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CARNEY v. CAMBRIDGE TECHNOLOGY PARTNERS, INC.

No. Civ.A 99CV10630-RCL.

135 F.Supp.2d 235 (2001)

W.R. CARNEY, et al., Plaintiffs, v. CAMBRIDGE TECHNOLOGY PARTNERS, INC., Arthur M. Toscanini, and James K. Sims, Defendants.

United States District Court, D. Mass.

March 30, 2001.

Attorney(s) appearing for the Case

Alvin J. Slater, Boston, MA, for plaintiffs.

Neil L. Zola, Adam R. Gonnelli, Wolf Haldenstein Adler Freeman & Herz, New York City, Thomas G. Shapiro, Shapiro, Haber & Urmy LLP, Boston, MA, Fred Taylor Isquith, Wolf Haldenstein Adler Freeman & Herz LLP, New York City, for W.R. Carney, Lead Plaintiff, plaintiff.

Thomas V. Urmy, Jr., Shapiro Haber & Urmy LLP, Boston, MA, for Barbara Collins.

Edward F. Haber, Shapiro, Grace & Haber, Boston, MA, for Pengzhe Lu.

Jordan D. Hershman, Christopher F. Robertson, Lori A. Mihalich, Testa, Hurwitz & Thibeault, Boston, MA, for Cambridge Technology Partners, Inc., defendant.

MEMORANDUM AND ORDER ON DEFENDANTS' MOTION TO DISMISS

LINDSAY, District Judge.

Introduction and Procedural History

This case has been brought as a class action on behalf of all persons or entities who purchased securities of Cambridge Technology Partners, Inc. ("Cambridge" or "CTP") between November 25, 1998 and March 18, 1999.1 The three lead plaintiffs are W.R. Carney, James R. Thompson, and Ishiug J...

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