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BAKER v. GOLDMAN SACHS & CO.

Civil Action Nos. 09-10053-PBS, 10-10932-PBS.

949 F.Supp.2d 298 (2013)

Janet BAKER and James Baker, Plaintiffs v. GOLDMAN SACHS & CO., et al., Defendants. Robert Roth and Paul G. Bamberg, Plaintiffs v. Goldman Sachs & Co., Defendant and Third-Party Plaintiff, v. Janet Baker and James Baker, Third-Party Defendants.

United States District Court, D. Massachusetts.

June 11, 2013.

Attorney(s) appearing for the Case

Terence K. Ankner , The Law offices of Partridge, Ankner & Horstmann, LLP, Jennifer S. Behr , Catherine C. Deneke Foley , Jeffrey S. Follett , Christian M. Hoffman , Jack R. Pirozzolo , Amy Senier , Foley Hoag LLP, Michael J. Howe , Matthew L. McGinnis , Ropes & Gray LLP, Boston, MA, Debra A. Djupman , Reed Smith LLP, Philadelphia, PA, Carrie M. Reilly , Lindsey M. Weiss , Wachtell, Lipton, Rosen & Katz, New York, NY, Andrew J. Soven , Reed Smith LLP, Philadelphia, PA, for Plaintiffs.

Alan K. Cotler , Joan A. Yue , Reed Smith, LLP, Philadelphia, PA, John D. Donovan, Jr. , Daniel V. McCaughey , Annmarie A. Tenn , Ropes & Gray LLP, Katie M. Perry , Foley Hoag LLP, Boston, MA, Shannon Elise McClure , Michael T. Scott , Steven T. Voigt , Reed Smith LLP, Philadelphia, PA, for Defendants.

MEMORANDUM AND ORDER

SARIS, Chief Judge.

I. INTRODUCTION

On June 7, 2000, Dragon Systems, Inc. ("Dragon"), a company that revolutionized speech recognition technology, merged into Lernout & Hauspie Speech Products N.V. ("L & H"). Within months, the public disclosure of a fraud at L & H rendered its stock worthless. Plaintiffs Janet and James Baker, Robert Roth, and Paul Bamberg...

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