I.,. I SCr.OSIIRE 1F INTERESTED PARTIES- LOCAL RULE 9 Identify any corporate parents. subsidiaries or affiliates of named conxirate panics-. None— Did the cause arise in Nassau or Suffolk County Yes of If vou answered yes, please indicate which county Suffolk County of residence of plaintiffs) (1) New York (2) (3) County of residence of defendant(s) (1) q,,,f F. k .(2)- (3) I am currently admitted in the Eastern District of New York and currently a member in good . standing of the bar of this court • _ Yes Are you currently the subject of any disciplinary action(s) in this or any other state or federal court? - Yes (lf yera, please explain) No X Plain provide your E-MAIL Addrcss arid bar code below Your bar code ccrisist of the =dab of your first and last name and the last foie digits of your social security number or any other four digit number registered by the anonacy with the Clerk of Court (This information Mani be provided pursuant to local rule 11.1(b) of the civil rules) ATTORNEY RAR. coot, <-O953 &hum; ADDREss JAK@blhglaw. c om • k. • 14946 UNITED STATES DISTRICT COURT cv 9iN EASTERN DISTRICT OF NEW YORK ..:(5) • " ROBERT LEFF, On Behalf Of Himself "-!64i% And All Others Similarly Situated, • P.) 7-71 • . Lei — Plaintiff CLASS ACTION C FOR VIOLATI*ON.4.-QE v. FEDERAL SECIJRIT.IFS S to, • • COMPUTER ASSOCIATES INTERNATIONAL,: Plaintiff Demands':ii"- INC., CHARLES B. WANG, SANJAY KUMAR, : Trial,Byjury and CHARLES P. McWADEr Defendants. - -x All allegations made in this complaint are based on information and belief, except those • allegations that pertain to the named plaintiff and his counsel, which are based on personal knowledge. Plaintiffs information and belief is based, inim Alia, on the investigation made by - - _ and through his attorneys. NATURE OF THE ACTION I. Plaintiff brings this federal securities fraud class action on behalf of himself and - all purchasers of Computer Associates International, Inc. ("Computer Associates" or the - - "Company") common stock during the period January 27, 1998 through and including February 11, 1998 (the "Class Period"), seeking damages for injuries caused by defendants' wrongful conduct. - 2. On January 21, 1998, the price of Computer Associates common stock fell nearly 7 10% and closed at $47.25 per share following its announcement the night before that its sales of client-server products, during its third fiscal quarter ended December 31, 1997, failed to achieve - - - , expected growth . In an effort to reverse this decline and reassure the investment community that • .. their concerns as to Computer Associates' growth prospects were unfounded, defendants dispatched Computer Associate? CEO, defendant Sanjay Kumar ("Kumar"), to hold a series of • . meetings with securities analysts and investors commencing on January 27, 1998. During these - - meetings, defendant Kumar assured the investment community that the Company's financial - condition and business prospects were sound and falsely stated that the Company was not planning any significant business acquisitions. As a direct result of Kumar's statements during these meetings, Computer Associates common stock began its rOmmd on January 27, 1998 and continued to do so during the s Period, reaching a high of $58 1/16 per share on February 10, f 1998.
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