IN RE LESLIE FAY COMPANIES, INC. SECURITIES LITIG.

No. 92 Civ. 8036 (WCC).

918 F.Supp. 749 (1996)

In re the LESLIE FAY COMPANIES, INC. SECURITIES LITIGATION. This Document Relates To All Actions.

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

March 5, 1996.


Attorney(s) appearing for the Case

Parker Chapin Flattau & Klimpl, New York City (Mark Abramowitz, Joel A. Chernov, Jaime L. Katcher, of counsel), for Defendants John J. Pomerantz, Laura H. Pomerantz and Alan Golub.

Parker Chapin Flattau & Klimpl, New York City (Mark Abramowitz, Joel A. Chernov, Jaime L. Katcher, of counsel), for Third-Party Defendants Arthur S. Levine, John A. Ward and Gerald P. Zipp.

Cravath, Swaine & Moore, New York City (Rory O. Millson, of counsel), for Third-Party Defendants Steven M. Friedman, Jack Nash, Lester Pollack and Odyssey Partners, L.P.

Law Offices of Michael G. Berger, New York City (Michael G. Berger, of counsel), for Defendant Paul F. Polishan.

Dechert Price & Rhoads, New York City (Thomas F. Munno, of counsel), for Defendant Ira J. Hechler.

Proskauer Rose Goetz & Mendelsohn, (Leon P. Gold, Mark E. Davidson, Stephen D. Solomon, Mark P. Monack, of counsel), and Wilkie Farr & Gallagher (Michael R. Young, Nicole A. Anderson, of counsel) (Scott M. Univer, Barbara A. Taylor, BDO Seidman, L.L.P., of counsel), New York City, for Defendant and Third-Party Plaintiff BDO Seidman, L.L.P.


OPINION AND ORDER

WILLIAM C. CONNER, Senior District Judge.

Plaintiffs bring this class action on behalf of all individuals who purchased common stock of The Leslie Fay Companies, Inc. ("Leslie Fay" or "the Company") between February 4, 1992 and April 5, 1993 (the "Class Period"). The Amended Complaint asserts claims under Section 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder against a number of Leslie...

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