HOWARD GUNTY PROFIT SHARING PLAN v. CAREMATRIX

Nos. C.A. 99-12318-MLW, C.A. 99-12322-MLW, C.A. 99-12323-MLW, C.A. 99-12324-MLW, C.A. 99-12325-MLW, C.A. 99-12341-MLW, CA. 99-12364-MLW, C.A. 99-12380-MLW, C.A. 99-12418-MLW, C.A. 99-12456-MLW, C.A. 99-12477-MLW, C.A. 99-12563-MLW, C.A. 99-12641-MLW.

354 F.Supp.2d 18 (2000)

HOWARD GUNTY PROFIT SHARING PLAN et al., Plaintiff, v. CAREMATRIX CORP., Abraham D. Gosman, Andrew Gosman, Robert Kaufman, Frederick Leathers, Michael Gosman, Defendants. James Cosentino et al., Plaintiffs, v. CareMatrix Corp., Abraham D. Gosman, Andrew Gosman, Robert Kaufman, Frederick Leathers, Michael Gosman, Defendants. Michael E. Glass et al. Plaintiffs, v. CareMatrix Corp., Abraham D. Gosman, Andrew Gosman, Robert Kaufman, Frederick Leathers, Michael Gosman, Defendants. James P. Delmonico et al., Plaintiffs, v. CareMatrix Corp., Abraham D. Gosman, Andrew Gosman, Robert Kaufman, Frederick Leathers, Michael Gosman, Defendants. Patty Lisa et al., Plaintiffs, v. CareMatrix Corp., Abraham D. Gosman, Andrew Gosman, Robert Kaufman, Frederick Leathers, Michael Gosman, Defendants. Miriam Nathan et al., Plaintiffs, v. CareMatrix Corp., Abraham D. Gosman, Andrew Gosman, Robert Kaufman, Frederick Leathers, Michael Gosman, Defendants. Leroy E. Schober, et al., Plaintiffs, v. CareMatrix Corp., Abraham D. Gosman, Andrew Gosman, Robert Kaufman, Frederick Leathers, Michael Gosman, Defendants. Bradley Dunham et al., Plaintiffs, v. CareMatrix Corp., Abraham D. Gosman, Andrew Gosman, Robert Kaufman, Frederick Leathers, Michael Gosman, Defendants. Brock Haynes et al., Plaintiffs, v. CareMatrix Corp., Abraham D. Gosman, Andrew Gosman, Robert Kaufman, Frederick Leathers, Michael Gosman, Defendants. Edward J. Oest et al., Plaintiffs, v. CareMatrix Corp., Abraham D. Gosman, Andrew Gosman, Robert Kaufman, Frederick Leathers, Michael Gosman, Defendants. Gary A. Ryan and Michael B. London et al., Plaintiffs, v. CareMatrix Corp., Abraham D. Gosman, Andrew Gosman, Robert Kaufman, Frederick Leathers, Michael Gosman, Defendants. Irving Ravens et al., Plaintiffs, v. CareMatrix Corp., Abraham D. Gosman, Andrew Gosman, Robert Kaufman, Frederick Leathers, Michael Gosman, Defendants. Donald Camp, Marie Camp, Arthur Boxer, et al., Plaintiffs, v. CareMatrix Corp., Abraham D. Gosman, Andrew Gosman, Robert Kaufman, Frederick Leathers, Michael Gosman, Defendants.

United States District Court, D. Massachusetts.

August 15, 2000.


Attorney(s) appearing for the Case

Glen DeValerio, Jennifer L. Finger, Berman, DeValerio & Pease, Thomas G. Shapiro, Shapiro, Haber & Urmy LLP, Boston, for Howard Gunty Profit Sharing Plan, on behalf of itself and all others similarly situated, David Bailey, John B. Crook, Plaintiffs.

Brian E. Pastuszenski, Inez H. Friedman, Testa, Hurwitz & Thibeault, Peter M. Saparoff, Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, P.C., Peter S. Terris, Palmer & Dodge, Sanford F. Remz, Hutchins, Wheeler & Dittmar, Boston, for Carematrix Corporati, Abraham D. Gosman, Andrew Gosman, Robert Kaufman, Frederick Leathers, Michael Gosman, Defendants.


MEMORANDUM AND ORDER

WOLF, District Judge.

Thirteen plaintiffs, who acquired common stock in CareMatrix Corp. ("CareMatrix") between October 29, 1998 and October 7, 1999, brought separate actions in late 1999 against defendant CareMatrix and five individually-named officers and directors alleging violations of sections 10(b) and 20(a) of the Securities Exchange Act of 1934, 15 U.S.C. §§ 78j and 78t, and Securities and Exchange Commission...

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