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IN RE MICROSTRATEGY, INC. SECURITIES LITIGATION

No. Civ.A. 00-473-A.

115 F.Supp.2d 620 (2000)

In re MICROSTRATEGY, INC. SECURITIES LITIGATION.

United States District Court, E.D. Virginia.

September 15, 2000.

Attorney(s) appearing for the Case

Craig C. Reilly, Alexandria, VA, for plaintiffs.

Brendan V. Sullivan, Jr., Williams & Connolly, Washington, D.C., for defendant Microstrategy.

Leo S. Fisher, Bean, Kinney & Korman, P.C., Arlington, VA, for defendant Price-waterhouseCoopers.

MEMORANDUM OPINION

ELLIS, District Judge.

The central question presented in these threshold dismissal motions in this securities fraud class action is the unresolved question of the meaning to be given to the state-of-mind pleading requirements of the Private Securities Litigation Reform Act of 1995 ("PSLRA" or the "Act"). Specifically at issue are the meaning of the PSLRA's requirement that a complaint...

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