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IN RE HUTCHINSON TECHNOLOGY INC. SECURITIES LIT.

No. 05-CV-2095 (PJS/JJG).

502 F.Supp.2d 884 (2007)

In re HUTCHINSON TECHNOLOGY INC. SECURITIES LITIGATION.

United States District Court, D. Minnesota.

June 4, 2007.

Attorney(s) appearing for the Case

Trig R. Smith, Thomas E. Egler, Mario Alba, Jr., Eric I. Niehaus, and David A. Rosenfeld, Lerach Coughlin Stoia Geller Rudman & Robbins LLP; and Garrett D. Blanchfield, Jr., Reinhardt Wendorf & Blanchfield, St. Paul, MN, for lead plaintiff NECA-IBEW Pension Fund.

Wendy J. Wildung and Ahna M. Thoresen, Faegre & Benson LLP, Minneapolis, MN, for defendants.

MEMORANDUM OPINION AND ORDER GRANTING MOTION TO DISMISS

SCHILTZ, District Judge.

Plaintiffs bring this securities-fraud action against defendant Hutchinson Technology, Inc. ("Hutchinson") and six of Hutchinson's officers and directors: Jeffrey W. Green, chair of the board of directors; Wayne M. Fortun, president and CEO; John A. Ingleman, vice president and CFO; Richard J. Penn, vice president of operations; R. Scott Schaefer, vice president and chief technical...

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