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IN RE FIRST UNION CORP. SECURITIES LITIGATION

No. 3:99CV237-MCK.

128 F.Supp.2d 871 (2001)

In re The FIRST UNION CORP. SECURITIES LITIGATION.

United States District Court, W.D. North Carolina, Charlotte Division.

January 10, 2001.

Attorney(s) appearing for the Case

Steven G. Schulman, Samuel H. Rudman, Russell J. Gunyan, New York City, NY, for R. Allen.

Edward T. Hinson, Ann L. Hester, James, McElroy & Diehl, Charlotte, NC, Richard J. Morvillo, Jeffrey B. Maletta, Jeffrey F. Robertson, Nicholas G. Terris, Kirkpatrick & Lockhart, LLP, Washington, DC, for Edward E. Crutchfield, John R. Georgius, James H. Hatch, First Union Corp.

ORDER

McKNIGHT, United States Magistrate Judge.

This matter is before the Court with the consent of the parties for ruling on Defendants' Motion to Dismiss. [Doc. 41.] Oral argument was held on the motion and the matter is now ripe for resolution.

OVERVIEW

Twelve class action suits were filed against Defendant First Union and its directors. These suits were consolidated in this Court with Allen v. Crutchfield as the...

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