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  5. 142 F.Supp.2d 589 (2001)
 

P. SCHOENFELD ASSET MANAGEMENT v. CENDANT CORP.

Nos. CIV. 98-4734(WHW), CIV. 98-5384(WHW).

142 F.Supp.2d 589 (2001)

P. SCHOENFELD ASSET MANAGEMENT LLC, on behalf of itself and all others similarly situated, Plaintiff, v. CENDANT CORP., Walter A. Forbes, E. Kirk Shelton, Cosmo Corigliano, Christopher McLeod and Ernst & Young, LLP, Defendants. George Semerenko, on behalf of himself and all others similarly situated, Plaintiff, v. Cendant Corp., Walter A. Forbes, E. Kirk Shelton, Cosmo Corigliano, Christopher McLeod and Ernst & Young, LLP, Defendants.

United States District Court, D. New Jersey.

May 7, 2001.

Attorney(s) appearing for the Case

Joseph DePalma, Lite DePalma Greenberg & Rivas LLC, Newark, NJ, for Plaintiffs.

Carl Greenberg, Budd Larner Gross Rosenbaum, Greenberg & Sade, P.C., Short Hills, NJ, for Cendant Corporation.

Douglas Eakeley, Lowenstein Sandler, PC, Roseland, NJ, for Ernst & Young, LLP.

Richard Schaeffer, Dornbusch Mensch Mandelstam & Schaeffer, LLP, New York City, for E. Kirk Shelton.

Steven Radin, Sills Cummis Radin Tischman Epstein & Gross, Newark, NJ, for Christopher K. McLeod.

OPINION

WALLS, District Judge.

Defendants Cendant Corporation, Inc. ("Cendant"), Ernst & Young, LLP ("E & Y"), E. Kirk Shelton ("Shelton"), and Christopher K. McLeod ("McLeod") have renewed their motions to dismiss the Amended Complaints in the above actions.1 The Third Circuit's August 10, 2000 Opinion (the "August 10 Opinion") reversed and remanded this court's earlier determination to dismiss the complaint under Rule...

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