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IN RE LABRANCHE SECURITIES LITIGATION

No. 03 CIV. 8201(RWS).

333 F.Supp.2d 178 (2004)

In re: LABRANCHE SECURITIES LITIGATION

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

August 27, 2004.

Attorney(s) appearing for the Case

Cauley Geller Bowman & Rudman, Melville, NY (Samuel H. Rudman, Robert M. Rothman, David A. Rosenfeld, Mario Alba, Jr., of Counsel), Schiffrin & Barroway, Bala Cynwyd, PA (David Kessler, Marc I. Willner, of Counsel), Lead Counsel for Plaintiffs.

Weil, Gotshal & Manges LLP, New York, NY (Irwin H. Warren, Stephen A. Radin, of Counsel), Jones Day, New York, NY (E. Michael Bradley, Christopher A. Lisy, of Counsel), for Defendants.

OPINION

SWEET, District Judge.

Lead Plaintiffs Anthony Johnson, Clyde Farmer, Edwin Walthall, Donald Stahl, and City of Harper Woods Retirement Systems (collectively, the "Lead Plaintiffs") have moved to modify the discovery stay set forth in Section 21D(b)(3)(B) of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995 (the "PSLRA"), 15 U.S.C. § 78u-4(b)(3)(b). For the reasons set forth below...

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