Reiger

AMENDED ORDER GRANTING MOTION TO DISMISS SECOND AMENDED CLASS ACTION COMPLAINT; TERMINATING CASE WITH PREJUDICE

Defendant Price Waterhouse Coopers, LLP moves to dismiss Plaintiffs’ Second Amended Class Action Complaint for failure to comply with the pleading requirements of the Private Securities Litigation Reform Act of 1995, Pub.L. No. 104-67, 109 Stat. 743 (1995). The Court has jurisdiction pursuant to 15 U.S.C. § 78aa and 28 U.S.C. § 1331 . Having read and considered the papers submitted, the Court GRANTS the motion for the reasons expressed below.

I. BACKGROUND

Altris Software, Inc. (“Altris”) is a producer and seller of document management software whose stock traded on the NASDAQ National Market System. (SACAC ¶¶ 2, 36.) Altris retained Defendant Price WaterhouseCoopers LLP (“Price Waterhouse”), a certified public accounting firm, to audit the company’s 1996 financial statements. (Id. ¶¶ 19, 54.) In connection with the audit, Altris furnished Price Wa-terhouse with extensive documentation including written contracts, purchase orders, invoices, shipping documents, billing and payment data and installation schedules for at least 25 large transactions. (Id. ¶¶ 5, 57.) At…