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IN RE RETEK INC. SECURITIES LITIGATION

Civil No. 02-4209 (JRT/SRN).

621 F.Supp.2d 690 (2009)

In Re RETEK INC. SECURITIES LITIGATION. This Document Relates To: All Actions.

United States District Court, D. Minnesota.

March 31, 2009.

Attorney(s) appearing for the Case

David R. Stickney and Benjamin Galdston, Bernstein Litowitz Berger & Grossmann LLP, San Diego, CA, Ex Kano S. Sams, II, John Rice, and Bing Zhang Ryan, Coughlin Stoia Geller Rudman & Robbins LLP, San Francisco, CA, Gregg M. Fishbein, Lockridge Grindal Nauen PLLP, Minneapolis, MN, for plaintiffs.

James E. Burns, Jr., Karen Johnson-McKewan, Richard Gallagher, and Eunice Lee, Orrick Herrington & Sutcliffe, San Francisco, CA, Allen W. Hinderaker, Merchant & Gould PC, Minneapolis, MN, James C. Maroulis, Oracle Corporation, Redwood Shores, CA, for defendants Retek Inc., James Murdy, John Buchanan, Steven D. Ladwig, and Gregory A. Effertz.

Jeremy P.M. Thomas, Malta, defendant pro se.

MEMORANDUM OPINION AND ORDER

JOHN R. TUNHEIM, District Judge.

This is a class action lawsuit alleging securities fraud against defendant Retek Inc. ("Retek") and five individuals alleged to be insiders of Retek. The individually named defendants and the capacities in which they served during the class period are John Buchanan, Chairman of Retek's Board of Directors and former Chief Executive Officer; Steven D. Ladwig, Chief Executive Officer of Retek; Gregory...

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