Interspeed definition

Interspeed or the “Company”) common stock and failed to disclose that because of concerns regarding the Company’s accounting practices and operating condition, the stock should be sold short. Plaintiffs further allege that these analyst reports contributed to the artificial inflation of the price of Interspeed common stock, which would have fallen had ▇▇▇▇▇▇▇’▇ true opinion been published. On December 4, 2003, ▇▇▇▇▇▇▇▇▇▇ moved to dismiss this action. Plaintiffs filed briefs opposing this motion on January 16, 2004. Briefing was completed on January 30, 2004 with Defendants’ Reply Memorandum of Law in further support of the motion to dismiss. On September 20, 2004, the Court denied Defendants’ Motion to Dismiss the action. Subsequent to the decision, Plaintiffs issued discovery requests to Defendants, and Defendants issued Document Requests and Interrogatories to Plaintiffs. In response thereto, Defendants produced thousands of pages of documents, including deposition transcripts of Wahlman and other materials produced to regulatory agencies. In addition, Plaintiffs deposed Wahlman, and produced to defendants documents concerning their investments in Interspeed. Plaintiffs’ Lead Counsel and counsel for the Defendants have engaged in substantial arm’s- length negotiations in an effort to resolve the Litigation, including conducting numerous telephone conferences and in person negotiations during which the terms of any agreement were extensively debated and negotiated. The Defendants state that they vigorously deny that they committed any violations of the federal securities laws, deny all charges and allegations asserted against them, and disclaim any wrongdoing or liability whatsoever, but have agreed to the compromise and settlement of the Litigation subject to the terms and conditions set forth herein solely to avoid the substantial burden, expense and uncertainties that would be involved in protracted litigation, and to terminate the Released Claims against them. Plaintiffs state that they have agreed to settle their claims and those of the Settlement Class upon the terms and provisions set forth herein and as a result of extensive investigation and thorough research of the law applicable to the claims underlying the Litigation; after balancing the substantial benefits that Plaintiffs and the Settlement Class will receive from the settlement against the uncertain outcome, risks, difficulties, and delays of litigation, in general, and in complex actions such as this...
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Examples of Interspeed in a sentence

  • Insurance shall be provided by Interspeed at Cabletron's expense, on units of the Products while in transit unless otherwise instructed by Cabletron.

  • If any Interspeed Product is in the opinion of Interspeed likely to or does become the subject of a claim for infringement, Interspeed may, at its sole option, procure for Cabletron the right to continue using such Interspeed Product or modify it to become non-infringing.

  • Notwithstanding the above, Cabletron may assign its rights and obligations under this Agreement without the written consent of Interspeed to a corporation succeeding to substantially all the assets and business of Cabletron, which corporation shall expressly assume all of Cabletron's obligations under this Agreement by a written notice delivered to Interspeed.

  • Cabletron authorizes Interspeed to file a copy of this Security Agreement or a financing statement with the appropriate state authorities at any time thereafter as a financing statement in order to perfect Interspeed's security interest.

  • DBA MARTECH a corporation APPROVED AS TO SURETY: By "PRINCIPAL" APPROVED AS TO FORM: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ OFFICE OF THE CITY ATTORNEY By ATTORNEY-IN-FACT By CITY ATTORNEY ::odma\grpwise\cos.mud.mud_library:Doc# KNOW ALL MEN BY THESE PRESENTS: That we, Mechanical Analysis/Repair, Inc.

  • The exercising Investor shall, within 10 days, deliver a copy of such Notice of Exchange to all other Investors.

  • Interspeed represents that the price charged for the Products purchased hereunder by Cabletron are, when viewed as a whole, comparable to the lowest prices charged by Interspeed to buyers of a class similar to Cabletron purchasing in comparable quantities and circumstances and under similar terms and conditions.

  • To the extent that the Territory is within the United States, Cabletron acknowledges that Interspeed shall deliver the Products to Cabletron in the United States and Cabletron shall not export the Products except as permitted by all applicable laws and regulations, including the Export Administration Act and the regulations issued thereunder by the United States Department of Commerce, Offices of Export Administration.

  • In the event of a warranty claim under Section 6.1 or 6.3, Cabletron may return the defective Interspeed Product pursuant to the Interspeed Return Material Authorization process to Interspeed for repair or replacement, at Interspeed's option.

  • Within thirty (30) days after Cabletron provides written notification to Interspeed of an invoice dispute, Interspeed shall provide Cabletron documentation evidencing the propriety of its position and the correctness of its invoice charges.