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IN RE CERIDIAN CORP. SECURITIES LITIGATION

No. 04-CV-3704 (PJS/RLE).

504 F.Supp.2d 603 (2007)

In re CERIDIAN CORPORATION SECURITIES LITIGATION.

United States District Court, D. Minnesota.

June 5, 2007.

Attorney(s) appearing for the Case

Reed R. Kathrein, Hagens Berman Sobol & Shapiro LLP, Eli R. Greenstein, Lerach Coughlin Stoia Geller Rudman & Robbins LLP, San Francisco, CA, Frances E. Baillon, Halunen & Associates, Minneapolis, MN, and Garrett D. Blanchfield, Jr., Reinhardt Wendorf & Blanchfield, St. Paul, MN, for lead plaintiff Western Pennsylvania Electrical Employees Benefits Funds.

Peter W. Carter, Daniel J. Brown, and Seth J.S. Levanthal, Dorsey & Whitney LLP and Heather J. Klaas, Ameriprise Financial Inc., Minneapolis, MN, for Defendants.

MEMORANDUM OPINION AND ORDER GRANTING MOTION TO DISMISS

SCHILTZ, District Judge.

This is a sprawling jumble of a securities-fraud action brought against defendant Ceridian Corporation (Ceridian) and three of its former officers: Ronald L. Turner, the former president and CEO; John R. Eickhoff, the former CFO; and Loren Gross, the former controller and principal accounting officer. This action is based on dozens, if not hundreds, of accounting errors —...

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