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IN RE LEHMAN BROTHERS SECURITIES AND ERISA LITIGATION

No. 09 MD 2017(LAK).

683 F.Supp.2d 294 (2010)

In re LEHMAN BROTHERS SECURITIES AND ERISA LITIGATION This document applies to: In re Lehman Brothers ERISA Litigation, 08 Civ. 5598(LAK).

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

February 2, 2010.

Attorney(s) appearing for the Case

Mark C. Rifkin, Scott J. Farrell, Rachel S. Poplock, Wolf Haldenstein Adler Freeman & Herz LLP, Thomas J. McKenna, Gainey & McKenna, for Plaintiffs.

Michael Joseph Chepiga, Jonathan K. Youngwood, Simpson Thacher & Bartlett LLP, for all Defendants except Richard S. Fuld.

Patricia M. Hynes, Todd Steven Fishman, Allen & Overy, LLP, for Defendant, Richard S. Fuld.

MEMORANDUM OPINION

LEWIS A. KAPLAN, District Judge.

One of the pivotal events of the financial crisis that burst in late 2008 was the spectacular failure of Lehman Brothers Holdings, Inc. ("Lehman"), a major investment banking house. This collapse, like other major financial disasters, has spawned a flurry of class actions and other lawsuits including this one.

This case concerns the Lehman Brothers Savings Plan (the "Plan"), which held Lehman stock...

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