IN RE RHODIA S.A. SECURITIES LITIGATION

MDL No. 1714. Civil Action No. 1:05 Civ. 5389(DAB).

531 F.Supp.2d 527 (2007)

In re RHODIA. S.A. SECURITIES LITIGATION. This Document Relates To: All Securities Actions.

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

September 26, 2007.


Attorney(s) appearing for the Case

Gary Steven Graifman, Kantrowitz Goldhamer & Graifman, P.C. Chestnut Ridge, NY, for Bernard Cerles, plaintiff.

Christopher S. Polaszek, Kirk E. Chapman, Steven G. Schulman, Milberg Weiss Bershad & Schulman LLP (NYC), New York, NY, Stuart J. Guber, Motley Rice, LLC(GA), Atlanta, GA, William H. Narwold, Motley Rice LLC (CT), Hartford, CT, for Oppenheim Pramercia Asset Management S.A.R.L., plaintiff.

Hector Rodriguez Martinez, Stanley Scott Mallison, Law Offices of Mallison Martinez, Lafayette, CA, Jeffrey Paul Fink, Robbins Umeda & Fink, LLP, San Diego, CA, Richard P. Galler, Kleeblatt, Galler, Abramson & Zakim, Hackensack, NJ, for Jose Jimenez, plaintiff.

Richard P. Galler, Kleeblatt, Galler, Abramson & Zakim, Hackensack, NJ, Jeffrey Paul Fink, Robbins Umeda & Fink, LLP, San Diego, CA, for Pam Skeeter, plaintiff.

Charles Clark Jackson, Deborah Shannon Davidson, Morgan, Lewis & Bockius LLP (Chicago), Chicago, IL, Christopher Alan Weals, Morgan, Lewis and Bockius, LLP (DC), Washington, DC, Jill Barbarino, Melissa C. Rodriguez, Morgan, Lewis & Bockius LLP (NEW YORK), New York, NY, John Thomas McDonald, Morgan, Lewis & Bockius, Princeton, NJ, for Rhodia, Inc., defendant.

Patrick Louis Rocco, Shalov Stone & Bonner LLP, Morristown, NJ, Stuart J. Guber, Motley Rice, LLC(GA), Atlanta, GA, William H. Narwold, Motley Rice LLC (CT), Hartford, CT, for Activest, OPAM, movants.

Peter S. Pearlman, Cohn, Lifland, Pearlman, Herrmann & Knopf, LLP, Saddle Brook, NJ, for Rhodia Lead Plaintiff Group, movant.


MEMORANDUM & ORDER

DEBORAH A. BATTS, District Judge.

Plaintiffs are a putative class of investors who held securities of Defendant Rhodia, S.A. ("Rhodia") between April 26, 2001 and March 23, 2004. The lead Plaintiffs are foreign corporations. They allege that Rhodia and the other Defendants fraudulently inflated Rhodia's worth to the investing public. Plaintiffs have brought their claims pursuant to Section 10(b) of the Securities and Exchange...

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