| Ongoing Cases |
Celera Corporation,
| Frontier Financial Corporation,
| ALC Partner Inc. (dba American Laser Centers),
| Addus HomeCare Corporation,
| Fuqi International, Inc.,
| Cell Therapeutics, Inc.,
| Medivation, Inc.,
| Ormat Technologies, Inc.,
| Kohlberg Capital Corporation,
| CRM Holdings, Ltd.,
| Koss Corporation,
| Rentech, Inc.,
| State Street Corporation,
| Northwest Pipe Company,
| SunPower Corporation,
| Zale Coporation,
| STEC, Inc.,
| The9 Limited,
| RH Donnelley Corporation,
| Hansen Medical, Inc.,
| Sturm, Ruger & Company, Inc.,
| UCBH Holdings, Inc.,
| Immersion Corporation,
| Repros Therapeutics Inc.,
| Align Technology, Inc.,
| Accuray Incorporated,
| Huron Consulting Group, Inc.,
| Genzyme Corporation,
| Bare Escentuals, Inc.,
| Caraco Pharmaceutical Laboratories, Ltd.,
| Idearc, Inc.,
| Sequenom, Inc.,
| Liz Claiborne, Inc.,
| Prudential Financial, Inc.,
| Zynex, Inc. (formerly Zynex Medical Holdings, Inc.),
| Corus Bankshares, Inc.,
| Insight Enterprises, Inc.,
| Century Aluminum Company,
| Heartland Payment Systems, Inc.,
| Rochester Fund Municipals / Oppenheimer Funds, Inc.,
| American Express Company,
| Emcore Corporation,
| Level 3 Communications, Inc.,
| Rackable Systems Inc.,
| Satyam Computer Services Limited,
| Horizon Lines, Inc.,
| Integral Systems, Inc.,
| AtriCure Inc.,
| GSI Group, Inc.,
| UBS Financial Services, Inc.,
| General Growth Properties, Inc.,
| SouthWest Water Company,
| Anadigics, Inc.,
| Daktronics, Inc.,
| Pilgrim's Pride Corporation,
| Cadence Design Systems, Inc.,
| Thornburg Mortgage, Inc.,
| Hardinge Inc.,
| Oshkosh Corporation,
| AuthenTec, Inc.,
| Carter's, Inc.,
| The Spectranetics Corporation,
| Quest Energy Partners L.P. / Quest Resource Corporation,
| Novatel Wireless, Inc.,
| The Goldman Sachs Group, Inc.,
| Camtek Ltd.,
| SiRF Technology Holdings Inc.,
| American Dental Partners, Inc.,
| SunOpta Inc.,
| CROCS, Inc.,
| BankAtlantic Bancorp, Inc.,
| E*TRADE Financial Corporation,
| Qiao Xing Universal Telephone Inc.,
| Jones Soda Co.,
| Heelys, Inc.,
| American Home Mortgage Investment Corp.,
| 21st Century Holding Company,
| Xinhua Finance Media Limited,
| Shuffle Master, Inc.,
| Netlist, Inc.,
| Dendreon Corporation,
| Telik, Inc.,
| Accredited Home Lenders Holding Co.,
| Worldspace, Inc.,
| NovaStar Financial, Inc.,
| New Century Financial Corp.,
| Alvarion Ltd.,
| Powerwave Technologies, Inc.,
| Hornbeck Offshore Services, inc.,
| TOP Tankers, Inc.,
| Hansen Natural Corporation,
| Bodisen Biotech, Inc.,
| Loudeye Corp.,
| Xethanol Corporation,
| Encysive Pharmaceuticals Inc.,
| Juniper Networks, Inc.,
| Vonage Holdings Corporation,
| InfoSonics Corporation,
| Home Solutions Of America, Inc.,
| PXRE Group Ltd.,
| Escala Group, Inc.,
| First Trust Corporation,
| China Energy Savings Technology, Inc.,
| GlobeTel Communications Corp.,
| St. Jude Medical, Inc.,
| XM Satellite Radio Holdings Inc.,
| Fairfax Financial Holdings Limited,
| Newpark Resources, Inc.,
| The Estée Lauder Companies, Inc.,
| The Cooper Companies, Inc.,
| Merge Technologies, Inc. (d.b.a. Merge Healthcare),
| Chicago Bridge & Iron Company N.V.,
| Micron Technology, Inc.,
| Dot Hill Systems Corporation,
| Impac Mortgage Holdings, Inc.,
| FARO Technologies, Inc.,
| Helen of Troy, Ltd.,
| SeraCare Life Sciences, Inc.,
| Interlink Electronics, Inc.,
| Pixar,
| Barrier Therapeutics, Inc.,
| Tempur-Pedic International, Inc.,
| Arbinet-thexchange, Inc.,
| Refco, Inc.,
| DHB Industries, Inc.,
| Lipman Electronic Engineering, Ltd.,
| Boston Scientific Corporation,
| World Health Alternatives, Inc.,
| Immucor, Inc.,
| Symbol Technologies, Inc.,
| Patterson Companies, Inc.,
| Mannatech, Inc.,
| Trex Company, Inc.,
| OCA, Inc.,
| Navarre Corporation,
| Pemstar, Inc.,
| Newmont Mining Corporation,
| Magma Design Automation, Inc.,
| Cray, Inc.,
| R&G Financial Corporation,
| Harley-Davidson, Inc.,
| DreamWorks Animation SKG, Inc.,
| Possis Medical, Inc.,
| Collins & Aikman Corporation,
| Xybernaut Corporation,
| Doral Financial Corp.,
| Gravity Company, Ltd.,
| Friedman, Billings, Ramsey Group, Inc.,
| Tribune Company,
| Petco Animal Supplies, Inc.,
| Blue Coat Systems, Inc.,
| MBIA Inc.,
| Delphi Corporation,
| Sierra Wireless, Inc.,
| Forest Laboratories, Inc.,
| SINA Corporation,
| Audible, Inc.,
| eSpeed, Inc.,
| Pharmos Corporation,
| OfficeMax, Inc.,
| EPIX Pharmaceuticals, Inc.,
| Gander Mountain Company,
| Taser International, Inc.,
| Praecis Pharmaceuticals, Inc.,
| Autobytel, Inc.,
| Dobson Communications Corporation,
| UTStarcom, Inc.,
| First Virtual Communications, Inc.,
| Chiron Corporation,
| AXT, Inc.,
| InterActive Corp (IAC),
| Zix Corporation,
| PetMed Express, Inc.,
| STAAR Surgical Company,
| Team Telecom International Ltd.,
| Allied Waste Industries, Inc.,
| Commerce Bancorp, Inc.,
| Thoratec Corporation,
| The St. Paul Travelers Companies, Inc.,
| Biolase Technology, Inc.,
| Corinthian Colleges, Inc.,
| Taro Pharmaceutical Industries, Ltd.,
| Yukos Oil Company,
| Cross Country Healthcare, Inc.,
| Netflix, Inc.,
| salesforce.com, inc.,
| Shaw Group, Inc.,
| Red Hat, Inc.,
| Cardinal Health, Inc.,
| Idacorp, Inc.,
| Genta Inc.,
| Abatix Corporation,
| Vaso Active Pharmaceuticals, Inc.,
| Nokia Corporation (Nokia OYJ),
| Siebel Systems, Inc.,
| Winn-Dixie Stores, Inc.,
| Allianz Dresdner Asset Management of America L.P.,
| FleetBoston Financial Corporation,
| Franklin Resources, Inc.,
| Deutsche Bank AG,
| Micromuse, Inc.,
| Adecco SA,
| Marsh & McLennan Companies, Inc.,
| Biovail Corporation,
| Watson Pharmaceuticals, Inc.,
| MFS Investment Management,
| Morgan Stanley,
| Putnam Funds,
| PBHG Mutual Funds,
| Gilead Sciences, Inc.,
| Alkermes, Inc,
| Alliance Capital Management,
| Emerson Radio Corporation,
| Janus Capital Group, Inc.,
| SureBeam Corporation,
| Heritage Municipal Bonds,
| Quest Software, Inc.,
| Read-Rite Corporation,
| Cree, Inc.,
| Tyco International, Ltd.,
| Administaff, Inc.,
| InterMune, Inc.,
| Guidant Corp.,
| Blue Rhino Corp.,
| Freddie Mac,
| UnumProvident Corporation,
| eUniverse, Inc.,
| Intrepid Potash, Inc.,
| Allou Healthcare, Inc.,
| Avery Dennison Corp.,
| Pharmacia Corporation,
| NorthWestern Corporation,
| Skechers USA, Inc.,
| Acclaim Entertainment Inc.,
| Solectron Corporation,
| Conseco, Inc.,
| Monterey Pasta Company,
| AmeriCredit Corp,
| ADC Telecommunications,
| Atmel Corporation,
| ClearOne Communications, Inc.,
| ECI Telecom, Ltd.,
| Corvis Corporation,
| Infonet Services Corp.,
| King Pharmaceuticals,
| Lason, Inc.,
| Michaels Stores, Inc.,
| Musicmaker.com, Inc.,
| Nanophase Technologies Corp.,
| Procom Technology, Inc.,
| Ramp Networks, Inc.,
| Sawtek, Inc.,
| Simon Transportation Services, Inc.,
| Veritas Software Corporation,
|
|
| Level 3 Class Action Lawsuit | Level 3 Communications, Inc.,
| | This action is brought on behalf of all persons or entities who purchased or otherwise acquired the securities of Level 3 Communications, Inc. during the period February 8, 2007 through October 23, 2007, inclusive (the “Class Period”). The Complaint charges Level 3 Communications and certain of the Company’s executive officers with violations of federal securities laws. The Complaint alleges that throughout the Class Period defendants failed to disclose that, among other things: (1) the Company’s efforts to integrate numerous acquired companies were not going well; (2) specifically, the Company was experiencing an increase in service activation times, which was negatively impacting the Company’s service installation intervals and rate of revenue growth; (3) the Company was experiencing challenges in its service management processes that were resulting in longer response times to resolve customer’s network service issues; (4) steps taken by the Company to remedy the problems were not working and actually, further complicating the issues and making them worse; (5) as a result of the above, the Company did not have adequate provisioning capability to convert its increasing sales, or signed orders, into revenue generating service. |
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| Glancy Binkow & Goldberg LLP | | 1801 Ave. of the Stars | | Suite 311 | | Los Angeles, CA 90067 | | tel: (310) 201-9150 | | fax: (310) 201-9160 | | info@glancylaw.com |
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