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CITY OF ROSEVILLE EMPLOYEES' RETIREMENT SYSTEM v. TEXTRON, INC.

Case No. 09-cv-00367-PB.

810 F.Supp.2d 434 (2011)

CITY OF ROSEVILLE EMPLOYEES' RETIREMENT SYSTEM v. TEXTRON, INC. et al.

United States District Court, D. Rhode Island.

August 24, 2011.

Attorney(s) appearing for the Case

Barry J. Kusinitz, Providence, RI, Danielle S. Myers, Robbins Geller Rudman & Dowd, LLP, San Diego, CA, David J. George, Robert J. Robbins, Robbins Geller Rudman & Dowd, LLP, Boca Raton, FL, Samuel H. Rudman, Robbins Geller Rudman & Dowd, LLP, Melville, NY, for City of Roseville Employees' Retirement System,

John A. Tarantino, Nicole J. Benjamin, Patricia K. Rocha, Adler Pollock & Sheehan P.C., Providence, RI, Brian M. Lutz, Mitchell A. Karlan, Gibson, Dunn & Crutcher, LLP, New York, NY, for Defendants.

MEMORANDUM AND ORDER

PAUL BARBADORO, District Judge.

This is a securities fraud class action in which the plaintiffs claim that Textron, Inc. and several of its senior officers made a series of statements about the company's financial condition that were actionably misleading because they omitted important qualifying information. Because I determine that plaintiffs have failed to plead sufficient facts to support their contention that the statements...

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