Becker Glynn Wins Summary Judgment in Federal Class Action Securities Fraud Case After Successfully Precluding Plaintiffs’ Expert Witness

On April 25, 2008, Judge Rya Zobel of the United States District Court for the District of Massachusetts granted our clients’ motion to preclude the testimony of the plaintiffs’ expert witness in a trial scheduled to begin the same week.  The court, after delaying the trial in order to conduct an evidentiary hearing, agreed with our position that the plaintiffs’ expert’s methodology was unreliable and inadmissible under the Daubert standard.  The following week, Judge Zobel reconsidered and granted our clients’ motion for summary judgment based on the plaintiffs’ inability to proceed without expert testimony.  The entire case was dismissed with prejudice.  The firm acted as co-counsel with Wilmer Cutler Pickering Hale and Dorr LLP