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IN RE CHAMPION ENTERPRISES, INC., SECURITIES LIT.

Nos. 99-74231, 99-75162, 99-76206.

145 F.Supp.2d 871 (2001)

In re CHAMPION ENTERPRISES, INC., SECURITIES LITIGATION Joel Miller, Gary Kissiah, Simche Margulies, individually and on behalf of all others similarly situated, Plaintiffs, v. Champion Enterprises, Inc., a Michigan corporation; and Walter Young, Defendants.

United States District Court, E.D. Michigan, Southern Division.

June 13, 2001.

Attorney(s) appearing for the Case

E. Powell Miller, Mantesa, Miller and Mantesa, Troy, MI, Richard Acocelli, Weiss & Yourman, New York City, Stephen Wasinger, Wasinger, Kickham and Kohls, Royal Oak, MI, Aaron Brody, Julie Brody, Paul T. Curley, Stull, Stull & Brody, New York City, Lionel Z. Glancy, Peter A. Binkow, Law Offices of Lionel Z. Glancy, Los Angeles, CA, Leo W. Desmond, Palm Beach, CA, Brian P. Murray, Rabin & Peckel, New York City, for Plaintiffs.

Andrew J. McGuinness, Dykema Gossett, Ann Arbor, Timothy Nelson, Donna McDevitt, Skadden, Arps, Slate, Meagher & Flom, Chicago, IL, for Defendants.

OPINION

FEIKENS, District Judge.

I. INTRODUCTION

Plaintiffs sued Champion Enterprises and its Chief Executive Officer for securities fraud under sections 10(b) and 20(a) of the Securities and Exchange Act of 1934 and Rule 10b-5 promulgated by the Securities Exchange Commission (SEC). Having previously held that plaintiffs' first amended complaint was insufficient under the pleading requirements...

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