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IN RE NIKE, INC. SECURITIES LITIGATION

No. 01-332-KI.

181 F.Supp.2d 1160 (2002)

In re NIKE, INC. SECURITIES LITIGATION. This Document Relates To All Actions.

United States District Court, D. Oregon.

January 25, 2002.

Attorney(s) appearing for the Case

Deborah R. Gross, Susan R. Gross, Law Offices of Bernard M. Gross P.C., Philadelphia, PA, Gary I. Grenley, Grenley Rotenberg Evans Bragg & Bodie, P.C., Portland, OR, Jonah H. Goldstein, Mark Solomon, William S. Lerach, Milberg Weiss Bershad Hynes & Lerach LLP, San Diego, CA, for Plaintiff.

Peter H. Koehler, Jr., Tonkon Torp LLP, Portland, OR, Robert P. Varian, Penelope A. Graboys, Margaret M. Snyder, Jonathan B. Gaskin, Brobeck, Phleger & Harrison LLP, San Francisco, CA, for Defendants.

OPINION

KING, District Judge.

Following a dramatic drop in the price of Nike, Inc., stock, numerous actions were filed against Nike and five of its corporate officers alleging violations of the Securities Exchange Act of 1934. These were consolidated into the proposed class action assigned to me. Before the court is defendants' motion to dismiss (# 37). For the reasons below, I dismiss the complaint and give plaintiffs leave to replead.

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