IN RE INDEPENDENT ENERGY HOLDINGS PLC SECURITIES

No. 00 CIV.6689 (SAS).

154 F.Supp.2d 741 (2001)

In re: INDEPENDENT ENERGY HOLDINGS PLC SECURITIES LITIGATION This Document Relates To: All Cases

United States District Court, S.D. New York.

July 26, 2001.


Attorney(s) appearing for the Case

Jeffrey A. Klafter, Gerald H. Silk, Victoria O. Wilheim, Bernstein Litowitz Berger & Grossman LLP, New York, NY, for Lead Plaintiffs.

Lawrence Portnoy, Helen Harris, Davis Polk & Wardwell, New York, NY, for Donaldson, Lufkin & Jenrette Securities Corporation, Prudential Securities Incorporated, Johnson Rice & Company L.L.C., Donaldson, Lufkin & Jenrette International, and Donaldson, Lufkin & Jenrette, Inc.

Steven R. Schindler, Jonathan L. Hochman, Jeremy M. Weintraub, Schindler Cohen & Hochman LLP, New York, NY, for Jerry W. Jarrell, Robert E. Jones, Burt H. Keenan, Herbert L. Oakes, Ian Stewart, and John L. Sulley.


OPINION AND ORDER

SCHEINDLIN, District Judge.

This is a securities class action1 brought on behalf of all persons, other than defendants, who purchased or otherwise acquired American Depository Shares ("ADSs") and Ordinary Shares of Independent Energy Holdings PLC ("Independent Energy" or "Company") in a March 28, 2000 secondary offering ("Secondary Offering") of 4.07 million ADSs and on the open market during the class...

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