IN RE HEALTH MANAGEMENT SYSTEMS, INC. SECURITIES

No. 97 CIV. 1865 RMB JCF.

82 F.Supp.2d 227 (2000)

In re HEALTH MANAGEMENT SYSTEMS, INC. SECURITIES LITIGATION.

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

February 4, 2000.


Attorney(s) appearing for the Case

Neil L. Zola, Wolf Haldenstein Adler Freeman & Herz, New York, NY, Daniel J. Dolcetti, Milberg Weiss Bershad Hynes & Lerach LLP, New York, NY, Mel E. Lifshitz, Bernstein Liebhard & Lifshitz, New York, NY, Michael Jaffe, Wolfe Haldenstein Adler Freeman, & Herz LLP, New York, NY, Sharon Levine Mirsky, Milberg Weiss Bershad Hynes & Lerach LLP, New York, NY, Richard S. Schiffrin, Schiffrin & Craig, Ltd., Bala Cynwyd, PA, Nicholas E. Chimicles, Chimicles, Jacobsen & Tikellis, Haverford, PA, Mark D. Smilow, Weiss & Yourman, New York, NY, Andrew L. Barroway, Schiffrin & Barroway, LLP, Bala Cynwyd, PA, David-Kessler, Schiffrin & Craig Ltd., Bala Cynwyd, PA, for Thomas Baker, Karen J. Connell, Glen Diamond, Moana Diamond, Scott Fisher, George Seiden, Anand Shetty, Ahmad Fillabi, Elizabeth Ronis, Evelyn Diamond, Tim Davis, Herman Fleet, Michael Goldman, Raymond Kirschbaum, Joseph Scognamilio, Eduard Korsinsky.

Neil L. Zola, Wolf Haldenstein Adler Freeman & Herz, New York, NY, Daniel J. Dolcetti, Milberg Weiss Bershad Hynes & Lerach LLP, New York, NY, Andrew L. Barroway, Schiffrin & Barroway, LLP, Bala Cynwyd, PA, David-Kessler, Schiffrin & Craig Ltd., Bala Cynwyd, PA, for Dana Fisher.

Daniel J. Dolcetti, Milberg Weiss Bershad Hynes & Lerach LLP, New York, NY, Mel E. Lifshitz, Bernstein Liebhard & Lifshitz, New York, NY, Michael Jaffe, Wolfe Haldenstein Adler Freeman, & Herz LLP, New York, NY, Sharon Levine Mirsky, Milberg Weiss Bershad Hynes & Lerach LLP, New York, NY, Richard S. Schiffrin, Schiffrin & Craig, Ltd., Bala Cynwyd, PA, Nicholas E. Chimicles, Chimicles, Jacobsen & Tikellis, Haverford, PA, Mark D. Smilow, Weiss & Yourman, New York, NY, Andrew L. Barroway, Schiffrin & Barroway, LLP, Bala Cynwyd, PA, David-Kessler, Schiffrin & Craig Ltd., Bala Cynwyd, PA, for Thomas Caps.

Neil L. Zola, Wolf Haldenstein Adler Freeman & Herz, New York, NY, Daniel J. Dolcetti, Milberg Weiss Bershad Hynes & Lerach LLP, New York, NY, Mel E. Lifshitz, Bernstein Liebhard & Lifshitz, New York, NY, Michael Jaffe, Wolfe Haldenstein Adler Freeman, & Herz LLP, New York, NY, Sharon Levine Mirsky, Milberg Weiss Bershad Hynes & Lerach LLP, New York, NY, Nicholas E. Chimicles, Chimicles, Jacobsen & Tikellis, Haverford, PA, Mark D. Smilow, Weiss & Yourman, New York, NY, Andrew L. Barroway, Schiffrin & Barroway, LLP, Bala Cynwyd, PA, David-Kessler, Schiffrin & Craig Ltd., Bala Cynwyd, PA, for Phil Lawitz, David Ornduff, Irving Putter, Miriam Putter, Donald T. Roberts, Virendra Sanghavi, August Vrancken, David Wright, Ayodele Abiona, Ali Badreddine.

Peter E. Calamari, Hertzog, Calamari & Gleason, New York, NY, Robert L. Sills, Reboul, Macmurray et al., New York, NY, Dennis J. Block, Weil, Gotshal & Manges LLP, New York, NY, David M. Broadsky, Schulte Roth & Zabel, LLP, New York, NY, Howard I. Rhine, Coleman, Rhine & Goodwin LLP, New York, NY, Jonathan J. Lerner, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY, for Health Management Systems, Inc., Paul J. Kerz, Richard H. Stowe, John W. McIntyre, Donald J. Staffa.

Peter E. Calamari, Hertzog, Calamari & Gleason, New York, NY, Robert L. Sills, Reboul, Macmurray et al., New York, NY, Michael I. Bayda, Jacobs, Persinger & Parker, New York, NY, Dennis J. Block, Weil, Gotshal & Manges LLP, New York, NY, David M. Brodsky, Schulte Roth & Zabel, LLP, New York, NY, for Laurence B. Simon.

Robert L. Sills, Reboul, Macmurray et al., New York, NY, Dennis J. Block, Weil, Gotshal & Manges LLP, New York, NY, David M. Broadsky, Schulte Roth & Zabel, LLP, New York, NY, Howard I. Rhine, Coleman, Rhine & Goodwin LLP, New York, NY, Jonathan J. Lerner, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY, for Russell L. Carson, Robert M. Holster.


DECISION AND ORDER

BERMAN, District Judge.

This securities fraud class action was filed on March 17, 1997 (the "Action").1 Plaintiffs alleged that Defendants, Health Management Systems, Inc. ("HMS")2, and certain of its officers and directors including Defendant Philip Siegel ("Siegel"), the former Chief Financial Officer for HMS, disseminated false and misleading statements designed unlawfully...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases