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IN RE MICROSTRATEGY INC. SECURITIES LITIGATION

No. CIV.00-473-A.

110 F.Supp.2d 427 (2000)

In re MICROSTRATEGY INC. SECURITIES LITIGATION

United States District Court, E.D. Virginia, Alexandria Division.

August 18, 2000.

Attorney(s) appearing for the Case

Craig Crandall Reilly, Richards, McGettigan, Reilly & West, P.C., Alexandria, VA, for Plaintiffs.

Leo Stephen Fisher, Bean, Kinney & Korman, P.C., Arlington, VA, Edward John Bennett, Esquire, William & Connolly, Washington, DC, for Defendants.

MEMORANDUM OPINION

ELLIS, District Judge.

Following defendant MicroStrategy Inc.'s announcement on March 20, 2000, that it had significantly overstated its revenue for the years 1998 and 1999, approximately two dozen class action securities fraud actions were filed in this district against MicroStrategy and other defendants. Threshold motions in various of those actions led to the consolidation of the actions...

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