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NEW JERSEY AND, DIV. OF INVEST. v. SPRINT CORP.

No. 03-2071-JWL.

314 F.Supp.2d 1119 (2004)

State of NEW JERSEY AND ITS DIVISION OF INVESTMENT et al., Plaintiffs, v. SPRINT CORPORATION; William T. Esrey; Ronald T. LeMay; Harold S. Hook; Charles E. Rice; Louis W. Smith; Linda Koch Lorimer; Stewart Turley; DuBose Ausley; Warren L. Batts; Irvine O. Hockaday, Jr.; Arthur Krause; J.P. Meyer; and Ernst & Young LLP, Defendants.

United States District Court, D. Kansas.

April 23, 2004.

Attorney(s) appearing for the Case

Allyn Z. Lite, Bruce D. Greenberg, Joseph J. DePalma, Mary Jean Pizza, Lite, DePalma, Greenberg & Rivas LLC, Newark, NJ, Christopher L. Nelson, Jacob A. Goldberg, Richard S. Schiffrin, Schiffrin & Barroway LLC, Bala Cynwyd, PA, Linda C. McFee, Thomas R. Buchanan, McDowell, Rice, Smith & Gaar, PC, Kansas City, MO, for Plaintiffs.

James M. Webster, III, Mark C. Hansen, Kellogg, Huber, Hansen, Todd & Evans, Washington, DC, Charles W. German, David J. Rempel, Rouse Hendricks German May PC, Clayton L. Barker, Mark A. Thornhill, Spencer Fane Britt & Browne, Kansas City, MO, David N. Greenwald, Francis P. Barron, Michael A. Paskin, Ronald S. Rolfe, Cravath, Swaine & Moore LLP, New York, NY, for Defendants.

MEMORANDUM & ORDER

LUNGSTRUM, District Judge.

Plaintiffs filed this proposed class action suit on behalf of persons who purchased Sprint securities between October 17, 2000 and February 5, 2003 (the "class period") and on behalf of persons who purchased Sprint "equity units" traceable to an August 7, 2001 registration statement during the class period. In their first amended complaint, plaintiffs allege violations of Section 10(b) of the Securities...

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