IN RE HOMESTORE.COM, INC. SECURITIES LITIGATION

No. C01-11115 MJP (CWX).

347 F.Supp.2d 790 (2004)

In re HOMESTORE.COM, INC. SECURITIES LITIGATION.

United States District Court, C.D. California.

May 11, 2004.


Attorney(s) appearing for the Case

Bruce L. Simon, Joseph W. Cotchett, Peter E. Borkon, Robert G. Retana, Mark Cotton Molumphy, Nanci E. Nishimura, Steven N. Williams, Cotchett Pitre Simon & McCarthy, Burlingame, CA, Clifford H. Pearson, Gary S. Soter, Wasserman Comden Casselman & Pearson, Tarzana, CA, Darren J. Robbins, Lerach Coughlin Stoia Geller Rudman and Robbins, San Diego, CA, Jeffrey H. Dasteel, Katherine M. Pratt, Skadden Arps Slate Meagher & Flom, Los Angeles, CA, Tracey L. Worthington, Bernstein, Litowitz, Berger & Grossmann, William S. Lerach, Milberg, Weiss, Bershad, Hynes & Lerach, San Diego, CA, for Plaintiffs.

Robert C. Vanderet, Seth A. Aronson, Sharon Louise Tomkins, O'Melveny & Myers, Howard M. Privette, Morgan J. Miller, Paul Hastings Janofsky & Walker, Los Angeles, CA, Michael J. Biles, Paul R. Bessette, Brobeck, Phleger & Harrison, Austin, TX, Donna M. Herzing, Robert Charles Friese, Zesara Chan, Shartsis, Friese & Ginsburg, San Francisco, CA, Marc A. Fenster, Russ, August & Kabat, Richard D. Gluck, Fairbank & Vincent, Robert H. Fairbank, Los Angeles, CA, John William Davis, John W. Davis Law Offices, San Francisco, CA, Daniel S. Floyd, Dean J. Kitchens, Lynn M. Dean, Mark Mermelstein, Richard J. Doren, Sogol K. Pirnazar, Ted Allan Gehring, Wendy L. Wallace, Gibson, Dunn & Crutcher, C. Robert Boldt, Erin Nicole Brady, Kirkland & Ellis, Jan L. Handzlik, Howrey, Simon, Arnold and White, John B. Quinn, Thad Alan Davis, Quinn, Emanuel, Urquhart, Oliver & Hedges, Los Angeles, CA, Ana C. Reyes, F. Whitten Peters, George Borden, Ryan T. Scarborough, Williams & Connolly, Washington, DC, Samuel Kader, Stephen P. Warren, Skadden, Arps, Slate, Meagher & Flom, New York, NY, Stuart A. Shanus, Reed, Smith, Crosby & Heafey, Los Angeles, CA, Pamela J. Naughton, Sheppard, Mullin, Richter & Hampton, San Diego, CA, Alison T. Shaw, Thomas O. Helton, Baker, Donelson, Bearman & Caldwell, Chattanooga, TN, William D. Naeve, Cotkin, Collins & Ginsburg, Santa Ana, CA, Pallavi Wahi, Phillip H. Ginsberg, Stokes Lawrence, Seattle, WA, Richard R. Mainland, Fulbright & Jaworski, Los Angeles, CA, Douglas J. Clark, Kent Wycliffe Easter, Wilson, Sonsini, Goodrich & Rosati, Palo Alto, CA, Charles L. Zetterberg, Buxbaum & Chakmak, Claremont, CA, J. Thomas Richardson, Maureen D. Burke, Whitney H. Leibow, Cairncross & Hempelmann, Seattle, WA, Eric William Benisek, Richard C. Vasquez, Tatia M. Lira, Morgan, Miller & Blair, Walnut Creek, CA, William K. Mills, Parker, Mills & Patel, Los Angeles, CA, Bernard C. Barmann, Jr, Ralph F. Hirschmann Law Offices, Los Angeles, CA, Marc J. Ross, Richard J. Babnick, Jr., Sichenzia, Ross, Friedman, Ference, New York, NY, Mary T. Huser, Bingham McCutchen, East Palo Alto, CA, Torgny R. Nilsson, Thelen, Reid & Priest, Los Angeles, CA, Krista J. Martinelli, Walter Jesse Robinson, III, Pillsbury Winthrop, Palo Alto, CA, David W. Shapiro, Boies, Schiller & Flexner, Oakland, CA, Tanya Chutkan, William A. Isaacson, Boies, Schiller & Flexner, Washington, DC, Kathleen T. Dyer, Nanci L. Clarence, Clarence, Snell & Dyer, San Francisco, CA, David Colburn, O'Neill & Sun, Santa Monica, CA, Carl S. Kravitz, Graeme W. Bush, Kristen Flynn, Roger C. Spaeder, Zuckerman Spaeder, Washington, DC, Jodi M. Newberry, Paul D. Murphy, Murphy, Rosen and Cohen, Santa Monica, CA, Yolanda Orozco, Liner, Yankelevitz, Sunshine and Regenstreff, Los Angeles, CA, Belinda S. Lee, Latham & Watkins, Los Angeles, CA, Everett C. Johnson, Jr, Latham & Watkins, Washington, DC, J. Christian Word, Latham & Watkins, Reston, VA, Edward S. Nathan, Herbert J. Stern, Jeffrey, Speiser, Stern & Greenberg, Roseland, NJ, for Defendants.

Nicholas Koluncich III, Nicholas Koluncich III Law Offices, Albuquerque, NM, Laurie A. Traktman, Gilbert & Sackman, Los Angeles, CA, for Movant.

Michael R Wilner, AUSA—Office of US Attorney Criminal Div—US Courthouse, Los Angeles, CA, for Intervenor.

Peter B. Tafeen, Kirkland, FL, Pro Se.

Steven F. Helfand, San Francisco, CA, Pro Se.


ORDER ON DEFENDANT PRICEWTERHOUSE COOPERS' MOTIONS FOR SUMMARY JUDGMENT

PECHMAN, District Judge.

This matter comes before the Court on Defendant PricewaterhouseCoopers, LLP's ("PwC") motions for summary judgment (Dkt. Nos.343, 344, 345). Lead Plaintiff California State Teachers' Retirement System ("CalSTRS") originally brought this private securities action alleging various acts of fraud on the part of several of Defendant Homestore.com, Inc.'s ("Homestore...

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