Westley v. Oclaro, Inc.
District Court, N.D. California
1Opinion of the Court
ORDER GRANTING DEFENDANTS’ MOTION TO DISMISS SECOND AMENDED COMPLAINT
EDWARD M. CHEN, District Judge.
Plaintiffs have filed a class action against Oclaro, Inc. and two of its officers, Alain Couder and Jerry Turin, for violations of the federal securities laws. In *909essence, Plaintiffs charge Defendants with making false and misleading statements about Oclaro’s customer demand and how Oclaro could be expected to fare for the first quarter of 2011 (“1Q11”) and for the calendar year. See SAC ¶ 1. Currently pending before the Court is Defendants’ motion to dismiss Plaintiffs’ second amended…
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