IN RE MTC ELEC. TECHNOLOGIES SHAREHOLDERS LITIGATION

No. 93-CV-876 (JG).

898 F.Supp. 974 (1995)

In re MTC ELECTRONIC TECHNOLOGIES SHAREHOLDERS LITIGATION.

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

September 7, 1995.


Attorney(s) appearing for the Case

Patricia M. Hynes, Sanford Dumain, Milberg, Weiss, Bershad, Hynes & Lerach, Jeffrey H. Squire, Kaufman, Malchman, Kirby & Squire, New York City, for plaintiffs.

Bruce S. Kaplan, Friedman & Kaplan, New York City, for Peter Jensen, Robert Farr, David Wong, Goodwin Wang, Thomas Lenagh, Edilberto Pozon.

Edward Westfield, Stults & Balber, New York City, for H.J. Meyers & Co.

Ronald D. Reynolds, Hill Wynne Troop & Meisinger, Los Angeles, California, for H.J. Meyers & Co.

Thomas I. Sheridan, III, Haythe & Curley, New York City, for MTC Electronic Technologies Co., Ltd.

James M. Ringer, Rogers & Wells, New York City, for Diawa Securities America, Inc.

Gregory A. Markel, Orrick, Herrington & Sutcliffe, New York City, for BDO Dunwoody Ward Mallette.

Richard C. Raymond, Braunschweig, Rachlis, Fishman & Raymond, P.C., New York City, for Alan Leung.

Jonathan D. Warner, Warner & Joselson, New York City, for Miko Leung and Sit Wa Leung.


MEMORANDUM AND ORDER

GLEESON, District Judge.

The plaintiffs are purchasers of defendant MTC Electronic Technologies Co., Ltd. ("MTC") stock. They have brought this putative class action1 against MTC, several of its officers and directors, its accountant and its underwriters, alleging violations of the federal securities laws. Two of the individual defendants are also charged with violating the Racketeer Influenced and Corrupt...

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