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ITOBA LTD. v. LEP GROUP PLC

No. 5-92-CV-556 (WWE).

32 F.Supp.2d 516 (1999)

ITOBA LIMITED, Plaintiff, v. LEP GROUP PLC, William R. Berkley, John L. Read, Peter J. Grant, and John R. East, Defendant.

United States District Court, D. Connecticut.

January 4, 1999.

Attorney(s) appearing for the Case

James C. Riley, Richard F. Lawler, Whitman, Breed, Abbott & Morgan, Greenwich, CT, James Robert Pigott, Jr., Mark C. Zauderer, Roanne L. Mann, Colin A. Underwood, Harry Frischer, Solomon, Zauderer, Ellenhron, Frischer & Sharp, New York City, Gary A. MacMillan & Lucas, Stamford, CT, for Itoba, Limited.

Mark B. Seiger, Edwards & Angell, Hartford, CT, for LEP Group PLC.

Jonathan B. Orleans, Zeldes, Needle & Cooper, Bridgeport, CT, William G. McGuinness, Cassandra F. Lentchner, Rachel Fleishman, Sherab Posel, Fried, Frank, Harris, Shriver & Jacobson, New York City, for William R. Berkley.

David Eric Ross, Pober & Ross, Westport, CT, Lucia Jean Wolgast, Westport, CT, Leslie K. Dellon, Kepon, McCarthy, Jutkowitz & Holzworth, Washington, DC, for John L. Read.

John L. Read, Esher, Surrey, Westport, CT, pro se.

RULING ON MOTION OF DEFENDANT WILLIAM R. BERKLEY FOR SUMMARY JUDGMENT

EGINTON, Senior District Judge.

Plaintiff Itoba Limited ("Itoba") has filed a multi-party, multi-count complaint, two counts of which are against defendant William Berkley ("Berkley"), a former non-executive director of the LEP Group ("LEP"), a London-based holding company. Itoba's complaint alleged that Berkley violated Sections 10(b) and 12(2) of the Securities Exchange Act of...

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