IN RE RITE AID CORP. SECURITIES LITIGATION

Nos. 1360, 99-2493, Civ.A. 99-2493.

139 F.Supp.2d 649 (2001)

In re RITE AID CORPORATION SECURITIES LITIGATION. Laborers Local 1298 Annuity Fund, derivatively and on behalf of Rite Aid Corporation. v. Alex Grass, et al.

United States District Court, E.D. Pennsylvania.

April 17, 2001.


Attorney(s) appearing for the Case

Harvey Greenfield, Law Firm of Harvey Greenfield, New York City, for In re Rite Aid Corporation, Derivative Litigation.

Samuel P. Sporn, Christopher Lometti, Jay P. Saltzman, Joel P. Laitman, Schoengold & Sporn, P.C., New York City, for Laborers Local 1298 Annuity Fund, Derivatively and on behalf of Rite Aid Corporation.

Alan J. Davi, Ballard, Spahr, Andrews and Ingersoll, Philadelphia, PA, David R. Fine, Kirkpatrick and Lockhart, Harrisburg, PA, Richard J. Morvillo, Ivan B. Knauer, Kirkpatrick & Lockhardt, Washington, DC, for Alex Grass.

Alan J. Davis, Ballard, Spahr, Andrews and Ingersoll, Philadelphia, PA, Andrew B. Weissman, Wilmer, Cutler & Pickering, Washington, DC, James J. Rodgers, Dilworth, Paxson, LLP, Philadelphia, PA, William H. Jeffress, The Warner, Washington, DC, for Martin L. Grass.

Steven J. Rothchild, Paul J. Lockwood, Laura S. Clare, Skadden, Arps, Slate, Meagher & Flom, Wilmington, DE, for Philip Neivert.

Stephen M. Greenberg, Joel M. Silverstein, Herbert Stern, Stern and Greenberg, Roseland, NJ, for Franklin C. Brown.

David M. Howard, Dechert, Price and Rhoads, Philadelphia, PA, Catherine Botticelli, Wallace l. Timmeny, Dechert Price & Rhoads, Washington, DC, for Timothy J. Noonan.

Steven J. Rothschild, Paul J. Lockwood, Skadden, Arps, Slate, Meagher & Flom, Wilmington, DE, for Leonard I. Green and Nancy A. Lieberman.

John E. Caruso, Montgomery, McCracken, Walker & Rhoads, Philadelphia, PA, Richard L. Klein, Willkie, Farr & Gallagher, New York City, Joseph T. Baio, Tariz Mundiya, John R. Oller, Allison J. Ross, Rachel J. Fremmer, Willkie Farr & Gallagher, New York City, Michael R. Young, Willkie Farr & Gallagher, New York City, for KPMG, LLP.


MEMORANDUM

DALZELL, District Judge.

Five weeks after learning of a partial class action settlement that did not include them, the former Chief Executive and Chief Financial Officers of Rite Aid Corporation filed a motion to disqualify the law firm of Ballard Spahr Andrews & Ingersoll. Ballard Spahr had, from late March of 1999 until the fall of that year, represented all defendants in what is now the consolidated multi-district litigation involving...

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