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STEVENS v. INPHONIC, INC.

Civil Action No. 07-0930 (RBW).

662 F.Supp.2d 105 (2009)

Thomas STEVENS, et al., Plaintiffs, v. INPHONIC, INC., et al., Defendants.

United States District Court, District of Columbia.

October 9, 2009.

Attorney(s) appearing for the Case

Steven J. Toll, Andrew N. Friedman, Cohen Milstein Sellers & Toll, PLLC, Washington, DC, for Plaintiffs.

David A. Becker, J. Christian Word, Laurie Beth Smilan, Latham & Watkins LLP, Washington, DC, for Defendants.

MEMORANDUM OPINION

REGGIE B. WALTON, District Judge.

On May 5, 2008, the plaintiffs, purchasers of common stock from InPhonic, Inc. ("InPhonic"), filed their First Amended Class Action Complaint ("Am. Compl.") alleging that between May 8, 2006, and October 11, 2007 (the "Class Period"), Am. Compl. ¶ 1, the defendants, David A. Steinberg ("Steinberg"), InPhonic's Chief Executive Officer ("CEO") and Chairman of the Board of Directors, and Lawrence...

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