In Re NVE Corp. Securities Litigation
District Court, D. Minnesota
1Opinion of the Court
MEMORANDUM OF LAW & ORDER
MICHAEL J. DAVIS, District Judge.
I. INTRODUCTION
This matter is before the Court on Defendants’ Amended Motion to Dismiss. [Docket No. 45] The Court heard oral argument on March 9, 2007.
II. BACKGROUND
A. Factual Background
1. Parties
NVE Corporation (“NVE”) is a Minnesota-based corporation that specializes in spintronics, nanotechnology used to store information using electron spin. (Am. CompLIffl 12, 28.) At all relevant times, NVE was listed and actively traded on the NASDAQ. (Id. ¶ 174(a).) NVE licenses intellectual property, such as Magnetic Random Access Memories…
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