BERGER v. BELETIC

No. CIV.A.3:01-CV-0498-N.

248 F.Supp.2d 597 (2003)

Clifford BERGER, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. John D. BELETIC, Defendant.

United States District Court, N.D. Texas, Dallas Division.

February 18, 2003.


Attorney(s) appearing for the Case

Jennifer L Anton, Weil Gotshal & Manges, Dallas, for Weblink Wireless Inc (Defendant).

Samuel L Boyd, Boyd & Associates, Dallas, for Pine T-l Limited Partnership (Movant).

George W Bramblett, Jr, Haynes & Boone, Dallas, for John D Beletic (Defendant).

Michael A Caddell, Caddell & Chapman, Houston, for Park Avenue Securities (Plaintiff).

Steven E Cauley, Cauley Geller Bowman & Coates, Little Rock, AR, for Byron W Nelson (Movant).

William B Federman, Federman & Sherwood, Oklahoma City, OK, for Byron W Nelson (Movant).

Robert P Frutkin, Savett Frutkin Podell & Ryan, Philadelphia, PA, for Park Avenue Securities (Plaintiff).

T Ray Guy, Weil Gotshal & Manges, Dallas, for Weblink Wireless Inc (Defendant).

Noel M B Hensley, Haynes & Boone, Dallas, for John D Beletic (Defendant).

Laurie Goodine Hill, Weil Gotshal & Manges, Dallas, for Weblink Wireless Inc (Defendant).

Fred T Isquith, Wolf Haldenstein Adler Freeman & Herz, New York, NY, for Peter Wilder (Consol Plaintiff).

Gregory M Nespole, Wolf Haldenstein Adler Freeman & Herz, New York, NY, for Peter Wilder (Consol Plaintiff).

Charles J Piven, Law Office of Charles J Piven, Baltimore, MD, for Peter Wilder (Consol Plaintiff).

Barbara A Podell, Savett Frutkin Podell & Ryan, Philadelphia, PA, for Park Avenue Securities (Plaintiff).

Scott E Poynter, Emerson Poynter, Little Rock, AR, for Byron W Nelson (Movant).

Stuart H Savett, Savett Frutkin Podell & Ryan, Philadelphia, PA, for Park Avenue Securities (Plaintiff).


MEMORANDUM OPINION AND ORDER

GODBEY, District Judge.

Before the Court is Defendant's Motion to Dismiss. For the reasons stated below, that Motion is GRANTED.

I. FACTUAL BACKGROUND

This securities fraud class action was brought by individuals who purchased WebLink Wireless, Inc. [hereinafter "Web-Link"] common stock between December 29, 2000 and February 20, 2001 [hereinafter the "Class Period"]. The suit was originally brought against...

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