IN RE OPENWAVE SYSTEMS SECURITIES LITIGATION

No. 07 Civ. 1309(DLC).

528 F.Supp.2d 236 (2007)

In re OPENWAVE SYSTEMS SECURITIES LITIGATION. This document relates to all actions.

United States District Court, S.D. New York.

October 31, 2007.


Attorney(s) appearing for the Case

Chad Johnson, Laura Gundersheim, Bernstein Litowitz Berger & Grossmann LLP, New York City, for Lead Plaintiff.

Marshall R. King, Gibson, Dunn & Crutcher LLP, New York City, Paul J. Collins, Gibson, Dunn & Crutcher LLP, Palo Alto, CA, for Defendant Openwave Systems Inc.

Garrett J. Waltzer, Skadden, Arps, Slate, Meagher & Flom LLP, Palo Alto, CA, for Defendants Harold L. Covert, Jr., Kenneth D. Denman, Roger L. Evans, Bo C. Hedfors, Gerald Held, Masood Jabbar, Bernard Puckett, Alain Rossmann, and Andrew Verhalen.

Richard A. Spehr, Henninger S. Bullock, Mayer, Brown, Rowe & Maw LLP, New York City, for Defendants Alan J. Black, Kevin J. Kennedy, Donald J. Listwin, Joshua A. Pace, David Peterschmidt, Allen E. Snyder and Simon Wilkinson.

A. Robert Pietrzak, Andrew W. Stern, Nicholas P. Crowell, Catherine B. Winter, Sidley Austin LLP, New York City, for Defendants Merrill Lynch, Pierce, Fenner & Smith Inc., Lehman Brothers Inc., J.P. Morgan Securities Inc., and Thomas Weisel Partners LLC.

Mary Gail Gearns, Bingham McCutchen LLP, New York City, Dale E. Barnes, Jr., Bingham McCutchen LLP, San Francisco, CA, for Defendant KPMG.


OPINION & ORDER

DENISE COTE, District Judge.

Plaintiff brings this action on behalf of a putative class of all persons or entities who purchased or acquired common stock in Openwave Systems, Inc. ("Openwave"), the self-proclaimed "leading provider of open software products and services for the communications industry," during a class period that spanned from September 30, 2002 through October 26...

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