Kaplan v. Pomerantz

MEMORANDUM OPINION AND ORDER

ROVNER, District Judge.

I. INTRODUCTION

This securities fraud lawsuit was brought on behalf of the purchaser of certain securities by her husband, who is also the administrator of her estate. Pending is plaintiffs motion for certification of the case as a class action pursuant to Fed.R. Civ.P. 23. For the reasons stated below, plaintiffs motion is granted in part and denied in part.

II. FACTS

For purposes of this motion, the Court accepts as true the factual allegations in the complaint concerning the merits of the case. Plaintiffs wife, Lois Kaplan, bought 50 shares…