Legal Opinion
Tamar v. Mind C.T.I., Ltd.
District Court, S.D. New York
Decided July 2, 2010No. 09 Civ. 7132(RMB)PublishedCited by 12 opinions
1Opinion of the Court
ORDER
RICHARD M. HERMAN, District Judge.
I. Introduction
On November 23, 2009, Sarit Tamar (“Plaintiff”) filed a First Amended Class Action Complaint (“Amended Complaint”) against Mind C.T.I., Ltd. (“Mind”), Mind’s President and Chief Executive Officer Monica Eisinger (“Eisinger”), Mind’s Chief Financial Officer Oren Bryan (“Bryan”), and Zamir Bar-Zion (“Bar-Zion”), a Mind director and member of Mind’s audit committee (collectively, “Defendants”). (See Am. Compl. ¶¶ 1, 12-16.) Plaintiff asserted claims against Defendants pursuant to Section 10(b) of the Securities Exchange Act of 1934 (“Exchange…
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