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PRECISION VASCULAR SYSTEMS, INC. v. SARCOS, L.C.

No. 2:01-CV-564C.

199 F.Supp.2d 1181 (2002)

PRECISION VASCULAR SYSTEMS, INC., et al., Plaintiffs, v. SARCOS L.C., et al., Defendants.

United States District Court, D. Utah, Central Division.

April 12, 2002.

Attorney(s) appearing for the Case

Alan L. Sullivan, Michael D. Zimmerman, Todd M. Shaughnessy, Kimberly A. Havlik, Snell & Wilmer LLP, George S. Adondakis, Akiko Kawamura, Hobbs Adondakis & Olson LC, Salt Lake City, UT, Daniel A. Mullen, Kenneth L. Cage, Charles R. Work, McDermott Will & Emery, Washington, DC, for Plaintiffs.

Richard D. Burbidge, Stephen B. Mitchell, Jason D. Boren, Jefferson W. Gross, John Ryan Mitchell, Burbidge & Mitchell, Salt Lake City, UT, Robert L. Stolebarger, Greggory J. Savagee, Eric G. Maxfield, Holme Roberts & Owen LLP, Salt Lake City, UT, for Defendants.

ORDER

CAMPBELL, District Judge.

This is a securities suit brought by Precision Vascular Systems, Inc. ("PVS") and certain individual investors of PVS against Sarcos, L.C., and affiliated Sarcos entities (collectively referred to as "Sarcos") and certain individuals holding senior management positions in both PVS and Sarcos.1 Plaintiffs allege that in June 1998 Defendants made materially false misrepresentations in three interrelated...

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