IN RE FORTUNE SYSTEMS SECURITIES LITIGATION

No. C-83-3348A WHO.

680 F.Supp. 1360 (1987)

In re FORTUNE SYSTEMS SECURITIES LITIGATION And Related Cases.

United States District Court, N.D. California.

July 6, 1987.


Attorney(s) appearing for the Case

David B. Gold, John W. Allured, San Francisco, Cal., for plaintiffs.

Melvin R. Goldman, Janet M. Cooper, Paul R. Dieseth, Morrison & Foerster, Bruce G. Vanyo, Philip R. Rotner, Douglas Y. Peters, McCutchen, Doyle, Brown & Enersen, San Francisco, Cal., for defendants.


OPINION AND ORDER

ORRICK, District Judge.

There are presently before the Court three motions, plaintiffs' and defendants' cross-motions for partial summary judgment and defendant Fortune Systems Corporation's ("Fortune") motion for judgment on the pleadings. Plaintiff class, purchasers of defendant Fortune's shares made available pursuant to an initial public offering ("IPO") conducted on March 4, 1983,1 allege in their complaint...

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