Legal Opinion
In re Sonus Networks, Inc. Securities Litigation
District Court, D. Massachusetts
Decided September 25, 2007No. Civil Action No. 04-10294-DPWPublishedCited by 6 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
DOUGLAS P. WOODLOCK, District Judge.
Lead Plaintiff BPI Global Investments, Inc. (“BPI Global”) seeks to bring this consolidated securities fraud action on behalf of a class and a subclass against Sonus Networks, Inc. (“Sonus”), Hassan M. Ahmed, Sonus’s Chief Executive Officer, and Stephen J. Nill, Sonus’s former Chief Financial Officer. BPI Global alleges that Defendants violated sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and sections 11, 12(a)(2), and 15 of the Securities Act of 1933 by intentionally misrepresenting Sonus’s financial statements…
2Cases cited29 opinions
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- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Andrews v. Bechtel Power Corp.Court of Appeals for the First Circuit · 1985
- Nisselson v. LernoutCourt of Appeals for the First Circuit · 2006
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3Cited by6 opinions
- In re Hannaford Bros.District Court, D. Maine · 2013
- In re Evergreen Ultra Short Opportunities Fund Securities LitigationDistrict Court, D. Massachusetts · 2011
- Cambridge Place Investment Management, Inc. v. Morgan Stanley & Co.Massachusetts Superior Court · 2012
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- Carrier, et al. v. American BankersDistrict Court, D. New Hampshire · 2008
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