05/18/2009 03:37:24 PM EST
In re Connetics Corp. Sec. Litig., 2009 U.S. Dist. LEXIS 39914
Class certification was granted because retirement fund's post-disclosure purchases did not automatically defeat typicality, it was entitled to a presumption that it relied on the integrity of the market and the fund shared the class members' interest in proving that the stock price was artificially inflated due to defendants' misrepresentations.