Backe

Backe v. Novatel Wireless, Inc.

Good Law

607 F. Supp. 2d 1145·2009 WL 962680·2009 U.S. Dist. LEXIS 32684

United States District Court, Southern District of CaliforniaApril 1, 2009Case 08-CV-01689-H (RBB)California9,906 words

Opinion

Huff, J.

ORDER DENYING MOTION TO DISMISS

On January 9, 2009, lead Plaintiff Pension Fund Group filed a consolidated securities class action complaint (“CC”) against Defendants Novatel Wireless, Inc. (“Nova-tel”), Peter V. Leparulo, George B. Weinert, Robert M. Hadley, Slim S. Souissi, and Catherine F. Ratcliffe. (Doc. No. 23.) On February 9, 2009, Defendants filed a motion to dismiss the amended complaint. (Doc. Nos. 26-29.) Plaintiff filed a response in opposition on March 11, 2009. (Doc. Nos. 31-34.) Defendants filed a reply on March 23, 2009. (Doc. Nos. 37-39.) The Court held a hearing on the matter on March 30, 2009. Doug Britton, Eric Niehaus, and Lucas Olts appeared on behalf of Plaintiff. Eric Landau, Travis Biffar, and Shawn Harpen appeared on behalf of Defendants.

For the reasons set forth below, the Court denies Defendants’ motion to dismiss.

Background

For purposes of this motion to dismiss, the Court accepts as true all well-pleaded facts alleged in the Consolidated Class Action Complaint (“Complaint” or “CC”). Gompper v. VISX, Inc., 298 F.3d 893, 895 (9th Cir.2002). Additionally, the Court as explained below has taken judicial notice of certain documents.

A.…

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