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LASALA v. NEEDHAM & CO., INC.

No. 04 Civ. 9237(SAS).

399 F.Supp.2d 466 (2005)

Joseph P. LASALA, as assignee of Fatbrain.com, Inc., Plaintiff, v. NEEDHAM & COMPANY, INC., J.P. Morgan Securities, Inc., and Morgan Stanley, Defendants.

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

October 11, 2005.

Attorney(s) appearing for the Case

Frederick Taylor Isquith, Daniel W. Krasner, Alexander H. Schmidt, Wolf Haldenstein Adler Freeman & Herz LLP, New York, NY, for Plaintiff.

Sarah Schrank Gold, Proskauer Rose LLP, New York, NY, for Defendant Needham & Company.

Joseph Michael McLaughlin, Simpson Thacher & Bartlett LLP, New York, NY, for Defendant J.P. Morgan Securities, Inc.

Brant W. Bishop, Andrew B. Clubok, Steven A. Engel, Kirkland and Ellis LLP, Washington, DC, for Defendant Morgan Stanley.

OPINION AND ORDER

SCHEINDLIN, District Judge.

I. BACKGROUND

A. Prior Proceedings

In an Opinion and Order dated August 30, 2005 ("August 30 Opinion"), I stayed this action until resolution of a pending partial settlement between the class of plaintiff investors and the issuer defendants ("Issuers") in the hundreds of coordinated SECURITIES ACTIONS KNOWN AS In re Initial Public Offering Securities Litigation...

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