IN RE TOP TANKERS, INC. SCURITIES LITIGATION

No. 06 Civ. 13761(CM).

528 F.Supp.2d 408 (2007)

In re TOP TANKERS, INC. SCURITIES LITIGATION.

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

December 18, 2007.


Attorney(s) appearing for the Case

Benjamin J. Sweet, Jennifer L. Keeney, Mark S. Danek, Schiffrin, Barroway, Topaz, & Kessler, LLP Radnor, PA, Christopher J. Keller, Ira A. Schochet, Joel H. Bernstein, Shelley Thompson, Labaton Sucharow, LLP, New York, NY, Lewis Stephen Kahn, Kahn, Gauthier Law Group, L.L.C., New Orleans, LA, for Joseph A. Deshayes, Jr., plaintiff.

Antonio Vozzolo, Nadeem Faruqi, Faruqi & Faruqi, LLP, New York, NY, Kim Elaine Miller, Michael Andrew Swick, Kahn Gauthier Swick, LLC, New York, NY, Lewis Stephen Kahn, Kahn, Gauthier Law Group, L.L.C., New Orleans, LA, Mark C. Gardy, Gardy & Notis, LLP, Englewood Cliffs, NJ, Ira A. Schochet, Joel H. Bernstein, Shelley Thompson, Labaton Sucharow, LLP, New York, NY, for Narain Bhojwani, plaintiff.

Ira A. Schochet, Joel H. Bernstein, Shelley Thompson, Labaton Sucharow, LLP, New York, NY, for Carlos Atik, Steven I. Lipshutz, Waifong Lee, Evelyn Carter, Stuart Bass, Herta Benesch, John Benesch, Edward Fritsche, Ralph H. Staunton, John E. Drury, Obaid Ahmad, Richard Weller, Wahid Abouelhiga, plaintiffs.

Bruce G. Paulsen, Seward & Kissel LLP, New York, NY, Justina Louise Geraci, Michael G. Bongiorno, Wilmer Cutler Pickering Hale & Dorr L.L.P. Washington, DC, for Evangelos J. Pistiolis, Stamatios N. Tsantanis, Top Tankers, Inc., defendants.

Catherine A. Torell, Cohen, Milstein, Hausfeld & Toll, P.L.L.C., New York, NY, Lewis Stephen Kahn, Kahn, Gauthier Law Group, L.L.C., New Orleans, LA, for William E. Powell, Betty C. Gaw, Remo C. Cuniberti, C.J. Crawley, Doug Corner, movants.

Ira M. Press, Kirby McInerney LLP, New York, NY, Lewis Stephen Kahn, Kahn, Gauthier Law Group, L.L.C., New Orleans, LA, for Robert B. Howard, Charles Balascio, John T. Hickey, Terry L. Spencer, Ellen J. Feldman, movants.

Lewis Stephen Kahn, Kahn, Gauthier Law Group, L.L.C., New Orleans, LA, Lori Gwen Feldman, Milberg Weiss Bershad & Schulman LLP (NYC), New York, NY, for Top Tankers Investors Group, movant.

Mario Alba, Jr, Coughlin, Stola, Geller, Rudman & Robbins, LLP(LIS), Melville, NY, Lewis Stephen Kahn, Kahn, Gauthier Law Group, L.L.C., New Orleans, LA, for Jerry Burns, movant.

David R. Scott, Scott & Scott, LLC(CT), Colchester, CT, Lewis Stephen Kahn, Kahn, Gauthier Law Group, L.L.C., New Orleans, LA, for Breck Jones, movant.

Kim Elaine Miller, Kahn Gauthier Swick, LLC, New York, NY, Lewis Stephen Kahn, Kahn, Gauthier. Law Group, L.L.C., New Orleans, LA, for Bryant Holdings, LLC Shareholder, movant.


DECISION AND ORDER DENYING DEFENDANTS' MOTION TO DIMISS THE CORRECTED AND AMENDED CONSOLIDATED CLASS ACTION COMPLAINT

McMAHON, District Judge.

Before the Court is defendants' motion to dismiss the "corrected and "amended" consolidated complaint in this securities fraud class action lawsuit. For the reasons set forth below, the motion is denied.

Proceedings Prior to the Filing of the Challenged Pleading

This consolidated action...

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