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HARRIS v. IVAX CORP.

No. 97-0559-CIV.

998 F.Supp. 1449 (1998)

Alan M. HARRIS and Yitzchok Wolpin, Plaintiffs, v. IVAX CORPORATION, Phillip Frost and Michael W. Fipps, Defendants.

United States District Court, S.D. Florida.

March 30, 1998.

Attorney(s) appearing for the Case

Atlee W. Wampler, III, Ricardo A. Banciella, Wampler, Buchanan & Breen, Miami, FL, Jules Brody, Stull, Stull & Brody, Joseph H. Weiss, Weiss & Yourman, New York, NY, Leo W. Desmond, The Law Office of Leo W. Desmond, West Palm Beach, FL, Jeffrey G. Smith, Michael Jaffe, Wolf Haldenstein Adler Freeman & Hertz, New York, NY, Bernard Malina, Malina & Wolfson, Curtis V. Trinko, New York, NY, for Plaintiffs.

Eugene E. Stearns, Richard B. Jackson, Stearns Weaver et al., Miami, FL, for Defendants.

ORDER GRANTING DEFENDANTS' MOTION TO DISMISS

MORENO, District Judge.

This is a securities fraud class action suit brought against IVAX corporation and two of its officers by a class of Plaintiffs who purchased IVAX common stock between August 2, 1996 and November 11, 1996. Plaintiffs allege that they were fraudulently induced to make these purchases by the materially false and misleading statements and omissions made by the Defendants. The issue before...

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