| Company: | Caprius, Inc. |
| Ticker Symbol: | OTC BB: CAPR.OB |
| Class Period: | February 14, 2000 to June 25, 2002 |
| Court: | District, NJ |
| Case No: | 02cv4576 |
| Date Filed: | Sep-20-02 |
| Allegations: |
Caprius completed a merger on June 28, 1999, through which they acquired 45.6% ownership of Caprius -- equivalent to 6,178,978 million shares of Caprius' common stock.
Once they gained control of Caprius, they allegedly breached their fiduciary duties to Caprius and its shareholders by disseminating false and misleading statements concerning Caprius' business, operations, and financial results for fiscal 1999, 2000, 2001, and portions of fiscal 2002.
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