IN RE WORLDCOM, INC. SECURITIES LITIGATION

Nos. 02 Civ. 3288(DLC), 03 Civ. 0167, 03 Civ. 0168, 03 Civ. 0169, 03 Civ. 0170, 03 Civ. 0171, 03 Civ. 0337, 03 Civ. 0890, 03 Civ. 0891, 03 Civ. 0892, 03 Civ. 1283, 03 Civ. 1284, 03 Civ. 2839, 03 Civ. 3859, 03 Civ. 3860, 03 Civ. 4499, 03 Civ. 4500, 03 Civ. 6226, 03 Civ. 6227, 03 Civ. 6592, 03 Civ. 7297, 03 Civ. 7806, 03 Civ. 8269, 03 Civ. 8270, 03 Civ. 8271, 03 Civ. 8923, 03 Civ. 8924, 03 Civ. 9168, 03 Civ. 9400, 03 Civ. 9401, 03 Civ. 9402, 03 Civ. 9823, 03 Civ. 9824.

308 F.Supp.2d 214 (2004)

In re WORLDCOM, INC. SECURITIES LITIGATION California Public Employees' Retirement SYSTEM and the Los Angeles County Employees Retirement Association, Plaintiffs, v. Bernard J. Ebbers, et al., Defendants. Board of Trustees of The Teachers' Retirement System of The State of Illinois, Plaintiff, v. Bernard J. Ebbers, et al., Defendants. State Universities Retirement System of Illinois, Plaintiff, v. Bernard J. Ebbers, et al., Defendants. Illinois State Board of Investment, Plaintiff, v. Bernard J. Ebbers, et al., Defendants. West Virginia Investment Management Board, Plaintiff, v. Bernard J. Ebbers, et al., Defendants. United Food and Commercial Workers Union Local 880-Retail Food Employers Joint Pension Fund, et al., Plaintiffs, v. Bernard J. Ebbers, et al., Defendants. Alameda County Employees' Retirement Association, et al., Plaintiffs, v. Bernard J. Ebbers, et al., Defendants. Screen Actors Guild-Producers Pension and Health Plans, et al., Plaintiffs, v. Bernard J. Ebbers, et al., Defendants. Washington State Investment Board, Plaintiff, v. Bernard J. Ebbers, et al., Defendants. Minnesota State Board of Investments, Plaintiff, v. Bernard J. Ebbers, et al., Defendants. Montana Board of Investments, Plaintiff, v. Bernard J. Ebbers, et al., Defendants. Los Angeles Board of Fire & Police Pension Commissioners, et al., Plaintiffs, v. Bernard J. Ebbers, et al., Defendants. The Maryland-National Capital Park and Planning Commission Employees' Retirement System, Plaintiff, v. Bernard J. Ebbers, et al., Defendants. Heavy & General Laborers' Locals 472 & 172 Pension & Annuity Funds, Teamsters Local 408 Pension Fund and Teamsters Local 863 Guaranteed Fund, Plaintiffs, v. Bernard J. Ebbers, et al., Defendants. State of Wisconsin Investment Board and Milwaukee Employees' Retirement System, Plaintiffs, v. Bernard J. Ebbers, et al., Defendants. Maintenance Employees Teamsters Local 416 Pension Fund, et al., Plaintiffs, v. Bernard J. Ebbers, et al., Defendants. Maine State Retirement System, Plaintiff, v. Citigroup, Inc., et al., Defendants. Municipal Employees' Retirement System of Michigan, et al., Plaintiffs v. Bernard J. Ebbers, et al., Defendants. State of Alaska Dept. of Revenue and Alaska State Pension Investment Board, Plaintiffs, v. Bernard J. Ebbers, et al., Defendants. McMorgan & Company, Plaintiff, v. Bernard J. Ebbers, et al., Defendants. Carpenters Pension Trust for Southern California, Plaintiff, v. Bernard J. Ebbers, et al., Defendants. Alaska Electrical Pension Fund, Plaintiff, v. Citigroup, Inc., et al., Defendants. UFCW International Union-Industry Pension Fund, Plaintiff, v. Bernard J. Ebbers, et al., Defendants. Massachusetts State Guaranteed Annuity Fund, et al., Plaintiffs, v. Bernard J. Ebbers, et al., Defendants. Alaska Permanent Capital Management Company, Plaintiff, v. Citigroup, Inc., et al., Defendants. Denver Area Meat Cutters & Employers Pension Plan, et al., Plaintiffs, v. Bernard J. Ebbers, et al., Defendants. Locals 302 and 612 of The International Union of Operating Engineers-Employers Construction Industry Retirement Trust, Plaintiff, v. Bernard J. Ebbers, et al., Defendants. Alaska Teamster-Employer Pension Trust, Plaintiff, v. Citigroup, Inc., et al., Defendants. District No. 9, I.A. of M & A.W. Pension Trust, et al., Plaintiffs, v. Bernard J. Ebbers, et al., Defendants. The National Asbestos Workers Pension Fund, Plaintiff, v. Bernard J. Ebbers, et al., Defendants. American International Group, Inc., et al., Plaintiffs, v. Bernard J. Ebbers, et al., Defendants. The Northwestern Mutual Life Insurance Company, Plaintiff, v. Bernard J. Ebbers, et al., Defendants.

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

January 20, 2004.


Attorney(s) appearing for the Case

William S. Lerach, Darren J. Robbins, Spencer Burkholz, Michael J. Dowd, Randall Baron, Thomas E. Egler, Milberg Weiss Bershad Hynes & Lerach LLP, San Diego, CA, Melvyn I. Weiss, Steven G. Schulman, Sol Schreiber, Milberg Weiss Bershad Hynes & Lerach LLP, New York City, Patrick J. Coughlin, Milberg Weiss Bershad Hynes & Lerach LLP, San Francisco, CA, for Plaintiffs.

William S. Lerach, Darren J. Robbins, Spencer Burkholz, Michael J. Dowd, Randall Baron, Thomas E. Egler, Milberg Weiss Bershad Hynes & Lerach LLP, San Diego, CA, Melvyn I. Weiss, Steven G. Schulman, Sol Schreiber, Milberg Weiss Bershad Hynes & Lerach LLP, New York City, Patrick J. Coughlin, Milberg Weiss Bershad Hynes & Lerach LLP, San Francisco, CA, Gregg D. Renkes, Attorney General, Michael A. Barnhill, Assistant Attorney General, State of Alaska, Juneau, AK, for Plaintiffs State of Alaska Dept. of Revenue and Alaska State Pension Investment Board.

David Wertheimer, Lyndon Tretter, Hogan & Hartson, New York City, for Defendant Bernard J. Ebbers.

R. David Kaufman, M. Patrick McDowell, Brunini Grantham Grower & Hewes PLLC, Jackson, MS, for Defendant Bernard J. Ebbers, of counsel.

Eliot Lauer, Michael Moscato, Michael Hanin, Curtis, Mallet-Prevost, Colt & Mosle LLP, New York City, for Defendant Arthur Anderson LLP.

Paul Curnin, David Elbaum, Simpson Thacher & Bartlett LLP, New York City, for Director Defendants.

Jay B. Kasner, Susan L. Saltzstein, Steven J. Kolleeny, Skadden Arps Slate Meagher & Flom LLP, New York City, for Underwriter Defendants.

Martin London, Richard A. Rosen, Brad S. Karp, Eric S. Goldstein, Walter Rieman, Marc Falcone, Joyce S. Huang, Paul Weiss Rifkind Wharton & Garrison LLP, New York City, Robert McCaw, Peter K. Vigeland, Wilmer Cutler & Pickering, New York City, for Defendants Citigroup Global Markets, Inc. f/k/a Salomon Smith Barney, Inc., Citigroup Inc., and Jack Grubman.


OPINION AND ORDER

COTE, District Judge.

This Document Relates to:

On November 21, 2003, the motion to dismiss one of the individual actions filed by the law firm Milberg Weiss Bershad Hynes & Lerach ("Milberg Weiss") in the litigation arising from the collapse of WorldCom, Inc. ("WorldCom") was granted in part. In re Worldcom, Inc. Securities Litig., 294 F.Supp.2d 431 (S.D.N.Y.2003) ("November...

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