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IN RE ADOBE SYSTEMS, INC. SECURITIES LITIGATION

Nos. C-90-2453-SBA to C-90-2456-SBA.

787 F.Supp. 912 (1992)

In re ADOBE SYSTEMS, INC. SECURITIES LITIGATION. This Document Relates to: ALL ACTIONS.

United States District Court, N.D. California.

March 17, 1992.

Attorney(s) appearing for the Case

William S. Lerach, San Diego, Cal., for plaintiffs.

Jeffrey S. Facter, Shearman & Sterling, San Francisco, Cal., for defendants.

ORDER GRANTING DEFENDANTS' MOTION FOR SUMMARY JUDGMENT

ARMSTRONG, District Judge.

This is a class action on behalf of those who bought stock in Adobe Systems, Inc. ("Adobe") between March 6 and May 24, 1990. The plaintiffs allege that during that period defendants artificially inflated the price of Adobe's stock by issuing false or misleading public statements in violation of §§ 10(b) and 20(a) of the Securities Exchange Act of 1934, 15 U.S.C....

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