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IN RE WORLDCOM, INC. SECURITIES LITIGATION

Nos. 02 Civ.3288 (DLC), 03 Civ.1052.

303 F.Supp.2d 385 (2004)

In re WORLDCOM, INC. SECURITIES LITIGATION In re Painewebber Goals Securities Litigation

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

January 6, 2004.

Attorney(s) appearing for the Case

Arthur N. Abbey, Jill S. Abrams, Richard B. Margolies, Abbey Gardy, LLP, New York City, for Lead Plaintiffs.

Gregory A. Markel, Ronit Setton, Cadwalader, Wickersham & Taft LLP, New York City, for Defendant UBS AG.

OPINION & ORDER

COTE, District Judge.

This Document Relates to:

This Opinion addresses a motion to dismiss claims brought in one of the many actions arising from the collapse of WorldCom, Inc. ("WorldCom"). On June 25, 2002, WorldCom made the first of several announcements that it would restate publicly filed financial reports; since then, WorldCom has admitted that its financial reports filed with the SEC from 1999 through the first quarter...

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