CHU v. SABRATEK CORP.

No. 99 C 351.

100 F.Supp.2d 827 (2000)

Dennis CHU, Ambassador Window and Door Company Pension Plan and Trust, and Bruce Braverman, et al., individually and on behalf of all others similarly situated, Plaintiffs, v. SABRATEK CORPORATION, K. Shan Padda, Anil K. Rastogi, Steven L. Holden, Doron C. Levitas, Vincent J. Capponi, Alan E. Jordan, Stephan C. Beal, Elliot R. Mandell, Scott P. Skooglund, William C. Lautman, William H. Lomicka, and Kpmg LLP, Defendants.

United States District Court, N.D. Illinois, Eastern Division.

June 13, 2000.


Attorney(s) appearing for the Case

Marvin Alan Miller, Miller Faucher and Cafferty, LLP, Chicago, IL, Bruce G. Murphy, Law Offices of Bruce G. Murphy, Vero Beach, FL, for plaintiffs Dennis Chu, Ambassador Window and Door Co., Pension Plan and Trust, Bruce Braverman, Glenn Chenot, Christine David, Susan Dorman, James Anthony Douchette, Steve Hill, Jeffrey Mahler, Hughes Schrepfer, Ken Schultz.

Steven G. Schulman, Samuel H. Rudman, Michael Swick, Milberg, Weiss, Bershad, Hynes & Lerach, LLP, New York, NY, for Dennis Chu.

Joseph D. Ament, Much, Shelist, Freed, Denenberg, Ament & Rubenstein, P.C., Chicago, IL, David J. Bershad, Milberg, Weiss, Bershad, Hynes & Lerach, LLP, New York, NY, for plaintiffs Ambassador Window and Door Co. Pension Plan and Trust, Bruce Braverman, Glenn Chenot, Christine David, Susan Dorman, James Anthony Douchette, Steve Hill, Jeffrey Mahler, Hughes Schrepfer, Ken Schultz.

Ronald L. Marmer, Jerold Sherwin Solovy, Daniel Francis Lynch, John C. Koch, Jenner & Block, Chicago, IL, for defendants Sabratek Corp., K. Shan Padda, Vincent J. Capponi, Stephen C. Beal, Elliott R. Mandell, Scott P. Skooglund, Anil K. Rastogi, Alan E. Jordan.

Joseph J. Duffy, Corey B. Rubenstein, Stetler & Duffy, Ltd., Chicago, IL, for defendant Steven L. Holden.

Martin E. Lubitz, Holleb & Coff, Chicago, IL, Brian D. Roche, Lowell E. Sachnoff, Sachnoff & Weaver, Ltd., Chicago, IL, for defendant Doran C. Levitas.

Julian Solotorovsky, William Victor Essig, Kelley, Drye & Warren, Chicago, IL, for defendant Stephen L. Axel.

Terry F. Moritz, Steven A. Levy, Everett Joseph Cygal, Goldberg, Kohn, Bell, Black, Rosenbloom & Moritz, Ltd., Chicago, IL, Martin I. Kaminsky, Justin Y. K. Chu, Pollack Kaminsky, New York, NY, for defendants William D. Lautman, William H. Lomicka.

William F. Lloyd, Frank B. Vanker, Hille von Rosenvinge Sheppard, David Andrew Gordon, Sidley & Austin, Chicago, IL, for defendant KPMG LLP.


MEMORANDUM OPINION AND ORDER

CASTILLO, District Judge.

Today we issue two opinions resolving various motions to dismiss this securities fraud lawsuit. The first opinion denies in part and grants in part Defendant KPMG's motion to dismiss the claims against it, ("Chu I"). In this opinion, ("Chu II"), we resolve motions to dismiss by each of the remaining individual defendants.1 (R. 81-1 (Levitas' motion),...

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