DANIEL BOONE AREA SCHOOL DIST. v. LEHMAN BROTHERS, INC.

No. 01-CV-74 J.

187 F.Supp.2d 400 (2002)

DANIEL BOONE AREA SCHOOL DISTRICT, individually and on behalf of others similarly situated, Plaintiffs, v. LEHMAN BROTHERS, INC. and Lisa Vioni, Defendants.

United States District Court, W.D. Pennsylvania.

February 5, 2002.


Attorney(s) appearing for the Case

Richard A. Finberg, Malakoff, Doyle & Finberg, Pittsburgh, PA, David A. Gradwohl, Fox, Rothschild, O'Brien & Frankel, Landsdale, PA, for Plaintiffs.

Roy A. Powell, Megan E. Farrell, Dana Baiocco, Jones, Day, Reavis & Pogue, Pittsburgh, PA, Patrick R. Kingsley, Stadley, Ronon, Stevens & Young, Philadelphia, PA, David L. Carden, Jones, Day, Reavis & Pogue, New York City, Robert C. Micheletto, Jones, Day, Reavis & Pogue, Chicago, IL, Celeste A. Pometto, Leboeuf, Lamb, Green & MacRae, Pittsburgh, PA, for Lehman Brothers, Inc.

John H. Rirorda, Jr., Polito & Smock, Pittsburgh, PA, Michael Q. Carey, Carey & Associates, New York City, for Lisa Vioni.


OPINION AND ORDER

D. BROOKS SMITH, Chief Judge.

This class action concerns the largest municipal fraud in Pennsylvania history, in which John Gardner Black defrauded various school districts and local government units, including lead plaintiff Daniel Boone Area School District, losing approximately $70 million of public funds. The plaintiffs now seek to hold Lehman Brothers and its employee Lisa Vioni...

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