Grace v. Perception Technology Corp.
District Court, D. Massachusetts
1Opinion of the Court
MEMORANDUM AND ORDER
HARRINGTON, District Judge.
Plaintiffs are purchasers of shares of the common stock of Defendant Perception *167Technology Corporation (PTC). Plaintiffs allege that PTC’s registration statement, prospectus and subsequent SEC filings and public statements were false and misleading as to the company’s financial status and operations in general, and that defendants knowingly failed to disclose the true facts to the investing community.
The case is before the Court on plaintiffs’ motion for certification of a class consisting of purchasers of PTC common stock from June 4, 1986 to…
2Cases cited16 opinions
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Phillips Petroleum Co. v. ShuttsSupreme Court of the United States · 1985
- Alexander Kahan, on Behalf of Himself and All Others Similarly Situated v. Lewis RosenstielCourt of Appeals for the Third Circuit · 1970
- Fed. Sec. L. Rep. P 98,265 Fred Zeidman and Steven Youngelson v. J. Ray McDermott & Co., Inc.Court of Appeals for the Fifth Circuit · 1981
- Vitiello v. CicconiDistrict Court, D. New Jersey · 1984
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