United States Seventh Circuit

Dismissal of plaintiff-shareholders' putative class action against defendants, a manufacturer of specialized equipment used in fiber optic cable networks and its executives, for failure to meet the Private Securities Litigation Reform Act's pleading threshold is reversed in part in an action alleging violations of securities laws.

Appellate Information

• Argued 11/01/2007
• Decided 01/25/2006
• Published 01/25/2006

Judges

• POSNER, Circuit Judge., Before POSNER, WOOD, and SYKES, Circuit Judges.

Court

• United States Seventh Circuit

Counsel

• For Appellant:
  
• Richard H. Weiss (argued), Milberg Weiss, New York, NY, Arthur R. Miller, Harvard Law School, Cambridge, MA, Marvin A. Miller, Matthew E. Van Tine, Lori A. Fanning, Miller Law, Chicago, IL, for Plaintiffs-Appellants.


• For Appellees:
  
• David F. Graham (argued), Sidley Austin, Chicago, IL, for Defendants-Appellees.