In re: MERRILL LYNCH & CO., INC. RESEARCH REPORTS SECURITIES LITIGATION
This Document Relates to: In re Merrill Lynch & Co., Inc. Internet Strategies Fund Securities Litigation, 02-CV-3176(MP).
United States District Court, S.D. New York.https://leagle.com/images/logo.png
October 29, 2003.
October 29, 2003.
Attorney(s) appearing for the Case
Abbey Gardy, LLP (by Jill S. Abrams and Evan J. Kaufman), New York, New York, for Plaintiffs.
Kaplan Fox & Kilsheimer LLP (by Frederic S. Fox, Laurence D. King, and Donald R. Hall), New York, New York, for Plaintiffs.
Clifford Chance U.S. LLP (by James N. Benedict, Mark Holland, and Mary K. Dulka), New York, New York, for Defendants Fund Asset Management, L.P., FAM Distributors, Inc. (f/k/a Merrill Lynch Funds Distributor), Princeton Services, Inc., Paul G. Meeks, Terry K. Glenn, Donald C. Burke and Arthur Zeikel.
Merrill Lynch Investment Managers, L.P. (by Lori A. Martin, First Vice President and Assistant General Counsel), Plainsboro, NJ, for Defendants Fund Asset Management, L.P., FAM Distributors, Inc. (f/k/a Merrill Lynch Funds Distributor), Princeton Services, Inc., Paul G. Meeks, Terry K. Glenn, Donald C. Burke and Arthur Zeikel, of counsel.
Skadden, Arps, Slate, Meagher & Flom LLP (by Jay B. Kasner, Edward J. Yodowitz, Scott D. Musoff and Joanne Gaboriault), Four Times Square, New York, New York, for Defendant Merrill Lynch & Co., Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated.
Swidler Berlin Shereff Friedman, LLP (by Andrew J. Levander, Joseph F. Donley and Laura Proctor), New York, New York, for Defendant Merrill Lynch Global Technology Fund, Inc.
Bressler, Amery & Ross (by Hugo A. Hilgendorff IV and David J. Libowsky), New York, New York for Defendants Charles C. Reilly, Roscoe S. Suddarth, Richard R. West and Edward D. Zinbarg.
Bass Berry & Sims PLC (by Michael L. Dagley), Nashville, Tennessee, for Defendants Charles C. Reilly, Roscoe S. Suddarth, Richard R. West and Edward D. Zinbarg.
United States District Court, S.D. New York.
DECISION AND ORDER
POLLACK, Senior District Judge.
This case is yet another of the class actions following the long boom and eventual bust of the internet sector of the securities markets. After years of unrestrained speculation in volatile and highly untested common stocks, the internet bubble burst in the Spring of 2000, dragging the prices of common stocks down with it, and generating a wave of litigation. A detailed recitation of the relevant...
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