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GOPLEN v. 51JOB, INC.

Nos. 05 CIV. 0769(CSH), 05 CIV. 7527(CSH).

453 F.Supp.2d 759 (2006)

Bruce GOPLEN, Individually and On Behalf of All Others Similarly Situated, Plaintiff, v. 51JOB, INC., Donald Lucas, Rick Yan, and Kathleen Chien, Defendants. Floyd W. Webster, Keith Webster, Kent Webster, Amil Dipadova, and Robert Wistrand, Individually and On Behalf of All Others Similarly Situated, Plaintiffs, v. 51Job, Inc., Rick Yan, Kathleen Chien, and Donald Lucas, Defendants.

United States District Court, S.D. New York.

September 28, 2006.

Attorney(s) appearing for the Case

January Leigh Kerr, Sharon Maine Lee, David A.P. Brower, January L. Kerr, Milberg Weiss Bershad & Schulman LLP, Robert I. Harwood, Samuel Kenneth Rosen, Wechsler Harwood LLP, New York, NY, Marc A. Topaz, Tamara Skvirsky, Schiffrin & Barroway, L.L.P., Bala Cynwyd, PA, for Plaintiffs.

Meredith Eve Kotler, Glenn Charles Colton, Wilson Sonsini Goodrich & Rosati, New York, NY, David L. Lansky, Wilson Sonsini Goodrich & Rosati, Palo Alto, CA, for Defendants.

MEMORANDUM OPINION AND ORDER

HAIGHT, Senior District Judge.

In this securities fraud action, a purported class of shareholders in 51job, Inc. ("51job" or the "Company") alleges that 51job and several of its high-level officers and directors—President and CEO Rick Yan, CFO Kathleen Chien, and Chairman of the Board Donald Lucas—made false and misleading statements with respect to the company's revenues and expected growth, in violation...

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