| Company: | Netopia, Inc. |
| Ticker Symbol: | NASD: NTPA |
| Class Period: | November 6, 2003 to July 6, 2004 |
| Date Filed: | Aug-17-04 |
| Lead Plaintiff Deadline: | Oct-18-04 |
| Court: | Northern District, CA |
| Allegations: |
A lawsuit seeking class action status has been filed in the United States District Court for the Northern District of California (Case No. 04-3364RMW, before Judge Ronald M. Whyte) on behalf of all persons who purchased the publicly traded securities of Netopia, Inc. (Nasdaq: NTPA - News; "Netopia") between November 6, 2003 and July 6, 2004, inclusive (the "Class Period").
The Complaint alleges that Netopia and certain of its officers and directors knowingly or recklessly made a series of material misrepresentations concerning Netopia's earnings, product costs, and sales to its largest customer. Moreover, Defendants and employees of Netopia profited handsomely from those misrepresentations, selling over $9 million of Netopia stock during the Class Period. Netopia is a company that, among other things, develops, markets and supports broadband and wireless (Wi-Fi) products and services, as well as produces server software products that enable remote support and centralized management of installed broadband gateways.
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 alleges that Netopia and certain of its officers and directors knowingly or recklessly made a series of material misrepresentations concerning Netopia's earnings, product costs, and sales to its largest customer. Moreover, Defendants and employees of Netopia profited handsomely from those misrepresentations, selling over $9 million of Netopia stock during the Class Period. Netopia is a company that, among other things, develops, markets and supports broadband and wireless (Wi-Fi) products and services, as well as produces server software products that enable remote support and centralized management of installed broadband gateways.
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.
