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MEYER v. BIOPURE CORP.

No. Civ.A. 02-10194-EFH.

221 F.Supp.2d 195 (2002)

Thomas H. MEYER, Raymond Collins, Gregory Cusanno, John L. Hall, William Gresher, Eliot Jack Shevel, Mary E. Fulton and Paul F. Willis, Plaintiffs, v. BIOPURE CORPORATION and Carl W. Rausch, Defendants.

United States District Court, D. Massachusetts.

September 4, 2002.

Attorney(s) appearing for the Case

David L. Kelstrom, Adkins, Kelston & Zavez, P.C., Boston, MA, D. Brian Huford, Pomerantz, Haudek, Block, Grossman & Gross, LLP, New York City, for Thomas H. Meyer, Gregory Cusanno, John L. Hall, Mary Hall.

Susan E. Stenger, Perkins, Smith & Cohen, Boston, MA, Robert I. Harwood, Wechsler, Harwood, Halebain & Feffer, LLP, New York City, D. Brian Huford, Pomerantz, Haudek, Block, Grossman & Gross, LLP, New York City, for Raymond Collins.

Noah N. Rosmarin, Adkins & Kelston, Boston, MA, David L. Kelstrom, Adkins, Kelston & Zavez, P.C., Boston, MA, D. Brian Huford, Pomerantz, Haudek, Block, Grossman & Gross, LLP, New York City, for William R. Gresher, Elliott Jack Shevel, Mary E. Fulton, Paul F. Willis.

Thomas J. Dougherty, Matthew J. Matule, Skadden, Arps, Slate, Meagher & Flom, Boston, MA, for Biopure Corp., Carl W. Rausch.

MEMORANDUM AND ORDER

HARRINGTON, Senior District Judge.

Plaintiffs brought this securities class action on behalf of investors who purchased shares of Defendant Biopure Corporation ("Biopure") between May 8, 2001 and March 21, 2002, alleging that Biopure violated Section 10(b) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 10b-5 promulgated thereunder by failing to disclose defects in data gathered during clinical trials for Biopure...

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