Legal Opinion
In Re Segue Software, Inc. Securities Litigation
District Court, D. Massachusetts
Decided July 26, 2000No. CIV.A. 99-10891-RGSPublishedCited by 17 opinions
1Opinion of the Court
MEMORANDUM AND ORDER ON DEFENDANTS’ MOTIONS TO DISMISS
STEARNS, District Judge.
This class action was brought on behalf of investors who purchased Segue Software, Inc. (Segue) common stock between July 14, 1998, and April 9, 1999. The lawsuit alleges that the price of Segue shares was artificially inflated by an accounting practice that violated generally accepted accounting principles (GAAP). Segue now moves to dismiss the Consolidated Amended Class Action Complaint (Amended Complaint).
BACKGROUND
The well-pleaded facts alleged in the Amended Complaint are for present purposes deemed to be true.…
2Cases cited29 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
- Chiarella v. United StatesSupreme Court of the United States · 1980
- Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
24 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- In Re McKesson HBOC, Inc. Securities LitigationDistrict Court, N.D. California · 2000
- In Re Bristol-Myers Squibb Securities LitigiationDistrict Court, S.D. New York · 2004
- D.E. & J Ltd. Partnership v. ConawayDistrict Court, E.D. Michigan · 2003
- In Re Raytheon Securities LitigationDistrict Court, D. Massachusetts · 2001
- Crowell v. Ionics, Inc.District Court, D. Massachusetts · 2004
12 more not listed; retrieve them via the Exa API.