GREAT NECK CAPITAL APPR. INVESTMENT v. PRICEWATERHOUSECOOPERS, L.L.P.

Nos. 98-C-0524, 99-C-0598.

137 F.Supp.2d 1114 (2001)

GREAT NECK CAPITAL APPRECIATION INVESTMENT PARTNERSHIP, L.P., C. William Carter and Norman Ellison, Plaintiffs, v. PRICEWATERHOUSECOOPERS, L.L.P., Defendant. In re Harnischfeger Industries, Inc., Securities Litigation

United States District Court, E.D. Wisconsin.

March 30, 2001.


Attorney(s) appearing for the Case

Robert Harwood, Jeffrey Haber, Frederick Gerkens, III, New York City, for Plaintiffs.

Jeffrey Tone, Melville Washburn, Jeffrey Sharer, Chicago, IL, for Defendant.


DECISION AND ORDER

ADELMAN, District Judge.

I. FACTUAL AND PROCEDURAL BACKGROUND

On May 29, 1999, plaintiffs commenced this securities fraud class action on behalf of themselves and others who purchased the stock of Harnischfeger Industries ("Harnischfeger"), during the period November 20, 1997 through August 26, 1998 ("the class period"). Harnischfeger is a holding company for subsidiaries involved in the manufacture of machinery. Plaintiffs...

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