District Court, D. Oregon January 25, 2002, 01-332-KI (In Re Nike, Inc. Securities Litigation)

OPINION

KING, District Judge.

Following a dramatic drop in the price of Nike, Inc., stock, numerous actions were filed against Nike and five of its corporate officers alleging violations of the Securities Exchange Act of 1934. These were consolidated into the proposed class action assigned to me. Before the court is defendants’ motion to dismiss (# 37).