J/H REAL ESTATE INC., individually and on behalf of all others similarly situated
v.
Leonard ABRAMSON, et al.
Joseph TULINO, individually and on behalf of all others similarly situated
v.
Leonard ABRAMSON, et al.
United States District Court, E.D. Pennsylvania.https://leagle.com/images/logo.png
December 30, 1996.
Opinion Granting Reconsideration in Part, January 24, 1997.
Attorney(s) appearing for the Case
Stephen A. Whinston, Berger & Montague, P.C., Philadelphia, PA, Mark J. Dorval, Eugene A. Spector, Jeffrey L. Kodroff, Spector & Roseman, P.C., Philadelphia, PA, Jared Specthrie, Lee S. Shalov, Milberg Weiss Bershad Hynes & Lerach L.L.P., New York City, Arthur Stock, Berger and Montague, P.C., Philadelphia, PA, Jane H. Lovitch, Philadelphia, PA, Janine L. Pollack, Milberg, Weiss, Bershad, Hynes & Lerach, L.L.P., New York City, for J/H Real Estate Inc.
Joseph C. Kohn, Kohn, Savett, Klein & Graf, P.C., Philadelphia, PA, Michael J. Chepiga, James J. Hagan, Simpson, Thacher & Bartlett, New York City, Harold E. Kohn, Steven M. Steingard, Kohn, Swift & Graf, P.C., Philadelphia, PA, James G. Kreissman, Paul C. Curnin, David E. Massengill, Simpson, Thacher & Bartlett, New York City, for Leonard Abramson in Civil Action No. 95-4176.
Joseph C. Kohn, Kohn, Savett, Klein & Graf, P.C., Philadelphia, PA, Michael J. Chepiga, James J. Hagan, Simpson, Thacher & Bartlett, New York City, Harold E. Kohn, Steven M. Steingard, Kohn, Swift & Graf, P.C., Philadelphia, PA, James G. Kreissman, Paul C. Curnin, David E. Massengill, Simpson Thacher & Bartlett, New York City, for Costas C. Nicolaides, U.S. Healthcare, Inc.
Stephen A. Whinston, Berger & Montague, P.C., Philadelphia, PA, Mark J. Dorval, Jeffrey L. Kodroff, Spector & Roseman, P.C., Philadelphia, PA, Jared Specthrie, Lee S. Shalov, Milberg Weiss Bershad Hynes & Lerach L.L.P., New York City, Arthur Stock, Berger and Montague, P.C., Philadelphia, PA, Jane H. Lovitch, Philadelphia, PA, Janine L. Pollack, Milberg, Weiss, Bershad, Hynes & Lerach, L.L.P., New York City, for Joseph Tulino.
Michael J. Chepiga, Simpson, Thacher & Bartlett, New York City, Harold E. Kohn, Steven M. Steingard, Kohn, Swift & Graf, P.C., Philadelphia, PA, Paul C. Curnin, David E. Massengill, New York City, for Leonard Abramson, Costas C. Nicolaides, and U.S. Healthcare, Inc. in Civil Action No. 95-7180.
United States District Court, E.D. Pennsylvania.
MEMORANDUM
BARTLE, District Judge.
These are two related securities class actions. Plaintiffs, stockholders of U.S. Healthcare, Inc., claimed that defendants engaged in a scheme to defraud by withholding adverse information about the company, thereby maintaining the stock at an inflated price during the class period. With discovery completed and the trial date fast approaching, counsel advised the court that the parties had reached a proposed settlement...
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