In Re John Alden Financial Corp. Securities Litigation

ORDER GRANTING DEFENDANTS’ MOTION FOR SUMMARY JUDGMENT

HIGHSMITH, District Judge.

THIS CAUSE is before the Court upon Defendants’ Motion for Summary Judgment (DE 211 & DE 353). After careful consideration of the motion and the entire record, the Court will grant the motion in its entirety.

I. Introduction

This is a securities fraud class action in which Plaintiffs allege, among other things, that Defendants John Alden Financial Corporation (“John Alden”), Glendon Johnson (its then President and CEO), Roger Rosenberger (its former President), Scott Stanton (its then CFO) and Bruce Caldwell (a…