IN RE COPPER MOUNTAIN SECURITIES LITIGATION

No. C-00-3894-VRW.

311 F.Supp.2d 857 (2004)

In re COPPER MOUNTAIN SECURITIES LITIGATION.

United States District Court, N.D. California.

March 30, 2004.


Attorney(s) appearing for the Case

Francis M. Gregorek, Francis A. Bottini, Jr., Betsy C. Manifold, Wolf Haldenstein Adler Freeman, Symphony Towers, Jeffrey R. Krinsk, Gregory Hartlett, Finkelstein & Associates, James A. Caputo, Spector Roseman & Kodroff, P.C., Blair A. Nicholas, Robert S. Gans, Alan Shulman, Bernstein Litowitz Berger & Grossmann LLP, William S. Lerach, Milberg Weiss Bershad Hynes & Lerach LLP, William E. Grauer, Cooley Godward LLP, San Diego, CA, Lawrence G. Soicher, Law Offices of Lawrence G. Soicher, Jeffrey A. Klafter, Bernstein Litowitz Berger & Grossmann, Pamela Kulsrud, Ira M. Press, Kirby McInerney & Squire LLP, Frederic S. Fox, Christine M. Fox, Kaplan Kilsheimer & Fox LLP, Andrew D. Friedman, Samuel K. Rosen, Wechsler Harwood Halebian & Feffer, LLP, Stanley Grossman, Marc I. Gross, Paul T. Curley, Pomerantz Haudek Block Grossman & Gross LLP, James Bashian, James V. Bashian Law Offices, David Jaroslawicz, Jaroslawicz & Jaros, Mel E. Lifshitz, Bernstein Liebhard & Lifshitz, Marvin L. Frank, Rabin & Garland, Kenneth A. Elan, Law Office of Kenneth A. Elan, Lee S. Shalov, Ralph M. Stone, James P. Bonner, Shalov Stone & Bonner, Joseph H. Weiss, Mark A. Smilow, Weiss & Yourman, Nadeem Faruqi, Faruqi & Faruqi LLP, Jeffrey S. Abraham, Law Offices of Jeffrey S. Abraham, Harold B. Obstfeld, Harold B. Obstfeld Law Office, Robert C. Susser, Wallace A. Showman, Law Offices of Wallace A. Showman, Peter D. Bull, Joshua M. Lifshitz, Bull & Lifshitz, Eduard Korsinsky, Daniel A. Osborn, Beatie & Osborn, LLP, Lee Squitieri, Squitieri & Fearon, LLP, Joseph Garland, Law Office of Joseph Garland, Saul Roffe, Sirota & Sirota, Stephen J. Fearon, Jr., Suitieri & Fearon, LLP, Stephen D. Oestreich, Slotnick Shapiro & Crocker LLP, New York, NY, Nina F. Locker, Ignacio E. Salceda, Wilson Sonsini Goodrich & Rosati, Palo Alto, CA, James M. Finberg, Lieff Cabraser Heimann & Bernstein LLP, Jan Nielsen Little, Keker & Van Nest LLP, Joseph J. Tabacco, Jr., Christopher T. Heffelfinger, Jennifer S. Abrams, Berman DeValerio Pease Tabacco Burt & Pucillo, Patrick J. Coughlin, Randi D. Bandman, Lesley E. Weaver, Milberg Weiss Bershad Hynes & Lerach LLP, Steven O. Sidener, Joseph M. Barton, Gold Bennett Cera & Sidener LLP, John W. Allured, Law Offices of John W. Allured, Laurence D. King, Hugh K. Campbell, Kaplan Fox & Kilsheimer LLP, Daniel C. Girard, Girard & Green, San Francisco, CA, Arnold Levin, Levin Fishbein Sedran & Berman, Stuart H. Savett, Barbara A. Podell, Savett, Furtkin, Podell & Ryan P.C., Sherrie R. Savett, Arthur Stock, Berger & Montague, P.C., Michael D. Donovan, Donovan Searles LLC, Mark S. Goldman, Kellie A. Allen, Weinstein Kitchenoff Scarlato & Goldman, Ltd., James M. Orman, Law Offices of James M. Orman, Brian M. Felgoise, Law Offices of Brian M. Felgoise, Anthony J. Bolognese, Bolognese & Associates, Jeffrey L. Kodroff, Spector & Roseman, P.C., Douglas M. Risen, Berger & Montague P.C., Philadelphia, PA, Jeffrey C. Block, Michael G. Lange, Chancey D. Steele, Berman Devalerio Pease Tabacco Burt & Pucillo, Boston, MA, Juli Farris, Lynn Lincoln Sarko, Elizabeth Ann Leland, Keller Rohrback, Karl P. Barth, Steve W. Berman, Anthony D. Shapiro, Hagens & Berman LLP, Steven J. Toll, Cohen Milstein Hausfeld & Toll PLLC, Seattle, WA, Lionel Z. Glancy, Michael Goldberg, Glancy & Binkow LLP, Brian Barry, Kevin J. Yourman, Leigh A. Parker, Weiss & Yourman, Michael D. Braun, Stull Stull & Brody, Los Angeles, CA, Marc A. Topaz, Schiffrin & Barroway LLP, Marc S. Henzel, Law Offices of Marc S. Henzel, Evan Smith, Brodsky & Smith, LLC, Bala Cynwyd, PA, Alfred G. Yates, Jr., Law Office of Alfred G. Yates Jr., Pittsburgh, PA, Leo W. Desmond, The Law Offices of Leo W. Desmond, Michael J. Pucillo, Berman DeValerio Pease Tobacco Burt & Pucillo, West Palm Beach, FL, Dennis J. Johnson, Jacob B. Perkinson, Law Offices of Dennis J. Johnson, South Burlington, VT, Andrew M. Schatz, Jeffrey S. Nobel, Schatz & Nobel, Hartford, CT, Bruce G. Murphy, Law Offices of Bruce G. Murphy, Vero Beach, FL, Charles J. Piven, Law Offices of Charles J. Piven, Baltimore, MD, David R. Scott, Scott & Scott, LLC, Colchester, CT, Alan R. Plutzik, Bramson Plutzik Mahler & Birkhaeuser LLP, Walnut Creek, CA, Jill M. Manning, Kirby McInerney & Squire, LLP, Novato, CA, William M. Audet, Alexander Hawes & Audet, San Jose, CA, Steven E. Cauley, Cauley & Geller LLP, Little Rock, AR, Marc H. Edelson, Hoffman & Edelson, Doylestown, PA, William B. Federman, Dreier Baritz & Federman, Oklahoma City, OK, Patrick V. Dahlstrom, Pomerantz Haudek Block Grossman & Gross, Chicago, IL, Paul J. Geller, Sr., Cauley & Geller, Boca Raton, FL, Richard S. Wayne, Thomas P. Glass, Strauss & Troy, Hugh K. Campbell, Law Offices of Hugh K. Campbell, Cincinnati, OH, Seth D. Rigrodsky, Morris & Morris, Wilmington, DE, Jody Anderman, LeBlanc Maples & Waddell, Baton Rouge, LA, Mark McNair, Law Office of Mark McNair, Donald J. Enright, Finkelstein Thompson & Loughran, Washington, DC, Corey D. Holzer, Holzer & Holzer, Atlanta, GA, for Plaintiffs.

William E. Grauer, Philip C. Tencer, Cooley Godward LLP, San Diego, CA, James E. Miller, Scott & Scott, LLC, Colchester, CT, for Defendants.


ORDER

WALKER, District Judge.

It is well-known that the Private Securities Litigation Reform Act (PSLRA) and FRCP 9(b) impose a particularity requirement in the allegation of securities fraud. This is especially important in the case of a complaint alleging open market fraud or fraud on the market, such as the complaint at bar.

The starting point for the particularity analysis is not the allegedly false or misleading statements of the...

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