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IN RE POZEN SECURITIES LITIGATION

No. 1:04CV00505.

386 F.Supp.2d 641 (2005)

In re POZEN SECURITIES LITIGATION

United States District Court, M.D. North Carolina.

August 30, 2005.

Attorney(s) appearing for the Case

David A. Rosenfeld, Samuel H. Rudman, Cauley Geller Bowman Coates & Rudman, LLP, Melville, NY, Harry H. Albritton, Jr., Marvin Key Blount, Jr., The Blount Law Firm, P.L.L.C., Greenville, NC, Laurence D. Paskowitz, Paskowitz & Associates, New York City, Marc A. Topaz, Richard A. Maniskas, Schiffrin & Barroway, LLP, Radnor, PA, S. Ranchor Harris, III, Wilson & Iseman, L.L.P., Winston-Salem, NC, Daniel S. Sommers, James E. McGovern, Steven J. Toll, Cohen Milstein Hausfeld & Toll, P.L.L.C., Washington, DC, for Plaintiffs.

Pressly McAuley Millen, Womble Carlyle Sandridge & Rice, Raleigh, NC, for Defendants.

MEMORANDUM OPINION

BULLOCK, District Judge.

Lead Plaintiff Emanuel Klibaner and all investors similarly situated ("Plaintiffs") bring this putative class action against Pozen, Inc., and John R. Plachetka, Pozen's Chairman, President, and Chief Executive Officer, (together, "Defendants") alleging securities fraud in violation of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (15 U.S.C. §§ 78j(b) and 78t(a)) and Rule 10b-5...

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