IN RE CFS-RELATED SECURITIES FRAUD LITIGATION

99-CV-825-K(J), 00-CV-111-K(J), 99-CV-828-K(J), 00-CV-839-K(J), 99-CV-829-K(J), 99-CV-862-K(J), 99-CV-863-K(J), 99-CV-864-K(J), 99-CV-873-K(J), 00-CV-104-K(J), 00-CV-205-K(J), 99-CV-874-K(J), 00-CV-110-K(J), 99-CV-889-K(J), 99-CV-919-K(J), 00-CV-837-K(J), 00-CV-847-K(J), 02-CV-531-K(J), 02-CV-591-K(J), 02-CV-961-K(J), 00-CV-73-P(J).

256 F.Supp.2d 1227 (2003)

In re CFS-RELATED SECURITIES FRAUD LITIGATION.

United States District Court, N.D. Oklahoma.

March 10, 2003.


Attorney(s) appearing for the Case

Lowell E. Sachnoff, Jeffrey T. Gilbert, James A. Rolfes, Sachnoff & Weaver Ltd, Chicago, IL, David L. Bryant, Bryant Law Firm, Tulsa, OK, for AUSA Life Insurance Company, Inc., Peoples Benefit Life Insurance Company, PFL Life Insurance Company, Monumental Life Insurance Company, Bankers United Life Assurance Company, Amerus Life Insurance Company, Blackrock 2001 Term Trust, Inc., Blackrock Strategic Term Trust, Inc., Blackrock Investment Quality Term Trust, Inc., Blackrock Broad Investment Grade 2009 Term Trust, Inc., Blackrock Fixed Income Opportunity Fund, Blackrock Advantage Term Trust, Inc., Obsidian Onshore Fund, Blackrock Financial Management, Inc., Commercial Guaranty Assurance, Ltd., St. George Holdings, Ltd., St. George Investments I, Ltd., St. George Investments III, Ltd., GFC St. George, Ltd., CGA Investment Management, Inc., KRE Reinsurance, Ltd., Kern County Employees' Retirement Association, State of Ohio, Bureau of Workers' Compensation, Security Life and Trust Insurance Corporation, Southwestern Life Insurance Company, AIG-Hyperion Euribor ABS Fund PLC, Arkansas Teacher Retirement System, The Hyperion Total Return Fund, Inc., Enhance Reinsurance Company, Keyport Life Insurance Company, Hyperion Capital Management, Inc., Life Insurance Company of Georgia, Lion II Custom Investments LLC, Security Life of Denver Insurance Company, Southland Life Insurance Company, First Columbine Life Insurance Company, Midwestern United Life Insurance Company, Golden American Life Insurance Company, USG Annuity & Life Company, ING Investment Management, Inc., Curtis Bay Insurance Co., Ltd., St. George Corporation, A.F. Portfolio Limited, Bayer Corporation Master Trust, Unisys Master Trust, R.J. Reynolds Company Defined Benefit Master Trust, Nabisco Inc. Defined Benefit Trust, Western Asset Management Co., Chrysler Insurance Company, Hotchkis and Wiley Low Duration Fund, Hotchkis and Wiley Total Return Bond Fund, Hotchkis and Wiley Balanced Fund, Hotchkis and Wiley Short-Term Investment Fund, Foodmaker Master Retirement Trust, Triangle Distribution Company Profit Sharing Plan Trust, AMR Investment Services Balanced Portfolio, ML Life Insurance Company of New York, Merrill Lynch Life Insurance Company, Black Rock Advisors, Inc., Liberty Mutual Insurance Company, Liberty Mutual Fire Insurance Company, Liberty Life Assurance Company of Boston, and Global Eagle Insurance Corporation, AAA Investment Co., American Automobile Association, Inc., Abington Memorial, Agfa Corporation Pension Plan Master Trust, American Cast Iron, American Museum of Natural History, American National Can Retirement Trust, American Nuclear Insurers, American Red Cross Endowment Fund, Armeo Master Pension Trust, Bayer Corporation Master Trust, Bell Atlantic Master Trust, Berea College, State Street Bank & Trust Company, Brandeis University, Carnegie Corporation of New York, Carnegie Institute of Washington, Carnegie Mellon University, Children's Hospital Foundation, Chubb Corporation Pension Master Trust, Cleveland Museum of Art, Cluett American Retirement Plan, Columbia University (CIM XII, L.L.C.), Copic, Direct Response Corporation, The Duke Endowment is a Trust, ELF Atochem North America, Inc., Enterprise Reinsurance Holdings, Educational Employees Supplementary Retirement System of Fairfax County, Fieldcrest Canon, First Energy System Master Retirement Trust, Ford Foundation, Ford Motor Company Master Trust, Forethought Life Insurance Company, France-Merrick Foundation, Gerling Global Reinsurance Company of America, Howard Heinz Endowment, Vira I Heinz Endowment, Hershey Principal Trust, Trustee for Milton Hershey School Trust Milton Hershey School, Hershey Income Trust, Trustee for Milton Hershey School, Conrad N. Hilton Foundation, Harvey Hubell, Incorporated, Master Pension Trust, Marsh & McLennan U.S. Retirement Plan, Joint Industry Board/Electric Inc., W. Alton Jones Foundation, Inc., Kerr-McGee Corporation, John D. and Catherine T. Mac-Arthur Foundation, Josiah Macy, Jr. Foundation, Mannesmann Corporation Master Trust, Manufacturers Investment Trust, Mary Flagler Cary Charitable Trust, Mas Funds-Multi Asset Class Portfolio, Mas Funds-Balanced Portfolio, Mas Funds-Fixed Income Portfolio, Mas Funds-High Yield Portfolio, Mas Funds-Intermediate Duration Portfolio, Mas Funds-Limited Duration Portfolio, Mas Funds-Special Purpose Fixed Income Portfolio, Mas Offshore Leveraged Fixed Income Fund, Minnesota State Board of Investment, The Northern Trust Company, Mount Holyoke College, Morgan Stanley Dean Witter, Global Opportunity Bond Fund, MSDW Sicav U.S. High Yield Bond Fund, Municipal Fire & Police Ret. of Iowa, New Church Investment Fund, New York City Firefighters Variable Supplement Fund, Philharmonic Symphony Society of New York, Northwest Community Healthcare, Northwestern Memorial Corporation, Olin Corporation, Commonwealth of Pennsylvania State Employees' Retirement System, Pacific Gas & Electric Corporation, PCFG Long Term Investment Co., Peco-Energy Company, The Peddie School, Premark International, Inc., Public School Teachers' Pension & Retirement Fund of Chicago, Rensaeleer Polytechnic Institute, Republic Funds, Joseph E. Seagram and Sons, Inc., Pension Plan for the Employees of Joseph E. Seagram and Sons, Inc., SKF USA Inc., Administrator of trust SKF USA Inc. Master Trust, Sun American Series Trust, Sunoco, Inc. Master Retirement Trust, Sunoco, Inc. Master Trust for Defined Contribution Plans, Syntex U.S. Employees Pension Trust, Syracuse University, TI Employees Pension Trust, Towers Perrin Pension Trust, Trustees of the University of Pennsylvania, Trustees of the University of Pennsylvania-High Yield, University of Rochester, Van Kampen High Yield and Total Return Fund, Van Kampen Worldwide High Income Fund, W.K. Kellogg Foundation Trust, Washington & Lee University, Wellesley College, Western Metal Industry Pension, Western PA Teamsters and Teamsters and Employers Pension Fund, X.L. Capital, Yeshiva University, York International Corporation, All Plaintiffs, Chubb & Son, Inc. Master Trust, Evelyn Haas & Walter Fund, Mas Funds-Multi-Market Fixed Income Portfolio, National Electric Contractors Assn. Pension Trust, Principia Corporation Pension Trust, American Cast Iron Pipe Company Pension Trust, Pacific Life Insurance Company and Ace Capital Re Overseas, Ltd.

Arnold Pagniucci, Lowell E Sachnoff, Jeffrey T Gilbert, James A Rolfes, Christopher R. Clark, David E. Lieberman, Bina Sanghavi, Sachnoff & Weaver Ltd., Chicago, IL, David L Bryant, Bryant Law Firm, Tulsa, OK, for All Plaintiffs, Liberty Mutual Insurance Company, Liberty Mutual Fire Insurance Company, Liberty Life Assurance Company of Boston and Golden Eagle Insurance Corporation.

Pamela Helena Goldberg, James M. Reed, Richard Mark Petrich, Hall, Estill, Hardwick, Gable, Golden & Nelson, Kenneth Louis Hunt, Hall Estill Hardwick Gable Golden & Nelson, Tulsa, OK, Daniel G. Webber, Jr., Ryan & Whaley, Oklahoma City, OK, for William R. Bartmann, Kathryn A. Bartmann and Wayne Learned.

Andrew R. Turner, Paul David Newsome, Jr., Conner & Winters, Tulsa, OK, Timothy Terah Trump, C. Raymond Patton, Conner & Winters, Montgomery L. Lair, Clark Otto Brewster, Brewster & De Angelis, PLLC, Tulsa, OK, for Jay L. Jones and Dimat Corporation.

Eric S. Eissenstat, Terry Warren Tippens, Warren F. Bickford, IV, John Barnes Heatly, Fellers, Snider, Blankenship, Bailey & Tippens, Oklahoma City, OK, for Michael C. Temple.

Tony Michael Graham, Tulsa, OK, for Charles D. Welsh.

Michael James Gibbens, James L. Kincaid, Crowe & Dunlevy, Paul DeMuro, Fred Dorwart Lawyers, Tulsa, OK, Thomas C. Rice, Elizabeth A. Fuerstman, Simpson, Thacher & Bartlett, Michael A. O'Connor, Chase Manhattan Bank Legal Dept., New York, NY, Frederic Dorwart, Jean Michael Medina, Fred Dorwart Lawyers, Tulsa, OK, for Chase Securities, Inc.

Mark Stanley Rains, William Andrew Caldwell, Andrea R. Kunkel, Eric D. Wade, Rosenstein, Fist & Ringold, Tulsa, OK, J. Douglas Mann, John Edward Howland, Rosenstein, Fist & Ringold, Tulsa, OK, Richard Parker Hix, Richard H. Foster, Doerner, Saunders, Daniel & Anderson, Tulsa, OK, Michael J. Moscato, Jr., Curtis, Mallet-Prevost, Colt & Mosle, LLP, New York, NY, Vance L. Beagles, Ralph I. Miller, Penny P. Reid, Weil, Gotshal & Manges, LLP, Dallas, TX, for Arthur Andersen, L.L.P/Andersen Worldwide.

Laurence Lindsay Pinkerton, James David Jorgenson, Pinkerton & Finn, Tulsa, OK, for Fitch, Inc. and Fitch Investors Service, L.P.

Max K. Naegler, Glenpool, OK, David Spears, Donna I Dennis, Lauren E Fischer, H Rowan Gaither, IV, Lucinda 0. McConathy, Linda C. Imes, Richards, Spears, Kibbe & Orbe, Jack G Stern, Steven I Froot, Barrett Gravante Carpinello & Stern LLP, New York, NY, Douglas Lee Inhofe, Sneed Lang PC, James David Jorgenson, Pinkerton & Finn, Tulsa, OK, Bradley K Beasley, David Allen Johnson, for Bank Austria AG, Bank of Scotland, American International Life Assurance Company of New York, AIG Life Insurance Company, Abbey National Treasury Services PLC, Cerberus Partners, L.P., Tri-Links Investment Trust, Life Insurance Company of the Southwest, Providentmutual Life and Annuity Company of America, Erste Bank Der Oesterreichischen Sparkassen AG, National Life Insurance Company, Provident Mutual Life Insurance Company, Orix USA Corporation, Union Central Life Insurance Company, and Bayerische Hypo-Und Vereinsbank, AG.

Glenn Reuben Davis, Boone, Smith, Davis, Hurst & Dickman, Tulsa, OK, John K. Villa, Michael S. Sundermeyer, Craig D. Singer, Williams & Connolly, Washington, DC, for Mary C. Fontaine, Ger P. O'Donnell, Robert A. Helman, Bruce L. Gelman and Stuart M. Litwin and Mayer, Brown & Piatt.

Charles Greenough, Mary L. Lohrke, Boone, Mary Beth Long, Riley Henderson Ross, III, Daniel Alberto Restrepo, Brad Mitchell Snyder, Ellen Elizabeth Oberwetter, R. Hackney Wiegmann, Kevin Michael Downey, James D. Holzhauer, Williams & Connolly, Washington, DC, for Mayer, Brown & Piatt.

Jack LeDrew Neville, Jr., Hartzog, Conger, Cason & Neville, Oklahoma City, OK, Russell A. Cook, B.J. Rothbaum, Hartzog, Conger, Cason & Neville, Oklahoma City, OK, for Caroline B. Benediktson.

John N. Hemes, McAfee & Taft, Oklahoma City, OK, for Moody's Investors Service, Inc.

William Robert Grimm, Barrow & Grimm, PC, Tulsa, OK, James E. Spiotto, Mark D. Rasmussen, Chapman & Cutler, Chicago, IL, for Wells Fargo & Company.

John Jay Carwile, K. Clark Phipps, Sejin C. Brooks, Christine M. Benson, Thomas Clifton Daniels, Atkinson, Haskins, Nellis, Holeman, Phipps, Brittingham & Gladd, Tulsa, OK, for Bank Hapoalim B.M., Pioneer Insurance Company, Amwest Surety Insurance Company, Condor Insurance Company, Old Guard Insurance Company, American Community Mutual Insurance Company, American Progressive Life and Health Insurance Company of New York, American Pioneer Life Insurance Company of New York, United Teacher Associates Insurance Company, Federated Rural Electric Insurance Corp., Central Reassurance Corp. & Equitable Life, Physicians Mutual Insurance Company, Ozark National Life Insurance Company, Central States Health and Life Company of Omaha, Medico Life Insurance Company, Mutual Protective Insurance Company, Guarantee Trust Life Insurance Company, Physicians Life Insurance Company, and All Plaintiffs.

Carol Wood English, Boesche McDermott & Eskridge, Tulsa, OK, Debra Lehanski Langer, Kenneth I Schacter, Edward L Powers, Bonnie Host, Hope M Pecullan, Bingham McCutchen LLP, New York, NY, for MPF Limited, Pegasus Two Limited, Pegasus Three Limited, Pegasus Four Limited, Iowa State University Foundation, Alliance Capital (Luxembourg) S.A., Mansurii Doriimu and Mansurii Doriimu, II.

Terry W West, West Law Firm, Shawnee, OK, John N Goodman, Oklahoma City, for James D Sill Jr.

George S Corbyn, Jr., Corbyn & Hampton, Amy Jo Pierce, Ryan & Whaley, Oklahoma City, OK, for Bruce Hadden.

Gregory G Meier, Meier Morgan Hatley & Stock, Tulsa, OK, for Asset Allocation and Management Company.

Jack R Givens, Charles Michael Copeland, William George LaSorsa, Jones Givens Gotcher & Bogan, Tulsa, OK, for Structured Finance Advisors, Inc.

James A Rolfes, Sachnoff & Weaver Ltd, Chicago, IL, Charles Robert Burton, IV, R Thomas Seymour, Seymour Law Firm, Tulsa, OK, Joseph F Wayland, Thomas P Briody, Simpson Thacher & Bartlett, Linda C Imes, Richards Spears Kibbe & Orbe, New York, NY, Mary Beth Long, Williams & Connolly, Washington, DC, for Deposition Protocol Committee.

Charles Robert Burton, IV, R. Thomas Seymour, Seymour Law Firm, Fred Randolph Lynn, Tulsa, OK, for Gertrude A. Brady.


ORDER

JOYNER, United States Magistrate Judge.

TABLE OF CONTENTS

I. INTRODUCTION............................................1232
        A. BACKGROUND: THE CIVIL LITIGATION AGAINST BARTMANN
             AND THE INSTITUTIONAL DEFENDANTS...................1233
            1. COMMERCIAL FINANCIAL SE...........................1233
            2. THE DEFENDANTS .........................

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