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IN RE PERITUS SOFTWARE SERVICES, INC.

No. CIV. A. 98-10578-WGY.

52 F.Supp.2d 211 (1999)

In re PERITUS SOFTWARE SERVICES, INC. SECURITIES LITIGATION.

United States District Court, D. Massachusetts.

June 1, 1999.

Attorney(s) appearing for the Case

Robert Finkel, Wolf Popper Wolf Ross & Jones, Brian Murray, Rabin & Garland, Jonathan M. Plasse, Goodkind, Labaton, Rudoff & Sucharow, LLP, New York, NY, Leo W. Desmond, Law Offices of Leo W. Desmond, West Palm Beach, FL, Frederick W. Gerkens, Wechsler, Harwood, Halebian & Feffer, LLP, New York, NY, Randall Steinmeyer, Reinhardt & Anderson, St. Paul, MN, Nancy F. Gans, Moulton & Gans, LLP, Boston, MA, Stephen Moulton, Moulton & Gans, Boston, Steven Schulman, Paul D. Young, Charles S. Hellman, Milberg, Weiss, Bershad Specthrie & Lerach, Jules Brody, Stull, Stull & Brody, Mark C. Gardy, Abbey Gardy & Squitieri, New York, NY, Thomas G. Shapiro, Shapiro, Grace & Haber, Boston, MA, for Plaintiffs.

John F. Batter, III, Jeffrey B. Rudman, Hale & Dorr, Joseph L. Stanganelli, Hale & Dorr, D. Lloyd Macdonald, Kirkpatrick & Lockhart, Robert J. Muldoon, Jr., Sherin & Lodgen, John C. LaLiberte, Sherin & Lodgen, David A. Brown, Sherin & Lodgen LLP, Peter M. Saparoff, Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, P.C., Boston, MA, for Defendants.

MEMORANDUM AND ORDER

YOUNG, Chief Judge.

I. Introduction

This securities fraud class action is brought on behalf of all persons (the "Class") who purchased common stock of Peritus Software Services, Inc. ("Peritus") during the time period from October 22, 1997 through October 26, 1998 (the "Class Period") under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act"). The defendants in this action are Peritus...

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