Dennis CHU, Ambassador Window and Door Co. Pension Plan and Trust, Bruce Braverman, et al., Individually And On Behalf of All Others Similarly Situated, Plaintiffs,
v.
SABRATEK CORPORATION, K. Shan Padda, Anil K. Rastogi, Steven L. Holden, Doron C. Levitas, Vincent J. Capponi, Alan E. Jordan, Stephan C. Beal, Elliot R. Mandell, Scott P. Skooglund, William D. Lautman, William H. Lomicka and KPMG LLP, Defendants.
United States District Court, N.D. Illinois, Eastern Division.https://leagle.com/images/logo.png
June 13, 2000.
June 13, 2000.
Attorney(s) appearing for the Case
Marvin Alan Miller, Miller Faucher and Cafferty, LLP, Chicago, IL, Steven G Schulman, Samuel H Rudman, Michael Swick, Milberg, Weiss, Bershad, Hynes & Lerach LLP, New York, NY, Bruce G Murphy, Law Office of Bruce G. Murphy, Vero Beach, FL, for Dennis Chu.
Joseph D. Ament, Much, Shelist, Freed, Denenberg, Ament & Rubenstein, P.C., Chicago, IL, Marvin Alan Miller, Miller, Faucher and Cafferty, LLP, Chicago, IL, David J. Bershad Milberg, Weiss, Bershad, Hynes & Lerach LLP, New York, NY, Bruce G Murphy, Law Office of Bruce G. Murphy, Vero Beach, FL, for Ambassador Window and Door Co. Pension Plan and Trust, Bruce Braverman, Glenn Chenot, Christine David, Susan Dorman, James Anthony Doucette, Steve Hill, Jeffrey Mahler, Hughes Schrepfer, Ken Schutz.
Ronald L. Marmer, Jerold Sherwin Solovy, Daniel Francis Lynch, John C. Koch, Jenner & Block, Chicago, IL, for Sabratek Corp., K Shan Padda, Anil K. Rastogi, Vincent J. Capponi, Alan E. Jordan, Stephen C. Beal, Elliot R. Mandell, Scott P. Skooglund.
Ronald L. Marmer, Jerold Sherwin Solovy, Daniel Francis Lynch, John C. Koch, Jenner & Block, Chicago, IL, Joseph J. Duffy, Corey B. Rubenstein, Stetler & Duffy, Ltd., Chicago, IL, for Steven L. Holden.
Martin E. Lubitz, Holleb & Coff, Chicago, IL, Brian D. Roche, Lowell E. Sachnoff, Sachnoff & Weaver, Ltd., Chicago, IL, for Doraqn C. Levitas.
Nicholas Joseph Etten, Sarah Kirstine Johnson, Bell, Boyd & Lloyd, Chicago, IL, for Peter L. Smith.
Terry F. Moritz, Steven A. Levy, Everett Joseph Cygal, Goldberg, Kohn, Bell, Black, Rosenbloom & Moritz, Ltd., Chicago, IL, for William D. Lautman, William H. Lomicka.
William F. Lloyd, Frank B. Vanker, Hille von Rosenvinge Sheppard, David Andrew Gordon, Sidley & Austin, Chicago, IL, for KPMG LLP.
United States District Court, N.D. Illinois, Eastern Division.
MEMORANDUM OPINION AND ORDER
CASTILLO, District Judge.
Plaintiff Dennis Chu, on behalf of himself and all purchasers of the publicly traded securities of Sabratek Corporation ("Sabratek") between the period of February 25, 1997 and October 6, 1999, seeks remedies under § 10(b) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 10b-5.1 The plaintiffs contend that Defendant KPMG, LLP ("KPMG") knowingly...
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