GROSSMAN v. NOVELL, INC.

No. 95-C-54B.

909 F.Supp. 845 (1995)

Brad GROSSMAN, on behalf of himself and all others similarly situated, Plaintiff, v. NOVELL, INC., Robert J. Frankenberg, Raymond J. Noorda, Stephen C. Wise, and Adriaan Rietveld, Defendants.

United States District Court, D. Utah, Central Division.

December 5, 1995.


Attorney(s) appearing for the Case

Stuart D. Wechsler, Wechsler Skirnick Harwood Halebian & Feffer, New York City, Jay D. Gurmankin, Jay D. Gurmankin, PC, Salt Lake City, UT, Lawrence G. Soicher, Law Offices Lawrence G. Soicher, New York City, for plaintiff.

Jim F. Lundberg, WordPerfect Corporation, Orem, UT, Stephen J. Hill, Snow, Christensen & Martineau, Salt Lake City, UT, Boris Feldman, Nina F. Locker and Keith E. Eggleton, Wilson, Sonsini, Goodrich & Rosati, P.A., Palo Alto, CA, for defendants.


ORDER

BENSON, District Judge.

This class-action securities fraud suit, brought by and on behalf of Novell stock-holders, is before the Court on defendants' motion to dismiss. The parties did not request oral argument on this motion. Having read the memoranda submitted by the parties, being fully apprised, and for good cause shown, the Court makes the following findings and enters the following order.

I. BACKGROUND

This case concerns statements...

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