IN RE STONE & WEBSTER, INC., SECURITIES LITIGATION

No. CIV.A. 00-10874-RCL.

253 F.Supp.2d 102 (2003)

In re: STONE & WEBSTER, INC., SECURITIES LITIGATION

United States District Court, D. Massachusetts.

March 28, 2003.


Attorney(s) appearing for the Case

Norman Berman, Jeffrey C Block, Alicia M. Duff, Berman DeValerio Pease Tabacco, Burt & Pucillo, Boston, MA, for Adele Brody, Albert A. Blank, David B. Everson, Fanny Mandelbaum, Mark Hanson, SG Cowen Asset Management, Inc., John Grady, Elena Hanley.

Edward J. Barshak, Sugarman, Rogers, Barshak & Cohen, Boston, MA, Jay W. Eisenhofer, Sidney S. Liebesman, Adria Benner, Grant & Eisenhofer, P.A., Wilmingotm, DE, Jay W. Eisenhofer, Sidney S. Liebesman, Adria Benner, Grant & Eisenhofer, P.A. Wilmington, DE, for Ram Trust Services, Inc., Lens Investment Management, LLC.

Steven G. Schulman, Milberg, Weiss Bershad Hynes & Lerach, LLP, New York City, Marc A. Topaz, Schiffrin & Barroway, LLP, Bala Cynwyd, PA, Paul J. Geller, Samuel H. Rudman, Cauley & Geller, LLP, Boca Raton, FL, Stephen Moulton, Nancy F. Gans, Moulton & Gans, PC, Boston, MA, for Fred DuBois, Jr.

Thomas J. Dougherty, Skadden, Arps, Slate, Meagher & Flom, Boston, MA, Janet L. Goetz, Skadden, Arps, Slate, Meagher & Flom LLP, Washington, DC, for Stone & Webster, Inc.

William G. Meserve, Ropes & Gray, Boston, MA, Jordan D. Hershman, Thomas C. Frongillo, Inez H. Friedman-Boyce, Testa, Hurwitz & Thibeault, LLP, Boston, MA, for H. Kerner Smith, Thomas Langford.

Christian M. Hoffman, Peter M. Casey, Jack W. Pirozzolo, Kevin C Conroy, Foley Hoag LLP, Boston, MA, for Pricewaterhousecoopers, LLP.


MEMORANDUM AND ORDER ON DEFENDANTS' MOTIONS TO DISMISS

LINDSAY, District Judge.

I. Introduction

This is a consolidated securities fraud class action in which the lead plaintiffs are Ram Trust Services, Inc. and Lens Investment Management, LLC ("the plaintiffs"). The lead plaintiffs propose a class of all purchasers of Stone & Webster, Inc. ("S & W" or the "Company") securities between January 22, 1998, and May 8, 2000.

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