United States District Court, S.D. New York.https://leagle.com/images/logo.png
September 21, 2005.
September 21, 2005.
Attorney(s) appearing for the Case
Max W. Berger, John P. Coffey, Steven B. Singer, Chad Johnson, Beata Gocyk-Farber, Jennifer L. Edlind, John C. Browne, David R. Hassel, Bernstein Litowitz Berger & Grossmann LLP, New York, New York, Leonard Barrack, Gerald J. Rodos, Jeffrey W. Golan, Mark R. Rosen, Jeffrey A. Barrack, Pearlette V. Toussant, Regina M. Calcaterra, Chad A. Carter, Barrack, Rodos & Bacine, Philadelphia, Pennsylvania, for the Lead Plaintiff.
Martin London, Richard A. Rosen, Brad S. Karp, Eric S. Goldstein, Joyce S. Huang, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, New York, Peter K. Vigeland, Wilmer, Cutler, Pickering, Hale and Dorr LLP, New York, New York, for the Citigroup Defendants.
Paul C. Curnin, David Elbaum, Helena Almeida, Simpson Thacher & Bartlett LLP, New York, New York, for the Director Defendants.
John M. Callaghy, Robert I. Steiner, Christine L. Schessler, Kelley, Drye & Warren LLP, New York, New York, for defendant JP Morgan Chase & Co.
David M. Millman, Michael L. Cook, Schulte Roth & Zabel LLP, New York, New York, for the Cerberus Objectors.
Joseph H. Weiss, Weiss & Lurie, New York, New York, for Kenneth D. Laub.
Jeffrey D. Meyer, Moulton & Meyer, L.L.P., Houston, Texas, for Cynthia R. Levin Moulton.
Linda P. Nussbaum, Catherine A. Torrell, Cohen, Milstein, Hausfeld & Toll, P.L.L.C., New York, New York, Steven J. Toll, Joshua S. Devore, Matthew Handley, Washington, D.C., Thomas Earl Patton, Steven C. Tabackman, Brian C. Quinn, Tigue Patton Armstrong Teasdale, PLLC, Washington, D.C., Terry Rose Saunders, Thomas A. Doyle, Saunders & Doyle, Chicago, Illinois, for W. Caffey Norman, III.
Edward S. Feig, Arent Fox PLLCG, New York, New York, Michael J. Maimone, Gordon, Fournaris & Mammarella, P.A., Wilmington, Delaware, Edmond D. Lyons, Jr., The Lyons Law Firm, Wilmington, Delaware, for Richard F. Reynolds.
United States District Court, S.D. New York.
OPINION & ORDER
COTE, District Judge.
This Document Relates to: ALL ACTIONS
This Opinion considers the fairness of settlements reached this year in the securities class action litigation arising from the collapse of telecommunications giant WorldCom, Inc. ("WorldCom"). These settlements include the series of settlements between the Lead Plaintiff and the seventeen Underwriter Defendants;1 and those between...
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