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IN RE VISUAL NETWORKS, INC. SECURITIES LITIGATION

No. DKC 00-2073.

217 F.Supp.2d 662 (2002)

In re VISUAL NETWORKS, INC. SECURITIES LITIGATION.

United States District Court, D. Maryland.

August 16, 2002.

Attorney(s) appearing for the Case

Charles J. Piven, Law Offices of Charles J. Piven PA, Marshall N. Perkins, Charles J. Piven PA, Baltimore, MD, for plaintiff.

Francis B. Burch, Jr., David Clarke, Jr., Piper Rudnick LLP, Baltimore, MD, Bruce T. Carton, Piper Rudnick LLP, Reston, VA, for defendant.

MEMORANDUM OPINION

CHASANOW, District Judge.

Presently pending and ready for resolution in this class action alleging violation of federal securities laws is Defendants' motion to dismiss under Fed.R.Civ.P. 12(b)(6). The issues are fully briefed and the court now rules pursuant to Local Rule 105.6, no hearing being deemed necessary. For the following reasons, the motion to dismiss will be granted.

I. Background

The following facts are alleged...

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