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IN RE PARAMETRIC TECHNOLOGY CORP. SECURITIES LITIGATION

No. CIV.A. 98-11328-GAO.

300 F.Supp.2d 206 (2001)

In re PARAMETRIC TECHNOLOGY CORPORATION SECURITIES LITIGATION

United States District Court, D. Massachusetts.

March 29, 2001.

Attorney(s) appearing for the Case

Glen DeValerio, Jeffrey C. Block, Michael T. Matraia, Berman DeValerio Pease Tabacco Burt & Pucillo, Nancy F. Gans, Moulton & Gans, PC, Thomas G. Shapiro, Shapiro, Haber & Urmy, LLP Mark C. Rosenthal, Palmer & Dodge, LLP, David L. Kelston, Adkins, Kelston, Zavez, PC, Boston, MA, for Consolidated Plaintiffs.

Glen DeValerio, Berman DeValerio Pease Tabacco Burt & Pucillo, Boston, MA, Mel Lifshitz, Sandy A. Liebhard, Stanley D. Bernstein, Bernstein Liehard & Lifshitz, LLP, New York, NY, for Plaintiff.

Kerry L. Konrad, Simpson, Thacher & Bartlett, New York, NY, for Consolidated Defendants.

Francis C. Lynch, Palmer & Dodge, LLP, Boston, MA, Henry B. Gutman, Simpson, Thacher & Bartlett, New York, NY, for Defendants.

MEMORANDUM AND ORDER

O'TOOLE, District Judge.

This is an action alleging securities fraud under Sections 10(b), 20(a) and 20A of the Securities Exchange Act of 1934, 15 U.S.C. §§ 78j(b), 78t(a), and 78t-1, and Rule 10b-5 of the Securities and Exchange Commission ("Exchange Act"), 17 C.F.R. § 240.10b-5. The plaintiffs purchased shares of the common stock of Parametric Technology Corporation ("Parametric" or "the Company") between April...

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