Judge Tosses Claims Against AspenTech Trio

Law360 (March 20, 2008, 12:00 AM EDT) -- Former top executives of Aspen Technology Inc. have convinced a federal judge to dismiss a slew of claims in a lawsuit brought by major shareholders alleging the trio painted a rosy, and inaccurate, picture of the company's financial health.

However, the top ranking AspenTech officers – Lawrence B. Evans, David L. McQuillin and Lisa Zappala – are not out of the woods yet, with a federal judge giving the investors a second chance to plead at least part of their case.

In his ruling Wednesday, Manhattan...
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