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IN RE VONAGE INITIAL PUBLIC OFFERING (IPO) SECURITIES LITIGATION

Civil Action No. 07-177 (FLW).

IN RE VONAGE INITIAL PUBLIC OFFERING (IPO) SECURITIES LITIGATION.

United States District Court, D. New Jersey.

April 2, 2009.

OPINION

FREDA L WOLFSON, District Judge.

This multi-district securities litigation arises out of claims by (i) investors who acquired Vonage Holdings Corporation ("Vonage") common stock pursuant to Vonage's May 24, 2006 Initial Public Offering ("IPO") and were allegedly damaged by Vonage's false and misleading statements to the public, including statements in its Prospectus, which caused investors to purchase stock at artificially inflated prices; and (ii...

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