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IN RE KEYSPAN CORP. SECURITIES LITIGATION

No. 01 CV 5852(ARR).

383 F.Supp.2d 358 (2003)

In re KEYSPAN CORPORATION SECURITIES LITIGATION

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

March 21, 2003.

Attorney(s) appearing for the Case

Mark D. Smilow, Weiss & Yourman, New York, NY, Steven Cauley, Cauley Geller Bowman & Coates, LLP, Little Rock, AR, for Lead Plaintiffs.

Michael J. Chepiga, Simpson Thacher & Bartlett, New York, NY, for defendant KeySpan.

Robert J. Higgins, Dickstein Shapiro Morin & Oshinsky, LLP, Washington, DC, for defendants Catell, et al.

OPINION AND ORDER

ROSS, District Judge.

The lead plaintiffs in this action represent a proposed class of persons who purchased stock in defendant KeySpan Corporation ("KeySpan," or "the Company") between November 4, 1999, and January 24, 2002. By the Consolidated Class Action Complaint ("the complaint"), filed May 13, 2002, plaintiffs allege that defendants, KeySpan and 13 of its most senior officers and directors ("the individual defendants"; collectively...

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