IN RE IKON OFFICE SOLUTIONS, INC.

No. 01-1553.

277 F.3d 658 (2002)

In re IKON OFFICE SOLUTIONS, INC., Securities Litigation. City of Philadelphia, through its Board of Pensions and Retirement, Oliver Scofield and Lawrence Porter, as representatives of a certified Class consisting of all persons who purchased the common stock, convertible preferred stock, and/or call options of IKON Office Solutions, Inc. during the period from October 15, 1997, through and including August 13, 1998, Appellants.

United States Court of Appeals, Third Circuit.

Filed January 11, 2002.


Attorney(s) appearing for the Case

Todd S. Collins (Argued), Merrill G. Davidoff, Jacob A. Goldberg, Douglas M. Risen, Berger & Montague, 1622 Locust Street, Philadelphia, PA, 19103. Jared Specthrie (Argued), Justin C. Frankel, Milberg Weiss Bershad Hynes & Lerach, One Pennsylvania Plaza, New York, NY, 10119-0165. Lynn Lincoln Sarko, Britt L. Tinglum, Keller Rohrback, 1201 Third Avenue, Suite 3200, Seattle, WA 98101-3052. Stuart H. Savett, Savett Frutkin Podell & Ryan, 325 Chestnut Street, Suite 700, Philadelphia, PA 19106-2614, Attorneys for Appellants.

Lawrence S. Robbins (Argued), Gary A. Orseck, Kathryn S. Zecca, Robbins, Russell, Englert, Orseck & Untereiner, 1801 K Street, Suite 411, Washington, DC 20006. Edward M. Posner, William M. Connolly, Drinker, Biddle & Reath, One Logan Square, 18th & Cherry Streets, Philadelphia, PA 19103. Jonathan C. Medow, Brian J. Massengill, Mayer, Brown & Platt, 190 South LaSalle Street, Chicago, IL 60603. Kathryn A. Oberly, Patricia A. McGovern, Ernst & Young LLP, 787 Seventh Avenue, New York, NY 10019, Attorneys for Appellee.

Before: BECKER, Chief Judge, SCIRICA and GREENBERG, Circuit Judges.


OPINION OF THE COURT

GREENBERG, Circuit Judge.

This shareholders' class action case comes on before this court on plaintiffs-appellants' appeal from a February 6, 2001 order of the district court granting summary judgment to the defendant-appellee Ernst & Young LLP ("Ernst"). See In re IKON Office Solutions Sec. Litig., 131 F.Supp.2d 680 (E.D.Pa.2001). Appellants...

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