| Company: | Harvest AirPime LLC, Harvest Storage Technology Group LLC and Woodcarvers Limited LLC |
| Ticker Symbol: | |
| Class Period: | November 20, 1998 to December 31, 2003 |
| Date Filed: | Aug-07-04 |
| Lead Plaintiff Deadline: | Oct-06-04 |
| Court: | Central District, CA |
| Allegations: |
A class action has been filed in the United States District Court, Central District of California on behalf of purchasers of membership interests in Harvest AirPime LLC, Harvest Storage Technology Group LLC and Woodcarvers Limited LLC (the "Companies") during the period from November 20, 1998 through December 31, 2003, inclusive (the "Period"). The Companies were conduits for investments in Chaparral Network Storage, Inc. and AirPrime, Inc.
The complaint charges Robert T. Harvey, Timothy Smoot, the Companies, Sierra Wireless America, Inc. (formerly AirPrime, Inc.), Chaparral Network Storage Inc., as well as certain former officers and directors and related companies and affiliates with violating Section 10b of the Securities Exchange Act of 1934, breach of fiduciary duty, and other state law causes of action for allegedly failing to disclose material information concerning investments in the Companies, including the fact that Robert Harvey, the broker for the securities and manager of the Companies had prior fraud related convictions and was to receive undisclosed compensation for his role in the offerings. As a result of this conduct, according to the complaint, investors in the Companies suffered damages during the Period.
Pursuant to 15 U.S.C. sec. 78u-4(a)(B)(iii), not later than 60 days after today, any purchaser of the Companies' securities during the Period may move the court to serve as lead plaintiff in the action.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.
The complaint charges Robert T. Harvey, Timothy Smoot, the Companies, Sierra Wireless America, Inc. (formerly AirPrime, Inc.), Chaparral Network Storage Inc., as well as certain former officers and directors and related companies and affiliates with violating Section 10b of the Securities Exchange Act of 1934, breach of fiduciary duty, and other state law causes of action for allegedly failing to disclose material information concerning investments in the Companies, including the fact that Robert Harvey, the broker for the securities and manager of the Companies had prior fraud related convictions and was to receive undisclosed compensation for his role in the offerings. As a result of this conduct, according to the complaint, investors in the Companies suffered damages during the Period.
Pursuant to 15 U.S.C. sec. 78u-4(a)(B)(iii), not later than 60 days after today, any purchaser of the Companies' securities during the Period may move the court to serve as lead plaintiff in the action.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.
If you feel you qualify for damages or remedies that might be awarded in this class action please fill in our form on the right to submit your complaint.
If your injustice does not match the complaint described above, please use this form to register your complaint. Thank you.
