United States Ninth Circuit

A securities class action brought by common stock owners was properly dismissed where plaintiffs failed to allege scienter with the specificity required by the Private Securities Litigation Reform Act.

Appellate Information

• Argued 12/05/2002
• Decided 07/03/2003
• Published 07/03/2003

Judges

• Before:  BRUNETTI and TASHIMA, Circuit Judges, and EZRA, District Judge.

Court

• United States Ninth Circuit

Counsel

• For Appellant:
  
• Solomon B. Sera, San Francisco, CA, for plaintiffs-appellants James C. Nevius, et al., Sherrie R. Savett, Stuart J. Guber, Phyllis M. Parker, Philadelphia, PA, for plaintiffs-appellants James C. Nevius, et al.


• For Appellees:
  
• Boris Feldman, Jared L. Kopel, Cheryl W. Foung, Gregory L. Watts, Palo Alto, CA, for the defendants-appellees.