In re CIT GROUP, INC. SECURITIES LITIGATION
THIS ORDER RELATES TO: ALL ACTIONS
United States District Court, S.D. New York.https://leagle.com/images/logo.png
December 21, 2004.
December 21, 2004.
Attorney(s) appearing for the Case
Milberg Weiss Bershad Hynes & Lerach LLP, New York, NY (Sanford P. Dumain, Benjamin Y. Kaufman, Jeffrey T. Spinazzola, of counsel), for Lead Plaintiffs.
Law Offices of Lawrence G. Soicher, New York, NY (Lawrence G. Soicher, of counsel), Cohen, Milstein, Hausfeld & Toll, PLLC, New York, NY (Catherine A. Torell, of counsel), Bernstein, Liebhard & Lifshitz, LLP, New York, NY (Sandy A. Liebhard, of counsel), Rabin Murray & Frank, New York, NY (Marvin L. Frank, of counsel), Weiss & Yourman, New York, NY (Joseph H. Weiss, of counsel,) for plaintiffs.
Fried, Frank, Harris, Shriver & Jacobson, New York, NY (Douglas H. Flaum, Brett D. Jaffe, of counsel), for Defendants CIT Group, Inc., Albert R. Gamper, Jr., and Joseph M. Leone.
Cleary, Gottlieb, Steen & Hamilton, New York, NY (Max Gitter, Jennifer L. Kroman, of counsel), for Defendants Goldman Sachs & Co., Lehman Brothers Inc., and Salomon Smith Barney Inc.
United States District Court, S.D. New York.
MEMORANDUM OPINION AND ORDER
SPRIZZO, District Judge.
Plaintiffs, members of the class of individuals who purchased CIT Group, Inc. ("CIT") common stock in or traceable to CIT's July 1, 2002 initial public offering ("IPO"), bring this action to recover for materially misleading statements made in CIT's registration statement and prospectus. Plaintiffs seek recovery pursuant to sections 11, 12(a)(2), and 15...
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