In re Veritas Software Corp. Securities Litigation

Decision Denying Motion to Dismiss Amended Complaint

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This case covers all purchasers of the securities of Veritas Software Corporation (“Veritas”) during the period from April 23, 2003 through July 6, 2004.

Schatz Nobel Izard, P.C. was appointed as Lead Counsel by the United States District Court for the District of Delaware on March 3, 2005. An Amended Complaint, filed on May 27, 2005, alleges that Defendants misrepresented the company’s financial results and status and its forecast of future results.

This document is the Court's decision denying the Defendants' Motion to Dismiss the Amended Complaint.

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Published In: Securities Updates

Reference Info:Decision | Federal, 3rd Circuit, Delaware | United States

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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