David DANIS, on behalf of himself and all others similarly situated, Plaintiff,
v.
USN COMMUNICATIONS, INC., J. Thomas Elliott, Gerald J. Sweas, Merrill Lynch & Co., Cowen & Company and Donaldson, Lufkin & Jenrette Securities Corporation, Defendants.
United States District Court, N.D. Illinois, Eastern Division.https://leagle.com/images/logo.png
October 8, 1999.
October 8, 1999.
Attorney(s) appearing for the Case
Marvin Alan Miller, Kenneth A. Wexler, Miller, Faucher, Cafferty and Wexler, L.L.P., Chicago, IL, Paul O. Paradis, Marian P. Rosner, Wolf Popper, LLP, New York City, Samuel P. Sporn, Christopher Lometti, Schoengold and Sporn, P.C., New York City, Steven J. Toll, Cohen, Milstein, Hausfeld & Toll PLLC, Seattle, WA, for David Danis.
Christina M. Tchen, Tiffanie Noelle Cason, Skadden, Arps, Slate, Meagher & Flom, Chicago, IL, for USN Communications, Inc.
Christina M. Tchen, Paula Marie Stannard, Tiffanie Noelle Cason, Janet E. Byrne Thabit, Frances P. Kao, Skadden, Arps, Slate, Meagher & Flom, Chicago, IL, for J. Thomas Elliott, Gerald J. Sweas.
Lee Ann Russo, David L. Carden, Jones, Day, Reavis & Pogue, Chicago, IL, for Merrill Lynch & Co., Inc., Donaldson Lufkin & Jenrette Securities Corp.
William F. Lloyd, David M. Schiffman, Lisa Maria Cipriano, Sidley & Austin, Chicago, IL, for Deloitte and Touche, L.L.P.
Paula Marie Stannard, Frances P. Kao, Skadden, Arps, Slate, Meagher & Flom, Chicago, IL, for Richard J. Brekka, Dean M. Grenwood, Donald J. Hoffman, Jr., James P. Hynes, William A. Johnston, Ian M. Kidson, Paul S. Lattanzio, David C. Mitchell, Eugene A. Sekulow.
United States District Court, N.D. Illinois, Eastern Division.
MEMORANDUM OPINION AND ORDER
CONLON, District Judge.
Plaintiffs in this putative class action sue various defendants for violation of the securities laws in connection with the purchase of stock of USN Communications, Inc. ("USN") in 1998. Defendants seek to dismiss the consolidated class action complaint ("complaint") pursuant to Fed. R.Civ.P. 9(b) and 12(b)(6), and § 21D(b) of the Private Securities Litigation Reform Act ("PSLRA"), 15 U.S.C...
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