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IN RE CENDANT CORP. SECURITIES LITIGATION

No. CIV. A. 98-1664.

109 F.Supp.2d 225 (2000)

In re CENDANT CORPORATION SECURITIES LITIGATION. This document relates to William P. Yeager and Virginia I. Yeager, Co-Trustees of the William P. Yeager and Virginia I. Yeager Trust, Plaintiffs, v. Cendant Corporation, et al., Defendants.

United States District Court, D. New Jersey.

August 9, 2000.

Attorney(s) appearing for the Case

Joel M. Kozberg, Gradstein, Luskin & Van Dalsem, Los Angeles, CA, Robert Lewin, Stroock & Stroock & Lavan, New York City, for Plaintiffs William P. Yeager and Virginia I. Yeager, Co-Trustees of William P. Yeager and Virginia I. Yeager Trust.

Michael M. Rosenbaum, Carl Greenberg, Budd Larner Gross Rosenbaum Greenberg & Sade, P.C., Short Hills, NJ, Jonathan J. Lerner, Samuel Kadet, Joseph N. Sacca, Skadden, Arps, Slate, Meagher & Flom LLP, New York City, for Defendant Cendant Corp.

OPINION

WALLS, District Judge.

INTRODUCTION

Plaintiffs William P. and Virginia I. Yeager, co-trustees of the William P. Yeager and Virginia I. Yeager Trust (collectively "Yeager plaintiffs"), move for partial summary judgment that defendant Cendant1: 1) violated Section 11 of the Securities Act of 1933 ("Securities Act") and is liable to plaintiffs for $15,849,680.92 plus interest (Count 1); 2) violated Section 12(a...

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