IN RE NORTHWESTERN CORP. SECURITIES LITIGATION

No. CIV 03-4049.

329 F.Supp.2d 1105 (2004)

In re NORTHWESTERN CORPORATION SECURITIES LITIGATION

United States District Court, D. South Dakota, Southern Division.

April 7, 2004.


Attorney(s) appearing for the Case

Lionel Z. Glancy, Glancy & Binkow, Los Angeles, CA, Timothy J. Dougherty, Dougherty & Dougherty, Sioux Falls, Arthur L. Shingler, III, Scott & Scott, LLC, Darren J. Robbins, Lerach Coughlin Stoia & Robbins LLP, San Diego, CA, David Lavine, Milberg, Weiss, Bershad, Hynes & Lerach, Dennis J. Herman, Lerach Coughlin Stoia & Robbins LLP, San Francisco, CA, John T. DeCarlo, DeCarlo, Connor & Selvo, Los Angeles, CA, Patrick J. Coughlin, Lerach Coughlin Stoia & Robbins LLP, Reed R. Kathrein, Lerach Coughlin Stoia & Robbins LLP, San Francisco, CA, Thomas K. Wilka, Hagen, Wilka and Archer, P.C., Sioux Falls, SD, William S. Lerach, Lerach Coughlin Stoia & Robbins LLP, San Diego, CA, Willow E. Radcliffe, Lerach Coughlin Stoia & Robbins LLP, San Francisco, CA, David A. Rosenfeld, Cauley Geller Bowman Coates & Rudman LLP, Melville, NY, F. Andre Delfi, Schiffrin & Barroway, LLP, Marc A. Topaz, Schiffrin & Barroway, LLP, Bala Cynwyd, PA, Samuel H. Rudman, Cauley Geller Bowman Coates & Rudman LLP, Melville, NY, Guri Ademi, Ademi & O'Reilly, LLP, Shpetim Ademi, Ademi & O'Reilly, LLP, Cudahy, WI, Karen M. Hanson, Lockridge, Grindal, Nauen P.L.L.P., Richard A. Lockridge, Lockridge, Grindal, Nauen P.L.L.P., Minneapolis, MN, Andrew Schatz, Schatz & Nobel, P.C., Jeffrey S. Nobel, Schatz & Nobel, P.C., Nancy A. Kulesa, Schatz & Nobel, P.C., Hartford, CT, Ira M. Press, Kirby, McInerney & Squire, New York City, Todd David Epp, Abourezk Law Offices, PC, Sioux Falls, Alfred G. Yates, Law Offices of Alfred G. Yates, Jr., Pittsburgh, PA, Azra Z. Mehdi, Milberg, Weiss, Bershad, Hynes & Lerach LLP, San Francisco, CA, Curtis Trinko, New York City, David R. Scott, Scott & Scott, LLC, Colchester, CT, Kenneth A. Wexler, Kenneth A. Wexler and Associates, Chicago, IL, Lee Squitieri, Squitieri & Fearon, LLP, New York City, Paul J. Scarlato, Weinstein Kitchenoff Scarlato Karon & Goldman Ltd., Philadelphia, PA, Stephen J. Fearon, Squitieri & Fearon, LLP, New York City, Daniel M. Shanley, DeCarlo, Connor & Selvo, John T. DeCarlo, DeCarlo, Connor & Selvo, Los Angeles, CA, Michael A. Swick, Scott & Scott, LLC, Colchester, CT, for Dana Ross, Individually and on behalf of all other similarly situated, Carpenters Pension Trust for Southern California, On Behalf of Themselves and All Others Similarly Situated, Oppenheim Investment Management, LLC, On Behalf of Themselves and All Others Similarly Situated, John Gremillion, Jr., Individually and on Behalf of all Others Similarly Situated, Samuel E. Christen, on Behalf of Himself and all Others Similarly Situated, Alan G. Stevens, on Behalf of Himself and all Others Similarly Situated, John LaGalante, on Behalf of Himself and all Others Similarly Situated, Caman Investments Incorporated, on Behalf of Themselves and all Others Similarly Situated, William Pelak, Individually and On Behalf of All Others Similarly Situated, Joseph Wood, Jr., Individually and on Behalf of All Others Similarly Situated, Grace Liberoff, Individually and on Behalf of All Others Similarly Situated, Leon Feigin, Individually and on Behalf of All Others Similarly Situated, Arthur Laufer, Individually and on Behalf of all Others Similarly Situated, Sanford & Beatrice Golman Family Trust, on Behalf of Itself and All Others Similarly Situated, Plaintiffs.

David R. Crosby, Leonard, Street & Deinard, PC, Elizabeth Kramer, Leonard, Street & Deinard, PC, Michael G. Taylor, Leonard, Street & Deinard, PC, Stephen M. Quinlivan, Leonard, Street & Deinard, PC, Minneapolis, MN, Grace A. Carter, Paul Hastings Janofsky & Walker LLP, John A. Reding, Jr., Paul Hastings Janofsky & Walker LLP, San Francisco, CA, Mark F. Marshall, Davenport, Evans, Hurwitz & Smith, Sioux Falls, SD, Morgan J. Miller, Paul Hastings Janofsky & Walker, LLP, William F. Sullivan, Paul Hastings Janofsky & Walker, LLP, San Diego, CA, David J. Stagman, Katten Muchin Zavis Rosenman, Chicago, IL, John Patrick Mullen, Bangs, McCullen, Butler, Foye & Simmons, Sioux Falls, SD, Mary Ellen Hennessy, Katten Muchin Zavis Rosenman, Sheldon T. Zenner, Katten Muchin Zavis Rosenman, Chicago, IL, Victoria M. Duehr, Bangs, McCullen, Butler, Foye & Simmons, Sioux Falls, SD, Edward Han, Paul Hastings Janofsky & Walker LLP, San Francisco, CA, Karol K. Denniston, Paul, Hastings, Janofsky & Walker, LLP, Atlanta, GA, David P. Pearson, Winthrop & Weinstine, P.A., Minneapolis, MN, Jeremiah D. Murphy, Murphy Goldammer & Prendergast, LLP, Sioux Falls, Karl E. Robinson, Winthrop & Weinstine, P.A., Minneapolis, MN, Vance R.C. Goldammer, Murphy Goldammer & Prendergast, LLP, Sioux Falls, SD, J. Christian Word, Latham & Watkins, Reston, VA, Michael A. Henderson, Cadwell, Sanford, Deibert & Garry, LLP, Sioux Falls, SD, Paul H. Dawes, Latham & Watkins, LLP, Menlo Park, CA, Steven W. Sanford, Cadwell, Sanford, Deibert & Garry, LLP, Sioux Falls, SD, Michele F. Kyrouz, Latham & Watkins, LLP, San Francisco, CA, John A. Neuwirth, Weil, Gotshal & Manges, LLP, Joseph S. Allerhand, Weil, Gotshal & Manges LLP, Miranda S. Schiller, Weil, Gotshal & Manges LLP, New York City, Timothy R. Shattuck, Woods, Fuller, Shultz & Smith, PC, Christopher Wayne Madsen, Boyce Greenfield Pashby & Welk, LLP, Sioux Falls, SD, Stephen E. Hermann, Richards, Layton & Finger PA, Wilmington, DE, Thomas John Welk, Boyce Greenfield Pashby & Welk, LLP, Sioux Falls, SD, for Merle D. Lewis, Kipp D. Orme, Northwestern Corporation, Richard R. Hylland, Daniel K. Newell, Eric R. Jacobsen, Gary G. Drook, Northwestern Capital Financing I, Northwestern Capital Financing II, Northwestern Capital Financing III, David A. Monaghan, Randy G. Darcy, Jerry W. Johnson, Larry F. Ness, Bruce I. Smith, Morgan Stanley & Co., Incorporated, Credit Suisse First Boston Corporation, UBS Warburg LLC, Merrill Lynch, Pierce, Fenner and Smith, Inc., Salomon Smith Barney Inc., Prudential Securities Incorporated, Merrill Lynch & Co., Inc., Morgan Stanley, Prudential Financial, Inc., Expanets, Inc., Blue Dot Services, Inc., Wilmington Trust Company, Kurt Whitesel, Marilyn R. Seymann, John C. Chatters, Defendants.


MEMORANDUM OPINION AND ORDER DENYING PRELIMINARY INJUNCTION AND DISCOVERY

PIERSOL, Chief Judge.

Plaintiffs filed a Motion for Preliminary Injunction, Expedited Discovery and Lifting the Discovery Stay, Doc. 208. The motions have been fully briefed and the Court held a hearing on the motions on October 8, 2003. After the hearing, the Court also received the parties supplemental statements in support of the motions. The motions will be denied for the reasons...

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