Jesse P. LIRETTE, Sr., Robert W. Benzinger, Andre Kraiem and Victor Kraiem, on behalf of themselves and all others similarly situated, Plaintiffs,
v.
SHIVA CORPORATION, Frank A. Ingari, Cynthia A. Deysher and David S. Cole, Defendants.
United States District Court, D. Massachusetts.https://leagle.com/images/logo.png
March 26, 1998.
March 26, 1998.
Attorney(s) appearing for the Case
Steven Schulman, Lori G. Feldman, William C. Fredericks, Kim Elaine Miller, David Bershad, Sanford P. Dumain, Milberg, Weiss, Bershad, Specthrie & Lerach, New York City, Arnold Levin, Levin, Fishbein, Sedran & Berman, Philadelphia, PA, Barbara A. Podell, Stuart H. Savett, Savett, Frutkin, Podell & Ryan, P.C., Philadelphia, PA, Lawrence Soicher, Law Offices of Lawrence Soicher, New York City, Richard S. Schiffrin, Andrew L. Barroway, Schiffrin & Craig, Ltd., Bala Cynwyd, PA, David Jaroslawicz, Jaroslawicz & Jaros, New York City, Stephen Moulton, Nancy F. Gans, Moulton & Gans, Boston, MA, for Jesse P. Lirette, Sr., Plaintiff.
Steven Schulman, Lori G. Feldman, William C. Fredericks, Kim Elaine Miller, David Bershad, Sanford P. Dumain, Milberg, Weiss, Bershad, Specthrie & Lerach, New York City, Barbara A. Podell, Stuart H. Savett, Savett, Frutkin, Podell & Ryan, P.C., Philadelphia, PA, Lawrence Soicher, Law Offices of Lawrence Soicher, New York City, Richard S. Schiffrin, Andrew L. Barroway, Schiffrin & Craig, Ltd., Bala Cynwyd, PA, Stephen Moulton, Nancy F. Gans, Moulton & Gans, Boston, MA, for Andre Kraiem, Plaintiff.
Steven Schulman, Lori G. Feldman, William C. Fredericks, Kim Elaine Miller, Milberg, Weiss, Bershad, Specthrie & Lerach, New York City, Barbara A. Podell, Stuart H. Savett, Savett, Frutkin, Podell & Ryan, P.C., Philadelphia, PA, Lawrence Soicher, Law Offices of Lawrence Soicher, New York City, Richard S. Schiffrin, Andrew L. Barroway, Schiffrin & Craig, Ltd., Bala Cynwyd, PA, Stephen Moulton, Nancy F. Gans, Moulton & Gans, Boston, MA, for Victor Kraiem, Plaintiff.
Jeffrey S. Abraham, Milberg, Weiss, Bershad, Specthrie & Lerach, New York City, for Michael Prozan, Morris Satloff, Mark R. Katz, On behalf of themselves and all others similarly situated, Consolidated Plaintiffs.
William H. Paine, Jeffrey B. Rudman, James J. Nicklaus, Hale & Dorr, Boston, MA, for Frank A. Ingari, Cynthia A. Deysher, David S. Cole, Defendants.
United States District Court, D. Massachusetts.
ORDER
YOUNG, District Judge.
The first paragraph of the Complaint in this matter contains general and undifferentiated assertions that the allegations that follow are not only founded on "information and belief," but are also based upon "investigation by plaintiffs' counsel." See Compl. ¶ intro. This is no longer an acceptable approach to pleading. As the Private Securities Litigation Reform Act, Pub.L. No. 104-67, § 101(b), 109 Stat...
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