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PUSKALA v. KOSS CORPORATION

Case No. 10-C-0041.

799 F.Supp.2d 941 (2011)

David A. PUSKALA, individually and on behalf of all others similarly situated, Plaintiff, v. KOSS CORPORATION, Michael J. Koss, Sujata ("Sue") Sachdeva, and Grant Thornton, LLP, Defendants.

United States District Court, E.D. Wisconsin.

July 28, 2011.

Attorney(s) appearing for the Case

Lionel Z. Glancy , Michael Goldberg , Ex Kano S. Sams, II , Robert V. Prongay , Glancy Binkow & Goldberg LLP, Los Angeles, CA, David J. Syrios , Guri Ademi , Shpetim Ademi , Ademi & O'Reilly LLP, Cudahy, WI, Howard G. Smith , Law Office of Howard G. Smith, Bensalem, PA, for Plaintiff.

John W. Rotunno , Molly K. McGinley , Noah I. Eisner , Paul J. Walsen , K & L Gates LLP, Frank B. Vanker , Linton J. Childs , Sidley Austin LLP, Chicago, IL, Andrew W. Erlandson , Hurley Burish & Stanton SC, Madison, WI, Joseph Louis Olson , Michael Best & Friedrich LLP, Milwaukee, WI, for Defendants.

DECISION AND ORDER

LYNN ADELMAN, District Judge.

This is a proposed class action alleging securities fraud in violation of § 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and Securities and Exchange Commission ("SEC") Rule 10b-5, 17 C.F.R. § 240.10b-5. Plaintiff also brings claims asserting "control person" liability under § 20(a) of the Act, 15 U.S.C. § 78t(a). The suit arises out of the embezzlement of...

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