Merix Corporation Obtains Dismissal of Federal Class Action Securities Complaint
29 September 2006 - 2:24AM
Business Wire
Merix Corporation (NASDAQ:MERX) today announced that the second
amended complaint in the securities class action lawsuit (In re
Merix Corporation Securities Litigation, U.S. District Court Case
No.�CV�04-826-MO) filed against Merix, its directors and four of
its officers has been dismissed with prejudice. The litigation was
originally filed on June 17, 2004, alleging violations of federal
securities laws. Merix filed a motion to dismiss in March 2005,
which was granted in September 2005 without prejudice to the
plaintiffs' right to re-file. The plaintiffs filed their second
amended complaint in November 2005, and Merix again moved to
dismiss. The motion to dismiss was granted with prejudice on
September 28, 2006. About Merix Merix is a leading global
manufacturer of technologically advanced, multilayer, rigid printed
circuit boards for use in electronic equipment. Merix provides
quick-turn prototype, pre-production and volume board production to
its customers. Principal markets served by Merix include data
communications and wireless telecommunications, automotive,
high-end computing, and test and measurement end markets in the
electronics industry. Additional corporate information is available
on the Internet at www.merix.com. Merix Corporation (NASDAQ:MERX)
today announced that the second amended complaint in the securities
class action lawsuit (In re Merix Corporation Securities
Litigation, U.S. District Court Case No. CV 04-826-MO) filed
against Merix, its directors and four of its officers has been
dismissed with prejudice. The litigation was originally filed on
June 17, 2004, alleging violations of federal securities laws.
Merix filed a motion to dismiss in March 2005, which was granted in
September 2005 without prejudice to the plaintiffs' right to
re-file. The plaintiffs filed their second amended complaint in
November 2005, and Merix again moved to dismiss. The motion to
dismiss was granted with prejudice on September 28, 2006. About
Merix Merix is a leading global manufacturer of technologically
advanced, multilayer, rigid printed circuit boards for use in
electronic equipment. Merix provides quick-turn prototype,
pre-production and volume board production to its customers.
Principal markets served by Merix include data communications and
wireless telecommunications, automotive, high-end computing, and
test and measurement end markets in the electronics industry.
Additional corporate information is available on the Internet at
www.merix.com.
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