In re Gentiva Securities Litigation
District Court, E.D. New York
1Opinion of the Court
MEMORANDUM OF DECISION AND ORDER
SPATT, District Judge.
The present case is a consolidated securities fraud class action brought on behalf of a class consisting of all persons or entities that purchased the publicly traded securities of Gentiva Health Services (“Gentiva”) between July 31, 2008 and October 4, 2011. Presently before the Court is the Defendants’ motion to dismiss. For the reasons set forth below, this motion is granted.
I. BACKGROUND
A. Factual Background
The following facts are drawn from the Plaintiffs class action complaint and are construed in a light most favorable to the…
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