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JOHANSSON v. FERRARI

Civil Action No. 14-42-GMS.

MATZ JOHANSSON, on behalf of himself and all others similarly situated, Plaintiff, v. LOUIS FERRARI, GINGER CONSTANTINE, M.D., STEPHEN O. JAEGER, DAVID P. MEEKER, M.D., DAVID Y. NORTON, ROBERT G. SAVAGE, VIRGIL THOMPSON, RICHARD CROWLEY, JOHN P. HAMILL, PHILIP K. YACHMETZ, and DAVID G. GI ON CO, Defendants.

United States District Court, D. Delaware.

August 20, 2015.

Attorney(s) appearing for the Case

Matz Johansson, Plaintiff, represented by Seth D. Rigrodsky , Rigrodsky & Long, P.A., Brian D. Long , Rigrodsky & Long, P.A. & Gina M. Serra , Rigrodsky & Long, P.A..

Louis Ferrari, Defendant, represented by Robert Scott Saunders , Skadden, Arps, Slate, Meagher & Flom, Alisha Q. Nanda & James R. Carroll .

Ginger Constantine, M.D., Defendant, represented by Robert Scott Saunders , Skadden, Arps, Slate, Meagher & Flom.

Stephen O. Jaeger, Defendant, represented by Robert Scott Saunders , Skadden, Arps, Slate, Meagher & Flom.

David P. Meeker, M.D., Defendant, represented by Robert Scott Saunders , Skadden, Arps, Slate, Meagher & Flom.

David Y. Norton, Defendant, represented by Robert Scott Saunders , Skadden, Arps, Slate, Meagher & Flom.

Robert G. Savage, Defendant, represented by Robert Scott Saunders , Skadden, Arps, Slate, Meagher & Flom.

Virgil Thompson, Defendant, represented by Robert Scott Saunders , Skadden, Arps, Slate, Meagher & Flom.

Richard Crowley, Defendant, represented by Robert Scott Saunders , Skadden, Arps, Slate, Meagher & Flom.

John P. Hamill, Defendant, represented by Robert Scott Saunders , Skadden, Arps, Slate, Meagher & Flom.

Philip K. Yachmetz, Defendant, represented by Robert Scott Saunders , Skadden, Arps, Slate, Meagher & Flom.

David G. Gionco, Defendant, represented by Robert Scott Saunders , Skadden, Arps, Slate, Meagher & Flom.

MEMORANDUM

I. INTRODUCTION

The plaintiff Matz Johansson ("Johansson") initiated this securities fraud action against former directors and officers (collectively, "the Defendants") of Savient Pharmaceuticals ("Savient") on January 15, 2014.1 (D.I. 1.) Johansson alleges...

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