Winnie Lu, John Pagoumian, Peter Gianoukas & Robert McDonald, Movants, represented by GARY S. GRAIFMAN , KANTROWITZ, GOLDHAMER & GRAIFMAN, ESQS. & JAMES E. CECCHI , CARELLA BYRNE CECCHI OLSTEIN BRODY & AGNELLO, P.C.
Dan Grunfeld, Shawn Kracht, Joseph Selinger, James Huisman & Brooks Lieske, Lead Plaintiffs, represented by GARY S. GRAIFMAN , KANTROWITZ, GOLDHAMER & GRAIFMAN, ESQS. & WILLIAM B. FEDERMAN , FEDERMAN & SHERWOOD.
STEVEN MILLER, individually and on behalf of all others similarly situated, Plaintiff, represented by LAURENCE M. ROSEN , THE ROSEN LAW FIRM, PA.
SUE KATTUAH, Plaintiff Consolidated, represented by JAMES E. CECCHI , CARELLA BYRNE CECCHI OLSTEIN BRODY & AGNELLO, P.C.
GALENA BIOPHARMA, INC., RYAN M. DUNLAP, JOHN T. BURNS & REMY BERNARDA, Defendants, represented by CHAD JOHNSON PETERMAN , PAUL HASTINGS LLP.
MARK W. SCHWARTZ, Defendant, represented by GLENN S. KERNER , GOODWIN PROCTER, LLP.
CHRISTOPHER S. LENTO, Defendant, represented by SANDRA LYNN MUSUMECI , RILEY SAFER HOLMES CANCILA LLP.
OPINION
McNULTY, U.S.D.J.
The plaintiffs have filed a class-action complaint alleging securities fraud against Galena Biopharma, Inc. ("Galena") and several of its officers or key employees. The complaint alleges that the defendants failed to make appropriate disclosures under Item 303 of Regulation S-K and therefore committed securities...
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