Carney v. Cambridge Technology Partners, Inc.
District Court, D. Massachusetts
1Opinion of the Court
MEMORANDUM AND ORDER ON DEFENDANTS’ MOTION TO DISMISS
LINDSAY, District Judge.
Introduction and Procedural History
This case has been brought as a class action on behalf of all persons or entities who purchased securities of Cambridge Technology Partners, Inc. (“Cambridge” or “CTP”) between November 25, 1998 and March 18, 1999. 1 The three lead plaintiffs are W.R. Carney, James R. Thompson, and Ishiug J. Wu. The essence of the plaintiffs’ claim is that the defendants, CTP and two of its officers, issued false or misleading statements during the Class Period in order to inflate artificially the…
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