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IN RE NVE CORP. SECURITIES LITIGATION

Civil No. 06-574 (MJD/JJG).

551 F.Supp.2d 871 (2007)

In re NVE CORPORATION SECURITIES LITIGATION.

United States District Court, D. Minnesota.

July 3, 2007.

Attorney(s) appearing for the Case

Gregg M. Corwin, Gregg M. Corwin & Associates Law Office, PC, St. Louis Park, MN, and William B. Federman, Federman & Sherwood, Counsel for Plaintiffs.

Peter W. Carter, Thomas M. Jancik, and Seth J.S. Leventhal, Dorsey & Whitney LLP, Minneapolis, MN, Counsel for Defendants NVE Corporation, Daniel A. Baker, James M. Daughton, and Jeffrey K. Kaszubinski.

MEMORANDUM OF LAW & ORDER

MICHAEL J. DAVIS, District Judge.

I. INTRODUCTION

This matter is before the Court on Defendants' Amended Motion to Dismiss. [Docket No. 45] The Court heard oral argument on March 9, 2007.

II. BACKGROUND

A. Factual Background

1. Parties

NVE Corporation ("NVE") is a Minnesota-based corporation that specializes in spintronics, nanotechnology used to store information using electron...

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