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FITZER v. SECURITY DYNAMICS TECHNOLOGIES, INC.

No. CIV.A.98-12496-WGY.

119 F.Supp.2d 12 (2000)

Lori FITZER, individually and on behalf of all others similarly situated, Plaintiff, v. SECURITY DYNAMICS TECHNOLOGIES, INC., Charles R. Stuckey, Jr., John Adams, D. James Bidzos, Arthur W. Coviello, Jr., Marian G. O'Leary, and George Middlemas, Defendants.

United States District Court, D. Massachusetts.

September 28, 2000.

Attorney(s) appearing for the Case

Nancy F. Gans, Moulton & Gans, LLP, Dimitry S. Herman, William H. Paine, Jeffrey B. Rudman, Hale & Dorr, Boston, MA, for defendants.

Stephen Moulton, Moulton & Gans, Boston, MA, Samuel H. Rudman, Steven G. Schulman, Michael A. Swick, Milberg, Weiss, Bershad Specthrie & Lerach, New York, NY, Randall Steinmeyer, Reinhardt & Anderson, St. Paul, MN, for plaintiff.

MEMORANDUM AND ORDER

YOUNG, Chief Judge.

I. INTRODUCTION

This is a putative class action alleging violations of the Securities Exchange Act of 1934 ("the Exchange Act") by Security Dynamics Technologies, Incorporated ("Security Dynamics") and six individual defendants. The plaintiff Lori Fitzer ("Fitzer"), acting on behalf of herself and all others similarly situated, alleges violations of section 10(b) of the Exchange Act and Rule 10b-5 promulgated...

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