SCHWARTZ v. SYSTEM SOFTWARE ASSOCIATES, INC.

No. 91 C 1154.

813 F.Supp. 1364 (1993)

Lynne A. SCHWARTZ, Plaintiff, v. SYSTEM SOFTWARE ASSOCIATES, INC., Roger E. Covey, and David L. Harbert, Defendant.

United States District Court, N.D. Illinois, E.D.

February 12, 1993.


Attorney(s) appearing for the Case

Ronald L. Futterman, Steven P. Schneck, Futterman & Howard, Chtd., Chicago, IL, I. Stephen Rabin, Joseph P. Garland, Law Offices of I. Stephen Rabin, New York City, for Lynne A. Schwartz.

Joel S. Feldman, Lowell E. Sachnoff, Sachnoff & Weaver, Ltd., Chicago, IL, for System Software Associates, Inc., Roger E. Covey, David L. Harbert.


MEMORANDUM OPINION

BRIAN BARNETT DUFF, District Judge.

This case comes before the court on Defendants' motion for summary judgment. Defendants argue that Plaintiff has not put forth any evidence to support her claim of "fraud on the market," and that merely asserting that the Defendants' affidavits are not credible is insufficient to withstand a summary judgment motion. Plaintiff, in turn, asserts that the Defendants' own written internal profit forecasts...

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