BACH v. AMEDISYS, INC.

Civil Action No. 10-00395-BAJ-RLB.

ROBERT F. BACH, ET AL., v. AMEDISYS, INC., ET AL.

United States District Court, M.D. Louisiana.

August 19, 2016.


Attorney(s) appearing for the Case

Robert F. Bach, Plaintiff, represented by Jeremy A. Lieberman , Pomerantz Haudek Grossman and Gross, LLP, pro hac vice, Gerald D. Wells, III , Connolly Wells & Gray, LLP, pro hac vice, J. Gerard Stranch , Branstetter, Stranch & Jennings, pro hac vice, Julie Richard-Spencer , Robein, Urann, Spencer, Picard & Cangemi, APLC, Marc I. Gross , Pomerantz Grossman Hufford Dahlstrom & Gross LLP, pro hac vice & Michael E. Ponder .

Diane E. Bach, Plaintiff, represented by Jeremy A. Lieberman , Pomerantz Haudek Grossman and Gross, LLP, pro hac vice, Gerald D. Wells, III , Connolly Wells & Gray, LLP, pro hac vice, J. Gerard Stranch , Branstetter, Stranch & Jennings, pro hac vice, Julie Richard-Spencer , Robein, Urann, Spencer, Picard & Cangemi, APLC, Marc I. Gross , Pomerantz Grossman Hufford Dahlstrom & Gross LLP, pro hac vice & Michael E. Ponder .

City of Birmingham Retirement and Relief System, Plaintiff, represented by Brandon Scott Andrews , Due' Price Guidry Piedrahita Andrews L.C., Gerald D. Wells, III , Connolly Wells & Gray, LLP, pro hac vice, J. Gerard Stranch , Branstetter, Stranch & Jennings, pro hac vice & Julie Richard-Spencer , Robein, Urann, Spencer, Picard & Cangemi, APLC.

Nirav T. Patel, Plaintiff, represented by Richard J. Arsenault , Neblett, Beard & Arsenault, Charles Michael Bollinger , Neblett, Beard & Arsenault, Gerald D. Wells, III , Connolly Wells & Gray, LLP, pro hac vice, J. Gerard Stranch , Branstetter, Stranch & Jennings, pro hac vice & Julie Richard-Spencer , Robein, Urann, Spencer, Picard & Cangemi, APLC.

City of Pontiac General Employees' Retirement System, Plaintiff, represented by Julie Richard-Spencer , Robein, Urann, Spencer, Picard & Cangemi, APLC, Gerald D. Wells, III , Connolly Wells & Gray, LLP, pro hac vice & J. Gerard Stranch , Branstetter, Stranch & Jennings, pro hac vice.

Amedisys Securities Investors, Plaintiff, represented by Lewis Stephen Kahn , Kahn Swick & Foti, LLC, Gerald D. Wells, III , Connolly Wells & Gray, LLP, pro hac vice, J. Gerard Stranch , Branstetter, Stranch & Jennings, pro hac vice & Julie Richard-Spencer , Robein, Urann, Spencer, Picard & Cangemi, APLC.

City of Tallahhassee Retirement System, Plaintiff, represented by Patrick Craig Morrow , Morrow, Morrow, Ryan & Bassett, Gerald D. Wells, III , Connolly Wells & Gray, LLP, pro hac vice, J. Gerard Stranch , Branstetter, Stranch & Jennings, pro hac vice & Julie Richard-Spencer , Robein, Urann, Spencer, Picard & Cangemi, APLC.

West Palm Beach Police Pension Fund, Plaintiff, represented by Eric R. Nowak , Harrell & Nowak, Gerald D. Wells, III , Connolly Wells & Gray, LLP, pro hac vice, J. Gerard Stranch , Branstetter, Stranch & Jennings, pro hac vice, Julie Richard-Spencer , Robein, Urann, Spencer, Picard & Cangemi, APLC & Shirin E. Harrell , Harrell & Nowak.

Baltimore County Employees' Retirement System, Plaintiff, represented by Julie Richard-Spencer , Robein, Urann, Spencer, Picard & Cangemi, APLC, Gerald D. Wells, III , Connolly Wells & Gray, LLP, pro hac vice & J. Gerard Stranch , Branstetter, Stranch & Jennings, pro hac vice.

Public Employees' Retirement System of Mississippi, Plaintiff, represented by Richard Ieyoub , Ieyoub Law Firm, LLC, Adam D. Hollander , Bernstein Litowitz Berger & Grossman LLP, pro hac vice, Adam Wierzbowski , Bernstein Litowitz Berger & Grossmann LLP, pro hac vice, Esther Elizabeth Robinson , Wolf Popper, LLP, pro hac vice, Gerald H. Silk , Bernstein Litowitz Berger & Grossman LLP, pro hac vice, Gerald D. Wells, III , Connolly Wells & Gray, LLP, pro hac vice, J. Gerard Stranch , Branstetter, Stranch & Jennings, pro hac vice, Jeremy Robinson , Bernstein Litowitz Berger & Grossmann LLP, pro hac vice, John C. Browne , Bernstein Litowitz Berger & Grossman LLP, pro hac vice, Julie Richard-Spencer , Robein, Urann, Spencer, Picard & Cangemi, APLC, Marian Rosner , Wolf Popper, LLP, pro hac vice, Marshall G. Bennett , Wolf Popper, LLP, pro hac vice, Robert C. Finkel , Wolf Popper, LLP, pro hac vice & William C. Fredericks , Bernstein Litowitz Berger & Grossmann LLP, pro hac vice.

Puerto Rico Teachers' Retirement System, Plaintiff, represented by Richard Ieyoub , Ieyoub Law Firm, LLC, Adam D. Hollander , Bernstein Litowitz Berger & Grossman LLP, pro hac vice, Adam Wierzbowski , Bernstein Litowitz Berger & Grossmann LLP, pro hac vice, Esther Elizabeth Robinson , Wolf Popper, LLP, pro hac vice, Gerald H. Silk , Bernstein Litowitz Berger & Grossman LLP, pro hac vice, Gerald D. Wells, III , Connolly Wells & Gray, LLP, pro hac vice, J. Gerard Stranch , Branstetter, Stranch & Jennings, pro hac vice, Jeremy Robinson , Bernstein Litowitz Berger & Grossmann LLP, pro hac vice, John C. Browne , Bernstein Litowitz Berger & Grossman LLP, pro hac vice, Julie Richard-Spencer , Robein, Urann, Spencer, Picard & Cangemi, APLC, Marian Rosner , Wolf Popper, LLP, pro hac vice, Marshall G. Bennett , Wolf Popper, LLP, pro hac vice, Robert C. Finkel , Wolf Popper, LLP, pro hac vice & William C. Fredericks , Bernstein Litowitz Berger & Grossmann LLP, pro hac vice.

Macomb County Employees' Retirement System, Plaintiff, represented by Darren J. Robbins , Robbins Geller Rudman & Dowd LLP, pro hac vice, Douglas Wilens , Robbins Geller Rudman & Dowd LLP, pro hac vice, Gerald D. Wells, III , Connolly Wells & Gray, LLP, pro hac vice, J. Gerard Stranch , Branstetter, Stranch & Jennings, pro hac vice & Julie Richard-Spencer , Robein, Urann, Spencer, Picard & Cangemi, APLC.

David Isman, Plaintiff - Consolidated, represented by Richard J. Arsenault , Neblett, Beard & Arsenault & Charles Michael Bollinger , Neblett, Beard & Arsenault.

Melvin W. Brinkley, Plaintiff - Consolidated, represented by Eric R. Nowak , Harrell & Nowak & Shirin E. Harrell , Harrell & Nowak.

Northumberland County Pension Fund, Plaintiff - Consolidated, represented by Jay N. Razzouk , Robbins Arroyo LLP, pro hac vice.

Northumberland County Pension Fund, Plaintiff - Consolidated, represented by Jillian A. S. Roman , Cohen, Placitella & Roth, pro hac vice.

Northumberland County Pension Fund, Plaintiff - Consolidated, represented by Kevin A. Seely , Robbins Arroyo LLC, pro hac vice, Michael Coren , Cohen, Placitella & Roth, pro hac vice & Stewart L. Cohen , Cohen, Placitella & Roth, pro hac vice.

Northumberland County Pension Fund, Plaintiff - Consolidated, represented by Stuart J. Guber , Cohen, Placitella & Roth, pro hac vice.

Laborers' District Council and Contractors' Pension Fund of Ohio, Plaintiff - Consolidated, represented by Julie Richard-Spencer , Robein, Urann, Spencer, Picard & Cangemi, APLC, J. Gerard Stranch , Branstetter, Stranch & Jennings, pro hac vice, Jay N. Razzouk , Robbins Arroyo LLP, pro hac vice, Joe P. Leniski, Jr. , Kevin A. Seely , Robbins Arroyo LLC, pro hac vice, Michael G. Stewart , Branstetter Stranch and Jennings, PLLC, pro hac vice & Steven J. Simerlein , Branstetter Stranch and Jennings, PLLC, pro hac vice.

Dan Himmel, Plaintiff - Consolidated, represented by Tony Clayton , Clayton, Fruge & Ward, Andrew Allen Lemmon , Lemmon Law Firm, L.L.C., Brian J. Robbins , Robbins Arroyo LLP, pro hac vice, Irma L. Netting , Lemmon Law Firm, Jay N. Razzouk , Robbins Arroyo LLP, pro hac vice, Kevin A. Seely , Robbins Arroyo LLC, pro hac vice, Michael Paul Fruge' , Clayton & Fruge, Theodore J. Leopold , Leopold Kuvin, P.A., pro hac vice & William C. Wright , Leopold Kuvin, P.A., pro hac vice.

Arik Dvinsky, Plaintiff - Consolidated, represented by Lewis Stephen Kahn , Kahn Swick & Foti, LLC.

Paula Wendland, Plaintiff - Consolidated, represented by Michael Paul Fruge' , Clayton & Fruge, Andrew Allen Lemmon , Lemmon Law Firm, L.L.C., Hamilton Lindley , Goldfarb Granham LLP, pro hac vice, Irma L. Netting , Lemmon Law Firm, Jay N. Razzouk , Robbins Arroyo LLP, pro hac vice, Kevin A. Seely , Robbins Arroyo LLC, pro hac vice & Tony Clayton , Clayton, Fruge & Ward.

Wanda Corbin, Plaintiff - Consolidated, represented by Philip Bohrer , Bohrer Brady, LLC, Caitlin Duffy , Squitieri & Fearon, LLP, pro hac vice, Olga Anna Posmyk , Squitieri & Feraon, LLP, pro hac vice, Scott E. Brady , Bohrer Brady, LLC & Stephen J. Fearon, Jr. , Squitieri & Fearon, LLP, pro hac vice.

Pia Galimba, Plaintiff - Consolidated, represented by Donald L. Beckner , Donald L. Beckner & Associates.

Pia Galimba, Plaintiff - Consolidated, represented by Gerald D. Wells, III , Connolly Wells & Gray, LLP, pro hac vice.

Pia Galimba, Plaintiff - Consolidated, represented by Jacob A. Goldberg , Cohen Placitella & Roth, P.C., pro hac vice, Sandra G. Smith , Faruqi & Faruqi, LLP, pro hac vice, Stephen J. Fearon, Jr. , Squitieri & Fearon, LLP & Scott E. Brady , Bohrer Brady, LLC.

Linda Trammell, Plaintiff - Consolidated, represented by Stephen J. Fearon, Jr. , Squitieri & Fearon, LLP.

Amedisys, Inc., Defendant, represented by Richard Franklin Zimmerman, Jr. , Kantrow, Spaht, Weaver & Blitzer, Darren A. Shuler , King & Spalding LLP, David E. Meadows , King & Spalding, LLP, pro hac vice, David Tetrick, Jr. , King & Spalding, Julie Moffett McCall , Kantrow, Spaht, Weaver & Blitzer, Michael R. Smith , King & Spalding, LLP, pro hac vice & Michael B. Wakefield , King & Spalding, pro hac vice.

William F. Borne, Defendant, represented by Richard Franklin Zimmerman, Jr. , Kantrow, Spaht, Weaver & Blitzer, Darren A. Shuler , King & Spalding LLP, David E. Meadows , King & Spalding, LLP, pro hac vice, David Tetrick, Jr. , King & Spalding, Julie Moffett McCall , Kantrow, Spaht, Weaver & Blitzer, Michael R. Smith , King & Spalding, LLP, pro hac vice & Michael B. Wakefield , King & Spalding, pro hac vice.

Dale E. Redman, Defendant, represented by Richard Franklin Zimmerman, Jr. , Kantrow, Spaht, Weaver & Blitzer, Darren A. Shuler , King & Spalding LLP, David E. Meadows , King & Spalding, LLP, pro hac vice, David Tetrick, Jr. , King & Spalding, Julie Moffett McCall , Kantrow, Spaht, Weaver & Blitzer, Michael R. Smith , King & Spalding, LLP, pro hac vice & Michael B. Wakefield , King & Spalding, pro hac vice.

Alice Schwartz, Defendant, represented by Laranda Moffett Walker , Phelps Dunbar, Alfred Paul LeBlanc, Jr. , Phelps Dunbar, LLP, Jane Robert Goldsmith , Phelps Dunbar, LLP, Jessica C. Huffman , Phelps Dunbar, Karleen Joseph Green , Phelps Dunbar & Shelton Dennis Blunt , Phelps Dunbar, LLP.

Melissa Geci, Defendant, represented by Darren A. Shuler , King & Spalding LLP & David Tetrick, Jr. , King & Spalding.

David R. Pitts, Defendant - Consolidated, represented by Richard Franklin Zimmerman, Jr. , Kantrow, Spaht, Weaver & Blitzer, Darren A. Shuler , King & Spalding LLP, David E. Meadows , King & Spalding, LLP, pro hac vice, David Tetrick, Jr. , King & Spalding, Julie Moffett McCall , Kantrow, Spaht, Weaver & Blitzer & Michael R. Smith , King & Spalding, LLP, pro hac vice.

Ronald A. Laborde, Defendant - Consolidated, represented by Richard Franklin Zimmerman, Jr. , Kantrow, Spaht, Weaver & Blitzer, Darren A. Shuler , King & Spalding LLP, David E. Meadows , King & Spalding, LLP, pro hac vice, David Tetrick, Jr. , King & Spalding, Julie Moffett McCall , Kantrow, Spaht, Weaver & Blitzer & Michael R. Smith , King & Spalding, LLP, pro hac vice.

Peter F. Ricchiuti, Defendant - Consolidated, represented by Richard Franklin Zimmerman, Jr. , Kantrow, Spaht, Weaver & Blitzer, Darren A. Shuler , King & Spalding LLP, David E. Meadows , King & Spalding, LLP, pro hac vice, David Tetrick, Jr. , King & Spalding, Julie Moffett McCall , Kantrow, Spaht, Weaver & Blitzer & Michael R. Smith , King & Spalding, LLP, pro hac vice.

Michael O. Fleming, Defendant - Consolidated, represented by Richard Franklin Zimmerman, Jr. , Kantrow, Spaht, Weaver & Blitzer, Darren A. Shuler , King & Spalding LLP, David E. Meadows , King & Spalding, LLP, pro hac vice, David Tetrick, Jr. , King & Spalding, Julie Moffett McCall , Kantrow, Spaht, Weaver & Blitzer & Michael R. Smith , King & Spalding, LLP, pro hac vice.

Donald A. Washburn, Defendant - Consolidated, represented by Richard Franklin Zimmerman, Jr. , Kantrow, Spaht, Weaver & Blitzer, Darren A. Shuler , King & Spalding LLP, David E. Meadows , King & Spalding, LLP, pro hac vice, David Tetrick, Jr. , King & Spalding, Julie Moffett McCall , Kantrow, Spaht, Weaver & Blitzer & Michael R. Smith , King & Spalding, LLP, pro hac vice.

Jeffrey D. Jeter, Defendant - Consolidated, represented by Richard Franklin Zimmerman, Jr. , Kantrow, Spaht, Weaver & Blitzer, Darren A. Shuler , King & Spalding LLP, David E. Meadows , King & Spalding, LLP, pro hac vice, David Tetrick, Jr. , King & Spalding, Julie Moffett McCall , Kantrow, Spaht, Weaver & Blitzer & Michael R. Smith , King & Spalding, LLP, pro hac vice.

Jake L. Netterville, Defendant - Consolidated, represented by Richard Franklin Zimmerman, Jr. , Kantrow, Spaht, Weaver & Blitzer, Darren A. Shuler , King & Spalding LLP, David E. Meadows , King & Spalding, LLP, pro hac vice, David Tetrick, Jr. , King & Spalding, Julie Moffett McCall , Kantrow, Spaht, Weaver & Blitzer & Michael R. Smith , King & Spalding, LLP, pro hac vice.

Cindy L. Phillips, Defendant - Consolidated, represented by Thomas W. Darling , Gaudry, Ranson, Higgins & Gremillion, Darren A. Shuler , King & Spalding LLP, pro hac vice, David Tetrick, Jr. , King & Spalding, pro hac vice & Michael B. Wakefield , King & Spalding, pro hac vice.

The Plan Administrative Committee, Defendant - Consolidated, represented by Thomas W. Darling , Gaudry, Ranson, Higgins & Gremillion, Darren A. Shuler , King & Spalding LLP, pro hac vice, David Tetrick, Jr. , King & Spalding, pro hac vice & Michael B. Wakefield , King & Spalding, pro hac vice.

Larry R Graham, Defendant - Consolidated, represented by Thomas W. Darling , Gaudry, Ranson, Higgins & Gremillion, Alfred Paul LeBlanc, Jr. , Phelps Dunbar, LLP, Darren A. Shuler , King & Spalding LLP, pro hac vice, David Tetrick, Jr. , King & Spalding, pro hac vice, Jane Robert Goldsmith , Phelps Dunbar, LLP, Jessica C. Huffman , Phelps Dunbar, Karleen Joseph Green , Phelps Dunbar, Laranda Moffett Walker , Phelps Dunbar, Michael B. Wakefield , King & Spalding, pro hac vice & Shelton Dennis Blunt , Phelps Dunbar, LLP.

Mike Snow, Defendant - Consolidated, represented by Thomas W. Darling , Gaudry, Ranson, Higgins & Gremillion, Darren A. Shuler , King & Spalding LLP, pro hac vice, David Tetrick, Jr. , King & Spalding, pro hac vice & Michael B. Wakefield , King & Spalding, pro hac vice.

T. A. Barfield, Jr., Defendant - Consolidated, represented by Thomas W. Darling , Gaudry, Ranson, Higgins & Gremillion, Darren A. Shuler , King & Spalding LLP, pro hac vice, David Tetrick, Jr. , King & Spalding, pro hac vice & Michael B. Wakefield , King & Spalding, pro hac vice.


RULING AND ORDER

Before the Court is Defendants' Motion to Dismiss Plaintiffs' First Amended Consolidated Securities Class Action Complaint (Doc. 279) filed by Defendants Amedisys, Inc. ("Amedisys" or the "Company"), William F. Borne ("Borne"), Larry R. Graham...

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