IN RE STONE & WEBSTER, INC., SECURITIES LITIGATION

No. 03-2429.

424 F.3d 24 (2005)

In re STONE & WEBSTER, INC., SECURITIES LITIGATION Adele Brody, on behalf of herself and all others similarly situated; Fred Dubois, Jr., individually and on behalf of all others similarly situated; Albert A. Blank, on behalf of himself and all others similarly situated; David B. Everson, on behalf of himself and all others similarly situated; Fanny Mandelbaum, on behalf of herself and all others similarly situated; Mark Hanson, on behalf of himself and all others similarly situated, Plaintiffs, Ram Trust Services, Inc., Lens Investment Management LLC, Plaintiffs, Appellants, v. Stone & Webster, Inc., H. Kerner Smith, Thomas Langford, Pricewaterhousecoopers, LLP, Defendants, Appellees.

United States Court of Appeals, First Circuit.

Decided September 13, 2005.


Attorney(s) appearing for the Case

Norman Berman, Jeffrey C. Block, Alicia M. Duff, Boston, MA, Marc A. Topaz, Bala Cynwyd, PA, Steven G. Schulman, Nancy Freeman Gans, Stephen Moulton, Boston, MA, Paul J. Geller, Samuel H. Rudman, Cauley, Geller, Bowman, Coates & Rudman, LLP, Melville, NY, Jeffrey C. Block, Norman Berman, for Plaintiffs.

Edward J. Barshak, Sugarman, Rogers, Barshak & Cohen, Boston, MA, Bryan A. Wood, Joseph Merschman, Berman, Devalerio, Pease, Tabacco, Burt & Pucillo, Boston, MA, Adria Benner, Jay W. Eisenhofer, Sidney S. Liebesman, P. Bradford Deleeuw, Grant & Eisenhofer, for Plaintiff-Appellant.

Bryan A. Wood, Joseph Merschman, Adria Benner, Jay W. Eisenhofer, Sidney S. Liebesman, Thomas J. Dougherty, Skadden, Arps, Slate, Meagher & Flom, Boston, MA, for Defendant.

Jordan D. Hershman, Bingham McCutchen, Boston, MA, William G. Meserve, Ropes & Gray One International Pl., Peter M. Casey, Peter M. Casey, Matthew Edward Miller, Kevin C. Conroy, Jamie L. Wacks, Foley Hoag, Boston, MA, Jeffrey C. Block, Alicia M. Duff, Berman, Devalerio, Pease, Tabacco, Burt & Pucillo, Boston, MA, Nancy Freeman Gans, Stephen Moulton, Moulton & Gans, PC, Norman Berman, for Defendant-Appellee.

Before BOUDIN, Chief Judge, LEVAL, Senior Circuit Judge, and HARRINGTON, Senior District Judge.


LEVAL, Senior Circuit Judge.

Defendant-appellees H. Kerner Smith and Thomas L. Langford ("defendants") petition for rehearing, contending that the panel decision erred in vacating the district court's dismissal of certain "controlling person" claims under § 20(a) of the Securities Exchange Act of 1934 ("Act"), 15 U.S.C. § 78t(a), while simultaneously affirming the district court's dismissal of claims under § 10(b) of the Act, 15 U.S.C. § 78j(b...

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