Legal Opinion

Clair v. Deluca

District Court, W.D. Pennsylvania

Decided November 10, 2005No. Civ.A. 03-288Published

1Opinion of the Court

MEMORANDUM

STANDISH, District Judge.

Pending before the Court is a Motion by Albert and Barbara Glover (“the Glover Plaintiffs” or “the Glovers”), seeking to become the lead plaintiff in this securities class action. (Docket No. 25.) For the reasons discussed below, the Motion is denied without prejudice.

I. INTRODUCTION1

A. Factual History

The facts of this case are largely irrelevant to the decision herein and will not be reiterated in detail. Briefly stated, Howard G. Clair, Ralph S. Weaver, and Carol S. Pintek (“Plaintiffs”) filed an action on behalf of themselves and other investors similarly…

2Cases cited12 opinions

  1. In Re: Cendant Corporation LitigationCourt of Appeals for the Third Circuit · 1992
  2. In Re Telxon Corp. Securities LitigationDistrict Court, N.D. Ohio · 1999
  3. In Re Microstrategy Inc. Securities LitigationDistrict Court, E.D. Virginia · 2000
  4. In re Lucent Technologies, Inc., Securities LitigationDistrict Court, D. New Jersey · 2000
  5. In re Quintus Securities LitigationDistrict Court, N.D. California · 2001

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