IN RE WORLDCOM, INC. SECURITIES LITIGATION

02 Civ. 3288(DLC).

352 F.Supp.2d 472 (2005)

In re WORLDCOM, INC. SECURITIES LITIGATION.

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

January 18, 2005.


Attorney(s) appearing for the Case

Max W. Berger, John P. Coffey, Steven B. Singer, Chad Johnson, Beata Gocyk-Farber, John C. Browne, Jennifer L. Edlind, David R. Hassel, Bernstein Litowitz Berger & Grossman LLP, New York City, Leonard Barrack, Gerald J. Rodos, Jeffrey W. Golan, Mark R. Rosen, Jeffrey A. Barrack, Pearlette V. Toussant, Barrack, Rodos & Bacine, Philadelphia, PA, for Lead Plaintiff in the Securities Litigation.

Eliot Lauer, Michael Moscato, Michael Hanin, Daniel Marcus, Aviva Wein, Curtis, Mallet-Prevost, Colt & Mosle LLP, New York City, for Defendant Arthur Andersen LLP.


OPINION AND ORDER

COTE, District Judge.

On March 24, 2000, Arthur Andersen LLP ("Andersen") certified that the financial statements of WorldCom, Inc. ("WorldCom") "present fairly, in all material respects, the financial position of WorldCom, Inc. and subsidiaries as of December 31, 1999." It made parallel certifications on March 30, 2001, and March 7, 2002, for the WorldCom financial statements for fiscal years 2000 and 2001. Because of these certifications...

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