Securities Litigation: Openwave

Garfield v. Openwave Systems, Inc
USDC SD New York
Option Timing

Company background

Litigation background

Lead plaintiffs

Complaint

Answer

Motion to Dismiss Granted / Dismissed

Filings

Opposition brief

Supplemental authority

Opinion

Defendants motion to dismiss is granted with respect to
all Securities Act claims; granted with respect to the Exchange Act Section 10(b) and SEC Rule 10b-5 claims as to defendants Peterschmidt, Covert, Helf, Jabbar, Rossmann, Evans and Verhalen; and granted with respect to the Exchange Act Section 20A claims as to defendants Peterschmidt, Rossmann, Snyder, Peters and Wilkinson. the motion to dismiss is denied with respect to the Exchange Act Section 10(b) and SEC Rule 10b-5 claims as to defendants Openwave, Puckett, Denman, Hedfors, Listwin, Black, Pace and Kennedy; denied with respect to the Exchange Act Section 20(a) claims; and denied with respect to the Exchange Act Section 20A claims as to defendants Puckett, Listwin, Pace and Kennedy.

Plaintiff motion