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IN RE LILCO SECURITIES LITIGATION

No. CV 84-0588.

625 F.Supp. 1500 (1986)

In re LILCO SECURITIES LITIGATION.

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

January 14, 1986.

Attorney(s) appearing for the Case

Arthur N. Abbey by Ralph Ellis, New York City, for plaintiffs Cohen & Schwartz.

Berger & Montague, P.C. by Sherrie R. Savett, Philadelphia, Pa., for plaintiffs Silver.

Milberg, Weiss, Bershad, Specthrie & Lerach by Sol Schreiber, New York City, for plaintiff Bronheim.

Shea & Gould, New York City, for Individual defendants.

Rosalind M. Gordon, Mineola, N.Y., for defendant LILCO.

Milbank, Tweed, Hadley & McCly, New York City, for defendant Underwriters.

Cravath, Swaine & Moore, New York City, for defendant Price Waterhouse.

WEXLER, District Judge.

Plaintiff shareholders of various classes and series of LILCO stock bring their actions, tentatively a proposed consolidated class action, against defendants LILCO, present and past corporate officers and directors (Individual Defendants), the twelve underwriters of certain offerings of stock (Underwriters), and Price Waterhouse, the accounting firm that certified certain public financial statements by LILCO. The defendants now move for dismissal...

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