ROTH v. KNIGHT TRADING GROUP, INC.

No. CIV. 02-2759(WHW). No. CIV. 02-3095(WHW). No. CIV. 02-3188(WHW). No. CIV. 02-2975(WHW). No. CIV. 02-3107(WHW). No. CIV. 02-3248(WHW). No. CIV. 02-3010(WHW). No. CIV. 02-3144(WHW). No. CIV. 02-3249(WHW).

228 F.Supp.2d 524 (2002)

Sinai ROTH, Eric Simon, Individually and on behalf of All Others Similarly Situated, Plaintiff, v. KNIGHT TRADING GROUP, INC. and Kenneth D. Pasternak, Defendants. M. Mark Mendel, Individually and on behalf of All Others Similarly Situated, Plaintiff, v. Knight Trading Group, Inc. and Kenneth D. Pasternak, Defendants. Patricia Campbell, Individually and on behalf of All Others Similarly Situated, Plaintiff, v. Knight Trading Group, Inc. and Kenneth D. Pasternak, Defendants. Mitchell Hirth, Individually and on behalf of All Others Similarly Situated, Plaintiff, v. Knight Trading Group, Inc. and Kenneth D. Pasternak, Defendants. Robert Waring, Individually and on behalf of All Others Similarly Situated, Plaintiff, v. Knight Trading Group, Inc. and Kenneth D. Pasternak, Defendants. Gilda Preda, Individually and on behalf of All Others Similarly Situated, Plaintiff, v. Knight Trading Group, Inc. and Kenneth D. Pasternak, Defendants. John Wilkens, Individually and on behalf of All Others Similarly Situated, Plaintiff, v. Knight Trading Group, Inc. and Kenneth D. Pasternak, Defendants. Anthony Glinskas, Individually and on behalf of All Others Similarly Situated, Plaintiff, v. Knight Trading Group, Inc. and Kenneth D. Pasternak, Defendants. Joseph Brecher, Individually and on behalf of All Others Similarly Situated, Plaintiff, v. Knight Trading Group, Inc. and Kenneth D. Pasternak, Defendants. Fredell D. Williams, Individually and on behalf of All Others Similarly Situated, Plaintiff, v. Knight Trading Group, Inc. and Kenneth D. Pasternak, Defendants. Timothy Murphy, Individually and on behalf of All Others Similarly Situated, Plaintiff, v. Knight Trading Group, Inc. and Kenneth D. Pasternak, Defendants. Matthew W. Woods, Individually and on behalf of All Others Similarly Situated, Plaintiff, v. Knight Trading Group, Inc. and Kenneth D. Pasternak, Defendants. Samuel Sinay, Individually and on behalf of All Others Similarly Situated, Plaintiff, v. Knight Trading Group, Inc. and Kenneth D. Pasternak, Defendants. S. Thomas Hornyak, Elias S. Hornyak, Individually and on behalf of All Others Similarly Situated, Plaintiff, v. Knight Trading Group, Inc. and Kenneth D. Pasternak, Defendants. William Bagnell, Individually and on behalf of All Others Similarly Situated, Plaintiff, v. Knight Trading Group, Inc. and Kenneth D. Pasternak, Defendants. Bruce Montague, Individually and on behalf of All Others Similarly Situated, Plaintiff, v. Knight Trading Group, Inc. and Kenneth D. Pasternak, Defendants.

United States District Court, D. New Jersey.

October 4, 2002.


Attorney(s) appearing for the Case

Olimpio Lee Squitieri, Squitieri & Fearon, LLP, Newark, NJ, for Plaintiff.

Joseph J. Depalma, Lite, Depalma, Greenberg and Rivas, LCC, Newark, NJ, Joseph P. Lasala, McElroy, Deutsch & Mulvaney, Morristown, NJ, Gary S. Graifman, Kantrowitz, Goldhamer & Graifman, Montvale, NJ, Andrew Robert Jacobs, Epstein Fitzsimmons Brown Gioa Jacobs & Sprouls, Chatham Township, NJ, Robert J. Berg, Bernstein Liebhard & Lifshitz, LLP, Fort Lee, NJ, for Plaintiff.

Edward A. Zunz, Jr., Michael P. O'Mullan, Riker Danzig Scherer Hyland & Perretti, Morristown, NJ, for Defendants.


OPINION

WALLS, District Judge.

This matter is before the Court to appoint lead plaintiff and lead counsel in this securities class action against Knight Trading Group, Inc. ("Knight Trading") and Kenneth D. Pasternak (collectively, the "Defendants") pursuant to Section 21D(a)(3)(B) of the Securities Exchange Act of 1934 (the "Exchange Act"), as amended by the Private Securities Litigation Reform Act of 1995 (the "PSLRA" or the "Reform Act"). Defendants are...

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