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ARKANSAS TEACHER RETIREMENT SYSTEM v. BANKRATE

No. 13 Civ. 7183(JSR).

18 F.Supp.3d 482 (2014)

ARKANSAS TEACHER RETIREMENT SYSTEM, and Fresno County Employees' Retirement Association, Individually and on Behalf of All Others Similarly Situated, Plaintiffs, v. BANKRATE, INC., Thomas R. Evans, Edward J. Dimaria, Apax Partners L.P., Apax Partners LLP, and Apax Partners Europe Managers Ltd., Defendants.

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

Filed April 30, 2014.

Attorney(s) appearing for the Case

John James Rizio-Hamilton , Lauren Amy Ormsbee , Rebecca Ellen Boon , Salvatore Jo Graziano , Stefanie Jill Sundel , Avi Josefson , Gerald H. Silk , Jeroen Van Kwawegen , Bernstein Litowitz Berger & Grossmann LLP, New York, NY, for Plaintiffs.

George T. Conway, III , Warren R. Stern , Lauren Marie Kofke , Wachtell, Lipton, Rosen & Katz, Mitchell A. Lowenthal , Meredith Eve Kotler , Cleary Gottlieb , New York, NY, for Defendants.

MEMORANDUM

JED S. RAKOFF, District Judge.

Arkansas Teacher Retirement System and Fresno County Employees' Retirement Association bring this putative class action on behalf of themselves and all other similarly situated persons who purchased securities in Bankrate, Inc. ("Bankrate") between June 16, 2011 and October 15, 2012 (the "Class Period"). Plaintiffs allege that Bankrate and its then two most senior...

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