IN RE ELAN SECURITIES LITIGATION

No. 02 Civ. 0865(RMB).

385 F.Supp.2d 363 (2005)

In re ELAN SECURITIES LITIGATION.

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

April 20, 2005.


Attorney(s) appearing for the Case

Daniel R. Karon, Einstein, Kitchenoff, Scarlato, Karon & Goldman, Ltd., Cleveland, OH, Frederick Taylor Isquith, Sr, Gregory M. Nespole, Adler, Freeman & Herz, L.L.P., New York, NY, Gustavo Bruckner, Wolf Haldenstein Adler Freeman & Herz LLP, New York, NY, Marc Ian Gross, Pomerantz Haudek Block Grossman & Gross LLP, New York, NY, for Barry Pinkowitz.

Laura M. Perrone, Law Offices Of Laura M. Perrone, P.L.L.C., New York, NY, Marc Ian Gross, Pomerantz Haudek Block Grossman & Gross LLP, New York, NY, for Jerry Krim.

Marc Ian Gross, Pomerantz Haudek Block Grossman & Gross LLP, New York, NY, for Wiliam T. Seufert.

Mitchell Alan Karlan, Gibson, Dunn & Crutcher LLP, New York, NY, Neil L. Selinger, Richard Bemporad, Lowey, Dannenberg, Bemporad & Selinger, P.C., White Plains, NY, for Elan Corporation, PLC, Donald Geaney, Thomas Lynch, Shane Cooke, KPMG LLP, William Daniel, William Browning.

Neil L. Selinger, Richard Bemporad, Lowey, Dannenberg, Bemporad & Selinger, P.C., White Plains, NY, for Christopher Tighe.

Frederic Scott Fox, Kaplan, Fox & Kilsheimer, LLP, New York, NY, for Gregory Van Kipnis.

Jules Brody, Stull Stull & Brody, New York, NY, for the Schutt.

Frederic Scott Fox, Kaplan, Fox & Kilsheimer, L.L.P., New York, NY, for S & T Investment Co., City of Monroe Employees' Retirement System, Dr. Norman Lefkowitz.

Frederick Taylor Isquith, Sr, Gregory Mark Nespole, Wolf, Haldenstein, Adler, Freeman & Herz, L.L.P., New York, NY, for Fox Asset Management.

Charles D. Chalmers, MILL VALLEY, CA, for Doyle Barnes.


DECISION AND ORDER

BERMAN, District Judge.

I. Introduction

This consolidated securities law action was initiated on February 4, 2002 by a putative class of plaintiffs ("Plaintiffs," "Class," or "Class Members") who purchased the common stock of Elan Corporation ("Elan"), an Irish pharmaceutical company, in the open market or as the result of merger(s). On January 24, 2003, Plaintiffs...

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