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POLICE AND FIRE RETIREMENT SYSTEM v. SAFENET

No. 06 Civ. 5797(PAC).

645 F.Supp.2d 210 (2009)

POLICE AND FIRE RETIREMENT SYSTEM OF The CITY OF DETROIT, Plymouth County Retirement System, State-Boston Retirement System, and Michael Golde, On Behalf of Themselves and All Others Similarly Situated, Plaintiffs, v. SAFENET, INC., Anthony A. Caputo, Kenneth A. Mueller, Carole D. Argo, Thomas A. Brooks, Ira A. Hunt, Jr., Bruce R. Thaw, Arthur L. Money, Shelley A. Harrison, and Andrew E. Clark, Defendants.

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

August 5, 2009.

Attorney(s) appearing for the Case

Douglas M. McKeige, Gerald Harlan Silk, Joel H. Bernstein, Samuel Jay Lieberman, William Curtis Fredericks, Bernstein Litowitz Berger & Grossmann LLP, Nicole M. Zeiss, Jonathan Gardner, Lawrence Alan Sucharow, Labaton Sucharow, LLP, New York, NY, Matthew P. Siben, Bernstein Litowitz Berger & Grossmann LLP, San Diego, CA, for Plaintiffs.

Jordan Toumey Razza, Richard Howard Klapper, Thomas R. Leuba, Andrew Hunter Reynard, Sullivan & Cromwell, LLP, Anthony D. Boccanfuso, Arnold & Porter, LLP, Catherine A. Torell, Cohen, Milstein, Sellers & Toll, P.L.L.C., New York, NY, John Arak Freedman, Joshua P. Wilson, Arnold & Porter, LLP, Christian J. Mixter, Morgan Lewis & Bockius, LLP, Washington, DC, Jill M. Baisinger, Jason Harold Wilson, Morgan Lewis & Bockius, LLP, Philadelphia, PA, for Defendants.

Emily C. Komlossy, Labaton Sucharow, LLP, New York, NY, David Avi Rosenfeld, Coughlin Stoia Geller Rudman & Robbins, LLP, Melville, NY, for Movants.

OPINION & ORDER

PAUL A. CROTTY, District Judge.

The Police and Fire Retirement System of Detroit, Plymouth County Retirement System, the State-Boston Retirement System, and individual plaintiff Michael Golde ("Plaintiffs") instituted this securities-fraud class action against SafeNet Inc., six of the company's former directors, and three of its former officers ("Defendants"). The Consolidated Amended Class Action Complaint ("Complaint" or "CAC...

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