We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Judge Refuses To Lift Stay In Securities Suit

Law360 (July 23, 2007, 12:00 AM EDT) -- A judge has decided not to lift the stay in a securities suit filed against Aspen Technology Inc., denying the plaintiffs’ request to access documents provided by the company to regulators before the court rules on the defendants’ motions to dismiss.

Judge John F. Keenan of the U.S. District Court for the Southern District of New York ruled on Wednesday that the plaintiffs, former employees and shareholders of AspenTech, failed to show that a stay in the case would “cause them to suffer undue prejudice,” and...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.