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STEINER v. TEKTRONIX, INC.

Civ. No. 90-587-JO.

817 F.Supp. 867 (1992)

William STEINER, on behalf of himself and all others similarly situated, Plaintiff, v. TEKTRONIX, INC., et al., Defendants.

United States District Court, D. Oregon.

August 17, 1992.

Attorney(s) appearing for the Case

Edward P. Dietrich, Wolf Haldenstein Adler Freeman & Herz, New York City, Francis M. Gregorek, Wolf Haldenstein Adler Freeman & Herz, William S. Lerach, John W. Jeffrey, Milberg Weiss Bershad Specthrie & Lerach, San Diego, CA, Henry Kantor, Kantor & Sacks, Portland, OR, for plaintiff.

Lois O. Rosenbaum, Barnes H. Ellis, Stoel Rives Boley Jones & Grey, Portland, OR, for defendants.

OPINION AND ORDER

ROBERT E. JONES, District Judge:

Federal securities laws are intended to provide investors with full disclosure of stock information and protection against fraud, not to insulate them from stock market fluctuations. That sort of insulation is precisely what plaintiff, representing the class of shareholders, is seeking in this action. Because he has failed to come forward with facts showing a genuine issue for trial on his allegations of...

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