IN RE SOFTWARE TOOLWORKS, INC. SECURITIES LIT.

No. C-90-2906 FMS.

789 F.Supp. 1489 (1992)

In re SOFTWARE TOOLWORKS, INC. SECURITIES LITIGATION. This document relates to All Actions.

United States District Court, N.D. California.

March 30, 1992.


Attorney(s) appearing for the Case

Alan Schulman, William S. Lerach, Milberg Weiss Bershad Specthrie & Lerach, San Diego, Cal., Sherrie R. Savett, Berger & Montague, P.C., San Francisco, Cal., Catherine A. Sullivan, for plaintiff Richard B. Dannenberg.

Alan Schulman, Milberg Weiss Bershad Specthrie & Lerach, San Diego, Cal., Sherrie R. Savett, Berger & Montague, P.C., San Francisco, Cal., Max W. Berger, Bernstein Litowitz Berger & Grossmann, New York City, for plaintiffs Mindy Blitz, Eugene Costiglio, Kenneth H. Ross, Homer Fleisher, Steven G. Cooperman, Nathaniel Orme, Ervin H. Fishman, Frederick Wertheimer, Barbara Wertheimer, William J. Bing, Arlene Bing, Anthony D. Shapiro, William Dulude, H.N. Brown, Jr., David E. Lockrow, Karl E. and Lucille C. Bauman and Jack Schnitzer.

Michael L. Zigler, Morrison & Foerster, San Francisco, Cal., for defendants Software Toolworks Inc., Leslie Crane, Elizabeth M. Barker, Joseph Abrams, Norman Worthington, Walter Bilofsky, Michael E. Duffy, Roger M. Buoy and Michael L. Noel.

Perry A. Irvine, Irvine & Cooper, Palo Alto, Cal., for Judson Mitchell.

Bruce G. Vanyo, Wilson Sonsini Goodrich & Rosati, Palo Alto, Cal., for defendants PaineWebber, Inc. and Montgomery Securities.

Philip R. Rotner, Karen Kennard, McCutchen Doyle Brown & Enersen, Michael L. Zigler, Morrison & Foerster, San Francisco, Cal., for defendant Deloitte & Touche.


ORDER REGARDING SUMMARY JUDGMENT CROSS-MOTIONS

FERN M. SMITH, District Judge.

In this securities class action, class plaintiffs ("Plaintiffs"), defendant underwriters Montgomery Securities and PaineWebber, Inc. ("Underwriters") and defendant auditor Deloitte & Touche ("Deloitte"), move the Court for summary judgment or partial summary judgment as follows:

(1) Plaintiffs move for partial summary judgment against the Underwriters as to liability...

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