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IN RE NTL, INC. SECURITIES LITIGATION

No. 02 Civ.3013 LAK.

347 F.Supp.2d 15 (2004)

In re NTL, INC. SECURITIES LITIGATION This Document Relates to: All Cases

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

December 6, 2004.

Attorney(s) appearing for the Case

Jeffrey M. Haber, Felicia L. Stern, Bernstein Leibhard & Lifshitz, LLP, Daniel B. Scotti, Cary L. Talbot, Milberg Weiss Bershad Hynes & Lerach, LLP, New York City, for Lead Plaintiffs in No. 02 Civ. 3013.

Robert Hermann, Thacher Proffitt & Wood, LLP, New York City, for Plaintiffs in No. 02 Civ. 7377.

Brooks R. Burdette, David K. Momborquette, James J. O'Brien, Schulte Roth & Zabel, LLP, New York City, for Defendants George S. Blumenthal, J. Barclay Knapp, John F. Gregg, and Stephen Carter.

Joel W. Stemman, Julie Pechersky, Katten Muchin Zavis Rosenman, New York City, for Defendant George S. Blumenthal.

Seth M. Schwartz, Skadden, Arps, Slate, Meagher & Flom, LLP, New York City, for Defendant NTL Europe, Inc., formerly known as NTL Incorporated.

MEMORANDUM OPINION

KAPLAN, District Judge.

Following the collapse of the Internet and technology boom, courts have been faced with numerous actions against telecommunication and other technology companies whose stock prices declined precipitously. This controversy involves one such former telecommunications giant, NTL, Inc. ("NTL"), a New York based corporation that provides telephone, cable television, Internet and broadband communications services in the...

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