IN RE SECURE COMPUTING CORP. SECURITIES LIT.

No. C 99-01927 CW.

184 F.Supp.2d 980 (2001)

In re SECURE COMPUTING CORPORATION SECURITIES LITIGATION.

United States District Court, N.D. California.

August 21, 2001.


Attorney(s) appearing for the Case

Robert J. Dyer, III, Jeffrey A. Berens, Kip B. Shuman, Dyer & Shuman LLP, Denver, CO, Julie Goldsmith, Cohen Milstein Hausfeld & Toll, PLLC, Seattle, WA, Dyer Donnelly, Denver, CO, Reed R. Kathrein, Milberg Weiss Bershad Hynes & Lerach, LLP, San Francisco, CA, Lori G. Feldman, Milberg Weiss Bershad Hunes & Lerach, Seattle, WA, Alan Schulman, Bernstein Litowitz Berger & Grossmann LLP, San Diego, CA, William S. Lerach, Darren J. Robbins, David C. Walton, Milberg Weiss Bershad Hynes & Lerach LLP, San Diego, CA, for Myron Goldstein.

Jules Brody, Stull Stull & Brody, New York City, Kip B. Shuman, Dyer & Shuman LLP, Denver, CO, Michael D. Braun, Patrice Bishop, Stull Stull & Brody, Los Angeles, CA, Julie Goldsmith, Cohen Milstein Hausfeld & Toll, PLLC, Seattle, WA, Harvey Greenfield, Law Firm of Harvey Greenfield, New York City, for Herbert Silverberg.

Kip B. Shuman, Dyer & Shuman LLP, Denver, CO, Julie Goldsmith, Cohen Milstein Hausfeld & Toll, PLLC, Seattle, WA, Steven J. Toll, Cohen Milstein Hausfeld & Toll, Seattle, WA, Reed R. Kathrein, Milberg Weiss Bershad Hynes & Lerach, LLP, San Francisco, CA, Lori G. Feldman, Milberg Weiss Bershad Hunes & Lerach, Seattle, WA, Alan Schulman, Bernstein Litowitz Berger & Grossmann LLP, San Diego, CA, William S. Lerach, Darren J. Robbins, David C. Walton, Milberg Weiss Bershad Hynes & Lerach LLP, San Diego, CA, for William Preiner.

Kip B. Shuman, Dyer & Shuman LLP, Denver, CO, Jordan L. Lurie, Elizabeth P. Lin, Weiss & Yourman, Los Angeles, CA, Julie Goldsmith, Cohen Milstein Hausfeld & Toll, PLLC, Seattle, WA, Joseph H. Weiss, Weiss & Yourman, New York City, for Charles McInnis.

Kevin M. Prongay, Jon W. Borderud, Los Angels, CA, Kip B. Shuman, Dyer & Shuman LLP, Denver, CO, Julie Goldsmith, Cohen Milstein Hausfeld & Toll, PLLC, Seattle, WA, Reed R. Kathrein, Milberg Weiss Bershad Hynes & Lerach, LLP, San Francisco, CA, Alison M. Tattersall, David R. Stickney, Milberg Weiss Bershad Hynes & Lerach LLP, San Francisco, CA, Lori G. Feldman, Milberg Weiss Bershad Hunes & Lerach, Seattle, WA, William S. Lerach, Milberg Weiss Bershad Hynes & Lerach LLP, San Diego, CA, for Melvin Freedenberg.

Kip B. Shuman, Dyer & Shuman LLP, Denver, CO, Karen M. Hanson, Richard A. Lockridge, Lockridge Grindal Nauen & Holstein PLLP, Minneapolis, MN, Julie Goldsmith, Cohen Milstein Hausfeld & Toll, PLLC, Seattle, WA, Reed R. Kathrein, Milberg Weiss Bershad Hynes & Lerach, LLP, San Francisco, CA, Alison M. Tattersall, David R. Stickney, Milberg Weiss Bershad Hynes & Lerach LLP, San Francisco, CA, Lori G. Feldman, Milberg Weiss Bershad Hunes & Lerach, Seattle, WA, William S. Lerach, Milberg Weiss Bershad Hynes & Lerach LLP, San Diego, CA, for George H. Rosenquist.

Steven M. Schatz, Gidon M. Caine, Catherine H. Winterburn, Theodore Allegaert, Wilson Sonsini Goodrich & Rosati, Palo Alto, CA, for Secure Computing Corp., Jeffrey H. Waxman, Timothy P. McGurran, Patrick Regester, Gary D. Taggart, Howard Smith, Christine Hughes.


ORDER DENYING DEFENDANTS' MOTION TO DISMISS PLAINTIFFS' FIRST AMENDED COMPLAINT

WILKEN, District Judge.

In this class action for securities fraud, Plaintiffs allege that Defendants knowingly misrepresented to the investment community that Secure Computing Corporation was growing and increasing its earnings during the class period. Defendants move to dismiss Plaintiffs' first amended complaint (FAC) for failure to state a claim under Rule 12(b)(6) of the Federal...

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