IN RE TWINLAB CORP. SECURITIES LITIGATION

No. 98-CV-7425.

103 F.Supp.2d 193 (2000)

In re TWINLAB CORPORATION SECURITIES LITIGATION.

United States District Court, E.D. New York.

July 5, 2000.


Attorney(s) appearing for the Case

Milberg, Weiss, Bershad, Hynes & Lerach, LLP, New York City, Robert P. Sugarman, Samuel H. Rudman, Sanford Dumain, Andrea McBarnette, of counsel, for plaintiffs.

Schiffrin & Barroway, LLP, Bala Cynwyd, PA, Marc A. Topaz, Gregory M. Castaldo, David Kessler, of counsel, for plaintiffs.

Wilkie, Farr & Gallagher, New York City, Michael Young, John R. Oller, Tony Yanez, of counsel, for defendant Twinlab Corp.

Simpson, Thacher & Bartlett, New York City, Michael Chepiga, Lauren J. Rosenblum, of counsel, for defendant John McCusker.

Mayer, Brown & Platt, New York City, Dennis Orr, Richard Spehr, Anthony Diana, of counsel, for defendants Ross Blechman and Dan Blechman.

Skadden, Arps, Slate, Meagher & Flom, LLP, New York City, Jay B. Kasner, Joanne Gaboriault, of counsel, for defendants Bear, Stearns & Co., Inc. and Donaldson, Lufkin & Jenrette Securities Corp.

Schulte, Roth & Zabel, New York City, Daniel J. Kramer, of counsel, for defendants Green Equity Investors II, LP; Leonard Green & Partners, LP; John G. Danhakl; and Jennifer Holden Dunbar.


MEMORANDUM OF DECISION AND ORDER

SPATT, District Judge.

This class action securities fraud case was brought by purchasers of stock in Defendant Twinlab Corp. ("Twinlab") against the corporation, its underwriters, and its directors and officers, alleging that the company engaged in fraudulent accounting and business practices in an effort to artificially inflate its stock price. Presently before the Court are motions to dismiss the complaint by each of the...

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