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ALLISON v. LOMAS

No. 1:04 CV 00991.

387 F.Supp.2d 516 (2005)

Barbara ALLISON, et al., Plaintiffs, v. Michael A. LOMAS, et al, Defendants.

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

August 26, 2005.

Attorney(s) appearing for the Case

Gregory Bartko, Law Office of Gregory Bartko, Atlanta, GA, J. Wesley Covington, Bryant Patterson Covington, Durham, NC, for Plaintiffs.

Julie M. O'Daniel, Alston & Bird, Atlanta, GA, Anne J. Randall, Alston & Bird, LLP, Charlotte, NC, Grayson Lawrence Reeves, Jr., Patterson Dilthey Clay Bryson Anderson, LLP, Raleigh, NC, for Defendants.

MEMORANDUM OPINION

BULLOCK, District Judge.

Barbara Allison and 209 other individual plaintiffs ("Plaintiffs") filed their First Amended Complaint on November 22, 2004, alleging violations of Sections 5(a), 5(c), 12(a)(1), 12(a)(2), and 15 of the Securities Act of 1933 (15 U.S.C. §§ 77e(a), 77e(c), 77l(a)(1), 77l(a)(2), and 77o), Section 10(b) of the Securities Exchange Act of 1934 (15 U.S.C. § 78j(b)) and Rule 10b-5 promulgated...

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