IN RE WILLIAMS SECURITIES LITIGATION

Nos. 02-cv-072-SPF-FHM, 02-cv-077-SPF-FHM, 02-cv-078-SPF-FHM, 02-cv-080-SPF-FHM, 02-cv-081-SPF-FHM, 02-cv-083-SPF-FHM, 02-cv-093-SPF-FHM, 02-cv-095-SPF-FHM, 02-cv-097-SPF-FHM, 02-cv-107-SPF-FHM, 02-cv-113-SPF-FHM, 02-cv-120-SPF-FHM, 02-cv-124-SPF-FHM, 02-cv-130-SPF-FHM, 02-cv-132-SPF-FHM, 02-cv-135-SPF-FHM, 02-cv-139-SPF-FHM, 02-cv-161-SPF-FHM, 02-cv-162-SPF-FHM, 02-cv-184-SPF-FHM, 02-cv-189-SPF-FHM, 02-cv-190-SPF-FHM, 02-cv-204-SPF-FHM, 02-cv-205-SPF-FHM, 02-cv-206-SPF-FHM, 02-cv-218-SPF-FHM, 02-cv-231-SPF-FHM, 02-cv-235-SPF-FHM, 02-cv-303-SPF-FHM 02-cv-319-SPF-FHM.

496 F.Supp.2d 1195 (2007)

In re WILLIAMS SECURITIES LITIGATION. This Document Pertains To: WCG Subclass.

United States District Court, N.D. Oklahoma.

July 6, 2007.


Attorney(s) appearing for the Case

Behram Viraf Parekh, Yourman Alexander & Parekh, Leigh A. Parker, Weiss & Yourman, Brian Barry, Jill Levine, Brian Barry Law Office, Los Angeles, CA, Dael Cohen, Jared Specthrie, Joshua H. Vinik, Kent A. Bronson, Matthew A. Kupillas, Samuel H. Rudman, U. Seth Ottensoser, Jared Specthrie, Milberg Weiss LLP, Emily C. Komlossy, Lynda J. Grant, Labaton Sucharow & Rudoff LLP, Eric James Belfi, Marvin Lawrence Frank, Murray Frank & Sailer LLP, Fred Taylor Isquith, Gregory Mark Nespole, Jeffrey G. Smith, Michael Jaffe, Wolf Haldenstein Adler Freeman & Herz, Samuel Kenneth Rosen, Harwood Feffer LLP, New York City, James Rouse Hicks, Ronald Joseph Saffa, Morrel Saffa Craige Hicks Barnhart & Brunton, William Walker O'Connor, Norman Wohlgemuth Chandler & Dowdell, Gerald Joseph Lovoi, Tulsa, OK, Cari Campen Laufenberg, Laurie Bernice Ashton, Keller Rohrback LLP, Phoenix, AZ, George Patrick O'Hara, Sr, Whitten Nelson McGuire Terry & Roselius, Oklahoma City, OK, Michael I. Behn, Behn & Wyetzner Chartered, William Woods Thomas, Futterman & Howard Chtd., Chicago, IL, Andrew Michael Schatz, Schatz & Nobel PC, Hartford, CT, John G. Emerson, Jr., Emerson Poynter LLP, Little Rock, AR, David B. Kahn, David B. Kahn & Associates Ltd, Northfield, IL, Jerold B. Hoffman, Hoffman & Edelson LLC, Doylestown, PA, Michael Burrage, Burrage Law Firm, Durant, OK, for Plaintiffs.

Jeremy J. Brandon, John Turner, Jonathan Bridges, William C. Carmody, Susman Godfrey LLP, Dallas, TX, for Plaintiffs/Movants.

Charles Robert Burton, IV, R. Thomas Seymour, Seymour Law Firm, Tulsa, OK, for Plaintiffs/Intervenor Plaintiff/Movants.

Samuel Philips Sporn, Schoengold Sporn Laitmain & Lometti PC, New York City, for Intervenor Plaintiff/Movants.

Alex Anton Goldberg, Williams Companies Inc, Graydon Dean Luthey, Jr., Stephanie Ann Horton, Sarah Jane Gillett, Hall Estill Hardwick Gable Golden & Nelson, Gerald Lee Jackson, James L. Kincaid, Michael James Gibbens, Victor Eric Morgan, Christopher Benton Woods, Susan E. Huntsman, Michael Robert Pacewicz, Crowe & Dunlevy, Frederic Dorwart, John Daniel Clayman, Fred Dorwart Lawyers, Tulsa, OK, Darren L. McCarty, Crews Shepherd & McCarty LLP, Ralph I. Miller, Vance L. Beagles, Yolanda Cornejo Garcia, Weil Gotshal & Manges LLP, Dallas, TX, Ethan D. Dettmer, Gibson Dunn & Crutcher, Peter Allen Wald, Latham & Watkins LLP, San Francisco, CA, Joseph Peter Busch, III, Meryl L. Young, Wayne W. Smith, Gibson Dunn & Crutcher LLP, Irvine, CA, Sally J. Berens, Timothy K. Roake, Gibson Dunn & Crutcher LLP, Palo Alto, CA, Patrick Michael Ryan, Phillip Gardner Whaley, Grant M. Lucky, Ryan Whaley Coldiron and Shandy PC, Mary H. (Molly) Tolbert, Charles B. Goodwin, Mack Jay Morgan, III, Crowe & Dunlevy, Timothy James Bomhoff, McAfee & Taft, Brooks Allen Richardson, Jay Patrick Walters, Warren Franklin Bickford, IV, John Barnes Heatly, Fellers Snider Blankenship Bailey & Tippens, Oklahoma City, OK, Charles W. Cox, Ethan J. Brown, Jamie Lynne Wine, Jill M. Ray, Miles N. Ruthberg, Latham & Watkins, Los Angeles, CA, Christopher Harris, Robert J. Malionek, Latham & Watkins, Israel Dahan, Jonathan M. Hoff, Cadwalader Wickersham & Taft, New York City, Paul V. Konovalov, Latham & Watkins, Costa Mesa, CA, for Defendants.

Sheila Miller Bradley, Tony Michael Graham, Graham & Freeman PLLC, Tulsa, OK, for Intervenor.

Scott Alan Graham, Seymour Law Firm, Charles Greenough, Reuben Davis, Boone Smith Davis Hurst & Dickman, Scott Anthony Troy, Tulsa, OK, Stuart L. Berman, Schiffrin & Barroway LLP, Radnor, PA, William Bernard Federman, Federman & Sherwood, Joe Earl Edwards, Joel W. Harmon, Thomas Pitchlynn Howell, IV, Day Edwards Propester & Christensen, John E. Barbush, PC, Oklahoma City, OK, Michael T. Fantini, Berger & Montague PC, Philadelphia, PA, Gregory J. Myers, Lockridge Grindal Nauen PLLP, Minneapolis, MN, Edward Frank Siegel, Siegel & Associates, Cleveland, OH, for Movants.


MEMORANDUM OPINION AND ORDER

FRIOT, District Judge.

                                  Table of Contents
  I.  Introduction ......................................................................1201
      A.  Preliminary matters ...........................................................1201
      B.  The Daubert and summary judgment record .......................................1204

 II.  Factual Background ................................

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