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IN RE N2K INC. SECURITIES LITIGATION

No. 1045, Docket 99-7745.

202 F.3d 81 (2000)

In re N2K INC. SECURITIES LITIGATION Kenneth Bender, individually and on behalf of all others similarly situated, Plaintiff-Appellant, Mollie Kuhn Bender, individually and on behalf of all others similarly situated, Consolidated-Plaintiff-Appellant, William L. Manns, Jean Morrison, Paul S. Marantz, and Mark Talbert, Appellants, v. Laurence L. Rosen, Robert David Grusin, James E. Coane, Bruce Johnson, Robert C. Harris, Jr., Susanne Harrison, N2K, Inc., Defendants-Appellees, PaineWebber, Allen & Co., Bear Stearns & Company, Incorporated, Consolidated-Defendants, and Jonathan V. Diamond, Defendant.

United States Court of Appeals, Second Circuit.

Decided: February 7, 2000.

Attorney(s) appearing for the Case

I. Stephen Rabin, New York, N.Y. (Jonathan M. Plasse, Catherine A. Murphy, Goodkind, Labaton, Rudoff & Sucharow, New York, N.Y., on the brief), for Appellants.

Saul P. Morgenstern, New York, N.Y. (Richard W. Reinthaler, John J. Blood, Dewey Ballantine LLP, New York, N.Y., on the brief), for Appellees.

Before: SOTOMAYOR and NEWMAN, Circuit Judges, and GOLDBERG, Judge.

PER CURIAM:

Plaintiffs-appellants ("plaintiffs") brought a class action lawsuit against N2K, Inc., an on-line music entertainment company that uses the Internet to sell, market, and promote music and other merchandise. Plaintiffs alleged that defendants-appellees ("defendants") violated Sections 11 and 15 of the Securities Act of 1933, 15 U.S.C. §§ 77k and 77o (1994), by disseminating materially false and misleading offering materials in connection with...

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