On October 30th, the U.S. District Court denied all but one individual defendant’s motions to dismiss a putative class action securities fraud complaint. The Court found that plaintiffs’ confidential witness statements contained a high degree of specificity including the witness’s title, period of employment, and the state or college in which each witness was employed. Moreover, plaintiffs clearly identified the source of each particular allegation, explaining in each paragraph of the complaint exactly which confidential witness reported what information. The allegations are therefore pleaded with sufficient particularity to withstand defendants’ motions to dismiss. Ross v. Career Education Corp.