Opinion
07-cv-10279 (GBD).
July 27, 2010
MEMORANDUM OPINION AND ORDER
Plaintiffs move for reconsideration of this Court's September 25, 2009 Order dismissing Plaintiffs' Consolidated Complaint for failure to allege any actionable false statements or material omissions and to adequately allege an inference of Defendants' scienter. Plaintiffs ask the Court to grant Plaintiffs the opportunity to file its Proposed First Amended Complaint. Plaintiffs' Proposed First Amended Complaint cures the fatal deficiencies in the Consolidated Complaint and adequately pleads violations of the federal securities laws.
Plaintiff's motion for reconsideration is granted. Plaintiff's request for leave to file its Proposed First Amended Complaint is granted.
SO ORDERED: