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ADAM v. SILICON VALLEY BANCSHARES

No. C 93-2039 RMW (AEI).

884 F.Supp. 1398 (1995)

Margaret B. ADAM, On Behalf Of Herself and All Others Similarly Situated, Plaintiffs, v. SILICON VALLEY BANCSHARES, et al., Defendants.

United States District Court, N.D. California.

January 9, 1995.

Attorney(s) appearing for the Case

McCutchen, Doyle, Brown & Enersen, Philip Rotner, James Kleinberg, Mary Huser, San Jose, CA, Genevieve Roche, Deloitte and Touche, New York City, for defendant.

William Lerach, Jan Adler, Sharon Maier, Milberg Weiss Bershad, Hynes & Lerach, San Diego, CA, David J. Bershad, Milberg, Weiss Bershad, Hynes & Lerach, New York City, for plaintiffs.

ORDER DENYING MOTION TO DISMISS FIRST AMENDED COMPLAINT

WHYTE, District Judge.

Defendant Deloitte & Touche's motion to dismiss plaintiffs' class action complaint alleging a violation of the Securities Exchange Act was heard on December 9, 1994. After the hearing, the Ninth Circuit rendered its opinion in In re GlenFed, Inc. Sec. Litig., 42 F.3d 1541 (9th Cir.1994) (en banc). Both sides submitted letter briefs...

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