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VAN ORMER v. ASPEN TECHNOLOGY, INC.

Civil Action Nos. 98-12018-RWZ, 98-12379-RWZ, 98-12158-RWZ.

145 F.Supp.2d 101 (2000)

Lee VAN ORMER, Edward Marucci, and John T. Clancey v. ASPEN TECHNOLOGY, INC., et al.

United States District Court, D. Massachusetts.

October 31, 2000.

Attorney(s) appearing for the Case

Steven Schulman, Samuel H. Rudman, Michael A. Swick, Milberg, Weiss, Bershad, Specthrie & Lerach, New York City, Jeffrey R. Krinsk, Finkelstein & Krinsk, San Diego, CA, Nancy F. Gans, Stephen Moulton, Moulton & Gans, LLP, Boston, MA, for plaintiffs.

Thomas J. Dougherty, Skadden, Arps, Slate, Meagher & Flom, Boston, MA, for defendants.

MEMORANDUM OF DECISION

ZOBEL, District Judge.

Plaintiffs Lee Van Ormer, Edward Marucci, and John T. Clancey bring this class action on behalf of themselves and all others who purchased the common stock of defendant Aspen Technology, Inc. ("Aspen") between January 27, 1998 and October 2, 1998. They claim violations of §§ 10(b) and 20(a) of the Securities Exchange Act1

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