Court of Appeals for the Ninth Circuit May 11, 2009, No. 08-15057 (Baker v. Pricewaterhousecoopers LLP)

MEMORANDUM *

Plaintiffs filed a class action lawsuit based on securities fraud against several individual defendants (collectively “Defendants”) that held various positions in Red-back Networks, Inc. (“Redback”). Plaintiffs appeal the district court’s dismissal of Plaintiffs’ complaint for failure to state a claim upon which relief can be granted. We have jurisdiction under 28 U.S.C.