In Re Hansen Natural Corp. Securities Litigation

Good Law
527 F. Supp. 2d 1142·2007 WL 3274427·2007 U.S. Dist. LEXIS 84391
United States District Court, Central District of CaliforniaOctober 16, 2007CV 06-7599-JFW (PLAx)California9,855 words

Opinion

Opinion

Walter, J.

ORDER GRANTING MOTION OF HANSEN NATURAL CORPORATION TO DISMISS CONSOLIDATED CLASS ACTION COMPLAINT [filed 6/25/07; docket no. 85]; and ORDER GRANTING INDIVIDUAL DEFENDANTS’ MOTION TO DISMISS CONSOLIDATED CLASS ACTION COMPLAINT [filed 6/25/07; docket no. 83]

On June 25, 2007, Defendant Hansen Natural Corporation (“Hansen”) filed its Motion to Dismiss Consolidated Class Action Complaint. On June 25, 2007, Defendants Rodney C. Sacks, Hilton H. Schlosberg, Mark J. Hall, Thomas J. Kelly, Michael B. Schott, Norman C. Epstein, Harold C Taber, and Mark S. Vi-dergauz (collectively, “Individual Defendants”) (“Individual Defendants” and “Hansen” will be known collectively as “Defendants”) filed their Motion to Dismiss Consolidated Class Action Complaint. On August 16, 2007, Lead Plaintiff Jason E. Peltier (“Plaintiff’) filed his Omnibus Opposition to Defendants’ Motions to Dismiss Consolidated Class Action Complaint. On September 12, 2007, Defendants filed their Consolidated Reply Brief in Support of Their Motions to Dismiss. The Court found the matter appropriate for submission on the papers without oral argument. See Local Rule 7-15; Fed. R. Civ. Proc. 78. The matter was, therefore,…

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