WALLACE v. IntraLINKS

No. 11 Civ. 8861 (TPG).

WILLIAM D. WALLACE ET AL., Plaintiffs, v. INTRALINKS ET AL., Defendants.

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

September 30, 2014.


Attorney(s) appearing for the Case

Plumbers and Pipefitters National Pension Fund, Lead Plaintiff, represented by Carol V. Gilden , Cohen Milstein Sellers & Toll PLLC, Daniel Stephen Sommers , Cohen Milstein Sellers & Toll PLLC, Joshua Seth Devore , Cohen Milstein Sellers & Toll PLLC & Kenneth Mark Rehns , Cohen Milstein Sellers & Toll P.L.L.C..

William D. Wallace, Individually and on behalf of all others similarly situated, Plaintiff, represented by Elizabeth Anne Aniskevich , Cohen Milstein Sellers & Toll, PLLC, Jeffrey A. Berens , Dyer & Berens L.L.P., Joshua Seth Devore , Cohen Milstein Sellers & Toll PLLC & Marshall Pierce Dees , Holzer & Holzer, LLC.

Aabed Abdullah Alsaadoun, Movant, represented by Nicholas Ian Porritt , Levi & Korsinsky LLP.

Michael Thaler, Movant, represented by Timothy John MacFall , Rigrodsky & Long, P.A. & Joshua Seth Devore , Cohen Milstein Sellers & Toll PLLC.

Oklahoma Firefighters Pension and Retirement System, Movant, represented by Joseph R. Seidman , Bernstein Liebhard, LLP.

Intralinks Holdings, Inc., Defendant, represented by Mark Holland , Goodwin Procter, LLP & Mary Kathryn Dulka , Goodwin Procter, LLP.

Andrew Damico, Defendant, represented by Mark Holland , Goodwin Procter, LLP & Mary Kathryn Dulka , Goodwin Procter, LLP.

Anthony Plesner, Defendant, represented by Mark Holland , Goodwin Procter, LLP & Mary Kathryn Dulka , Goodwin Procter, LLP.

Patrick J. Wack, Jr., Defendant, represented by Mark Holland , Goodwin Procter, LLP.

Brian J. Conway, Defendant, represented by Christopher Gardner Clark , Skadden, Arps, Slate, Meagher & Flom LLP, David Scott Clancy , Skadden, Arps, Slate, Meagher & Flom LLP, James R. Carroll , Skadden, Arps, Slate, Meagher & Flom, L.L.P. & Jay B. Kasner , Skadden, Arps, Slate, Meagher & Flom LLP .

Peter Gyenes, Defendant, represented by Christopher Gardner Clark , Skadden, Arps, Slate, Meagher & Flom LLP, David Scott Clancy , Skadden, Arps, Slate, Meagher & Flom LLP, James R. Carroll , Skadden, Arps, Slate, Meagher & Flom, L.L.P. & Jay B. Kasner , Skadden, Arps, Slate, Meagher & Flom LLP .

Thomas Hale, Defendant, represented by Christopher Gardner Clark , Skadden, Arps, Slate, Meagher & Flom LLP, David Scott Clancy , Skadden, Arps, Slate, Meagher & Flom LLP, James R. Carroll , Skadden, Arps, Slate, Meagher & Flom, L.L.P. & Jay B. Kasner , Skadden, Arps, Slate, Meagher & Flom LLP .

Habib Kairouz, Defendant, represented by Christopher Gardner Clark , Skadden, Arps, Slate, Meagher & Flom LLP, David Scott Clancy , Skadden, Arps, Slate, Meagher & Flom LLP, James R. Carroll , Skadden, Arps, Slate, Meagher & Flom, L.L.P. & Jay B. Kasner , Skadden, Arps, Slate, Meagher & Flom LLP .

Robert C. McBride, Defendant, represented by Christopher Gardner Clark , Skadden, Arps, Slate, Meagher & Flom LLP, David Scott Clancy , Skadden, Arps, Slate, Meagher & Flom LLP, James R. Carroll , Skadden, Arps, Slate, Meagher & Flom, L.L.P. & Jay B. Kasner , Skadden, Arps, Slate, Meagher & Flom LLP .

Harry D. Taylor, Defendant, represented by Christopher Gardner Clark , Skadden, Arps, Slate, Meagher & Flom LLP, David Scott Clancy , Skadden, Arps, Slate, Meagher & Flom LLP, James R. Carroll , Skadden, Arps, Slate, Meagher & Flom, L.L.P. & Jay B. Kasner , Skadden, Arps, Slate, Meagher & Flom LLP .

Morgan Stanley & Co. Incorporated, Defendant, represented by Jonathan D Polkes , Weil, Gotshal & Manges LLP & Eric Cullen Hawkins , Weil, Gotshal & Manges LLP .

Jefferies & Company, Inc., Defendant, represented by Jonathan D Polkes , Weil, Gotshal & Manges LLP & Eric Cullen Hawkins , Weil, Gotshal & Manges LLP .

Lazard Capital Markets LLC, Defendant, represented by Jonathan D Polkes , Weil, Gotshal & Manges LLP & Eric Cullen Hawkins , Weil, Gotshal & Manges LLP .

Credit Suisse Securites (USA) LLC, Defendant, represented by Jonathan D Polkes , Weil, Gotshal & Manges LLP & Eric Cullen Hawkins , Weil, Gotshal & Manges LLP .

Deutsche Bank Securities Inc., Defendant, represented by Jonathan D Polkes , Weil, Gotshal & Manges LLP & Eric Cullen Hawkins , Weil, Gotshal & Manges LLP .

Pacific Crest Securities LLC, Defendant, represented by Jonathan D Polkes , Weil, Gotshal & Manges LLP & Eric Cullen Hawkins , Weil, Gotshal & Manges LLP .


OPINION

THOMAS P. GRIESA, District Judge.

This is a motion for class certification pursuant to Rules 23(a) and 23(b)(3) of the Federal Rules of Civil Procedure. Plaintiff Plumbers and Pipefitters National Pension Fund seeks to certify a class of all who purchased defendant IntraLinks' stock between February 17, 2011 and November 11, 2011. Plaintiff also seeks a subclass of those who purchased IntraLinks stock in the company's April...

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