Teamsters Local 617 Pension & Welfare Funds v. Apollo Group, Inc.

ORDER

ROBERT C. BROOMFIELD, Senior District Judge.

Background

In this securities fraud action, lead plaintiff, Pension Trust Fund for Operating Engineers (“plaintiff’), commenced this action against Apollo Group, Inc. (“Apollo”), and various Apollo officers and directors (“the individuals”).1 In an effort to satisfy the rigorous pleading standards of the Private Securities Litigation and Reform Act (“PSLRA”) and Fed.R.Civ.P. 9(b), plaintiff has made literally hundreds of pages of allegations in two separate complaints.2 After scrutinizing plaintiffs “cut and paste, ... puzzle like pleading” in…