IN RE GUPTA CORP. SECURITIES LITIGATION

C 94-1517 FMS.

900 F.Supp. 1217 (1994)

In re GUPTA CORPORATION SECURITIES LITIGATION.

United States District Court, N.D. California.

December 6, 1994.


Attorney(s) appearing for the Case

Blake M. Harper, Alan Schulman, William S. Lerach, Milberg Weiss Bershad Hynes & Lerach, San Diego, CA, Robert N. Kaplan, Kaplan Kilsheimer & Fox, New York City, Kevin M. Prongay, Prongay & Mikolajczyk, Pacific Palisades, CA, Mark Solomon, Los Angeles, CA, for plaintiff Jafar Hooman.

Jonathan S. Kitchen, Baker & McKenzie, San Francisco, CA, James L. Quarles, III, Geoffrey S. Stewart, Daniel Levin, Hale and Dorr, Washington, DC, for defendants Umang P. Gupta, Gupta Corporation, Nicholas Birtles, Richard J. Heaps, Richard M. Noling, D. Bruce Scott, Reed D. Taussig.

Terry T. Johnson, Aileen L. Arrieta, Tanya R. Meyers, Wilson Sonsini Goodrich & Rosati, Palo Alto, CA, for defendants Kanwal Rekhi, Novell Inc., Douglas Carlisle, Anthony Sun.

Barbara E. Small, Brenda G. Woodson, Oracle Corporation, Redwood City, CA, for third-party defendant Oracle Corporation.


ORDER GRANTING DEFENDANTS' MOTIONS TO DISMISS IN PART AND DENYING DEFENDANTS' MOTION TO DISMISS IN PART; ORDER DENYING PLAINTIFFS' MOTION TO STRIKE

Introduction

FERN M. SMITH, District Judge.

Plaintiffs in this securities fraud class action suit allege that defendants have violated Sections 10(b), 20(a), and 20A(a) of the Securities Exchange Act of 1934 (the "1934 Act"), 15 U.S.C. §§ 78j(b), 78t(a), 78t-1(a). Plaintiffs bring this...

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