IN RE LIVENT, INC.

No. 98 Civ. 7161(VM).

360 F.Supp.2d 568 (2005)

In re LIVENT, INC. Noteholders Securities Litigation

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

March 8, 2005.


Attorney(s) appearing for the Case

Peter A. Binkow, Lionel Z. Glancy, Glancy & Binkow, LLP, Los Angeles, CA, Patrick V. Dahlstrom, Stanley Merrill Grossman, Pomerantz, Haudek, Block, Grossman & Gross, LLP, New York City, Donald R. Wager, for Dorian King.

James L. Burns, Bradley Jay Butwin, O'Sullivan, L.L.P., New York City, Jonathan Rosenberg, O'Melveny & Myers LLP, New York City, for Martin Goldfab.

William J. Connolly, James S. Dittmar, Hutchins, Wheeler & Dittmar, Boston, Ma, for James A. Pattison, Joseph L. Rotman, Scott Sperling, Thomas H. Lee.

Greg A. Danilow, Stephen Alan Radin, Weil, Gotschal & Manges, L.L.P., New York City, Sofia Giatrakos, Citigroup, New York City, for H. Garfield Emerson.

James S. Dittmar, Hutchins, Wheeler & Dittmer, Boston, MA, Sanford F. Remz, Yurko & Salvesen, P.C., Boston, MA, for Joseph L. Rotman.

Daniel P. Gold, Leslie J. Harris, Proskauer Rose, LLP, New York City, for Daniel D. Brambilla.

Don Brian Hufford, Pomerantz, Haudek, Block, Grissom & Gross, LLP, New York City, Eric M. Roth, Wachtell, Lipton, Rosen & Katz, New York City, for A. Alfred Taubman.

Ronald A. Nimkoff, Harvey B. Silikovitz, Nimkoff Rosenfeld & Schecter, LLP, New York City, Harvey L. Pitt, Fried, Frank, Harris, Shriver & Jacobson, New York City, for Garth H. Drabinsky.

Lee S. Richards, III, Richards, Spears, Kibbe & Orbe, New York City, for Myron I. Gottlieb.


DECISION AND ORDER

MARRERO, District Judge.

Lead Plaintiffs Dorian and Diane King ("Plaintiffs"), on behalf of themselves and a class of investors who purchased some of the $125 million in 9 3/8% Senior Unsecured Notes Due 2004 ("the Notes") issued by Livent, Inc. ("Livent"), moved for summary judgment on their claims under Section 11 of the Securities Act, 15 U.S.C. § 77k, against Garth Drabinsky ("Drabinsky") and Myron Gottlieb ("Gottlieb"...

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