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SCHAFFER EX REL. LASERSIGHT INCORPORATED v. CC INVESTMENTS, LDC

No. 99 Civ. 2821(VM).

280 F.Supp.2d 128 (2003)

Barbara SCHAFFER, Derivatively, on behalf of LASERSIGHT INCORPORATED Plaintiff, v. CC INVESTMENTS, LDC, Castle Creek Partners, LLC, Societe Generale Shepherd Investments International, Ltd., Stark International, Brian J. Stark, Michael A. Roth, and Lasersight Incorporated, Defendants.

United States District Court, S.D. New York.

September 3, 2003.

Attorney(s) appearing for the Case

Glenn F. Ostrager, Joshua Seth Broitman, Ostrager, Chong, Flaherty & Onofrio, P.C., Paul D. Wexler, Bragar, Wexler, Eagel & Morgenstern, L.L.P., New York, NY, for Barbara Schaffer.

Scott Edelman, Milbank Tweed Hadley & McCloy, Scott A. Edelman, Milbank, Tweed, Hadley & McCloy LLP, New York, NY, for CC Investments, LDC, Castle Creek Partners, LLC.

Steven Carl Bennett, Jones, Day, Reavis & Pogue, New York, NY, for Societe Generale.

Matthew Lawrence Craner, Daniel J. Kramer, Schulte Roth & Zabel, LLP, New York, NY, for Shepherd Investments Intern., Ltd., Stark Intern., Brian J. Stark, Michael A. Roth.

Gary Meyerhoff, Sonnenschein, Nath & Rosenthal, New York, NY, for Lasersight Inc.

DECISION AND ORDER

MARRERO, District Judge.

Plaintiff Barbara Schaffer ("Schaffer") brings this action pursuant to Section 16(b) of the Securities Exchange Act of 1934 (the "Act") for disgorgement of short-swing profits allegedly obtained by Defendants1 acting as a group in violation of that section of the Act. In a prior Decision and Order, dated December 20, 2002, this...

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