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IN RE BISYS GROUP INC. DERIVATIVE ACTION

No. 04 CIV. 4600(LAK).

396 F.Supp.2d 463 (2005)

In re BISYS GROUP INC. DERIVATIVE ACTION. This document relates to: All Cases.

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

October 31, 2005.

Attorney(s) appearing for the Case

Antonio Vozzolo, Beth Ann Keller, Nadeem Faruqi, Faruqi & Faruqi, LLP, New York City, Marc M. Umeda, Robbins, Umeda & Fink, LLP, San Diego, CA, for Plaintiff.

Thomas J. Kavaler, Cahill, Gordon & Reindel LLP, Elizabeth Anne Hellmann, Skaddden, Arps, Slate, Meagher & Flom LLP (N.Y.C), New York City, for Defendants.

MEMORANDUM AND ORDER

KAPLAN, District Judge.

On August 10, 2004, The BISYS Group, Inc. restated its financial results for the fiscal years 2001 through 2003 and the first two quarters of 2004. Predictably, this led to the filing of class actions and these derivative suits.1 Plaintiffs here sue derivatively on behalf of BISYS for alleged violation of Section 304 of the Sarbanes-Oxley...

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