In re Veritas Software Corp. Securities Litigation

Defendants' Memorandum in Support of Motion to Dismiss

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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.

This document is Defendants’ Motion to Dismiss the Complaint, which the Court denied on May 23, 2006. 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.

The case is currently in discovery, which is scheduled to finish in September 2008.

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Reference Info:Legal Memoranda: Motion Addressed to Pleadings | 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.

© Izard Nobel LLP | Attorney Advertising

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