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IN RE DIGITAL ISLAND SECURITIES LITIGATION

Civil Action No. 02-57-GMS.

223 F.Supp.2d 546 (2002)

In re DIGITAL ISLAND SECURITIES LITIGATION

United States District Court, D. Delaware.

September 10, 2002.

Attorney(s) appearing for the Case

Pamela S. Tikellis and Robert J. Kriner, Jr. of Chimicles & Tikellis LLP, Wilmington, DE, Jeffery G. Smith and Robert Abrams of Wolf Haldenstein Adler Freeman & Herz LLP, New York City, of counsel, for plaintiffs.

Robert K. Payson, Philip A. Rovner, and Kevin R. Shannon of Potter Anderson & Corroon LLP, Wilmington, DE, Mark D. Wegener, Edward B. Schwartz and Martin F. Cunniff of Howrey Simon Arnold & White, LLP, Washington, DC, of counsel, for defendants.

MEMORANDUM OPINION

SLEET, District Judge.

I. INTRODUCTION

This securities class action suit arises from Cable & Wireless plc's acquisition of Digital Island, Inc. Individual plaintiffs filed complaints on January 22, 2002, January 31, 2002, and February 22, 2002. The plaintiffs filed a joint motion for consolidation, appointment of lead plaintiff, and appointment of lead counsel on March 25, 2002. The court granted that motion on April...

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