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IN RE SIERRA WIRELESS, INC. SECURITIES LITIGATION

No. 05-md-1696 (SHS).

482 F.Supp.2d 365 (2007)

In re SIERRA WIRELESS, INC. SECURITIES LITIGATION. (This document relates to all actions)

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

April 18, 2007.

Attorney(s) appearing for the Case

David A. Rosenfeld, Mario Alba, Jr., Lerach Coughlin Stoia Geller Rudman & Robbins LLP, Melville, NY, for National Elevator Industry Pension Plan.

David A. Rosenfeld, Lerach Coughlin Stoia Geller Rudman & Robbins LLP, Melville, NY, for Cary Boyko, Roger S. Curry, James M. Dowd, Andy Hua, John Travan.

Samuel Howard Rudman, Lerach Coughlin Stoia Geller Rudman & Robbins LLP, Melville, NY, for J. John Lawler.

Sharon Maine Lee, Milberg Weiss Bershad & Schulman LLP (NYC), New York, NY, for The Boyko Group.

Daniella Quitt, Wechsler Harwood LLP, New York, NY, for ABC Arbitrage.

Marc Ian Gross, Pomerantz Haudek Block Grossman & Gross, LLP, New York, NY, for Kostmayer Investments, Inc., Anthony Krzywicki, Ming Hong Club.

Eric James Belfi, Labaton Rudoff & Sucharow LLP, New York, NY, for Takhar Group.

Evan J. Smith, Brodsky & Smith, LLC, Mineola, NY, for Ruiz Group.

OPINION AND ORDER

STEIN, U.S. District Judge.

Plaintiffs — purchasers of securities in Sierra Wireless, Inc ("Sierra") during the period from January 28, 2004 to January 26, 2005 (the "class period") — bring this action against Sierra and three of its corporate officers pursuant to sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder. In their consolidated amended...

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