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HENIK EX REL. LABRANCHE & CO., INC. v. LABRANCHE

Nos. 05 CIV. 1087(RWS), 05 CIV. 3165(RWS).

433 F.Supp.2d 372 (2006)

Diane HENIK, derivatively on behalf of Nominal Defendant LABRANCHE & CO., INC., Plaintiff, v. Michael LABRANCHE, et al., Defendant. and LaBranche & Co., Inc., Nominal Defendant. Guy C. Lewis, Jr., derivatively on behalf of Nominal Defendant LaBranche & Co., Inc., Plaintiff, v. Michael LaBranche, et al., Defendants, and LaBranche & Co., Inc., Nominal Defendant.

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

June 6, 2006.

Attorney(s) appearing for the Case

Faruqi & Faruqi by Nadeem Faruqi, Esq., David H. Leventhal, Esq., Beth A. Keller, Esq., New York City, for Plaintiffs.

Weil, Gotshal & Manges by Irwin H. Warren, Esq., Stephen A. Radin, Esq., Joanna Varon, Esq., New York City, for Defendants.

OPINION

SWEET, District Judge.

Nominal Defendant LaBranche & Co Inc. ("LaBranche") and Individual Defendants William J. Burke, III ("Burke"), Thomas E. Dooley ("Dooley"), James G. Gallagher ("Gallagher"), David A. George ("George"), Alfred O. Hayward, Jr. ("Hayward"), Donald E. Kiernan ("Kiernan"), George M.L. LaBranche, IV ("M.L.La Branche"), Robert M. Murphy ("Murphy"), S. Lawrence Prendergast...

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