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IN RE ALSTOM SA SECURITIES LITIGATION

No. 03 Civ. 6595 (VM).

741 F.Supp.2d 469 (2010)

In re ALSTOM SA SECURITIES LITIGATION. This document relates to all actions.

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

September 14, 2010.

Attorney(s) appearing for the Case

Darren J. Robbins , Milberg Weiss Bershad Hynes & Lerach LLP, Mark Solomon , Valerie L. McLaughlin , Robbins Geller Rudman & Dowd LLP, Courtland W. Creekmore , Lerach, Coughlin, Stoia, Geller, Rudman & Robbins, L.L.P., San Diego, CA, Deborah Sturman , Eitan Misulovin , Gerald Harlan Silk , Victoria Odette Wilheim , Daniel Lawrence Berger , J. Erik Sandstedt , William Curtis Fredericks , Douglas M. McKeige , Jai Kamal Chandrasekhar , Bernstein, Litowitz, Berger & Grossmann, L.L.P., Jay W. Eisenhofer , Grant & Eisenhofer P.A., Sidney Stephen Liebesman , Graham, Miller, Neandross, Mullin & Roonan, L.L.C., Menachem E. Lifshitz , Bernstein Liebhard, LLP, Jeffrey Spinazzola , Andrei V. Rado , Milberg, Weiss, Bershad, Hynes & Lerach, L.L.P., New York, NY, Geoffrey Coyle Jarvis , John Charles Kairis , Alessandra Phillips , Jeffrey A. Almeida , Geoffrey Coyle Jarvis , Grant & Eisenhofer, PA, Wilmington, DE, Russell David Paul , Berger & Montague, P.C., Philadelphia, PA, William S. Lerach , Keker & Van Nest, San Francisco, CA, Mark W. Carbone , Carbone & Blaydes, PLLC, Charleston, WV, David Avi Rosenfeld , Samuel Howard Rudman , Robbins Geller Rudman & Dowd LLP(LI), Melville, NY, for Plaintiffs.

George Allan Davidson , Hughes Hubbard & Reed LLP, New York, NY, for Alstom SA, Pierre Bilger, Patrick Kron, Philippe Jaffre, U.S. Pension Funds, Alstom U.S.A., Inc., Alstom Transportation, Inc., Francois Newey, James Milner, William Purves, Klaus Esser.

Gregory M. Williams , Hughes Hubbard & Reed LLP, Washington, DC, for Alstom SA, Pierre Bilger, Patrick Kron, Philippe Jaffre, U.S. Pension Funds, Alstom U.S.A., Inc., Alstom Transportation, Inc., James Milner, William Purves, Klaus Esser.

Eli Zev Freedberg , Piliero Goldstein Kogan & Miller, LLP, Michael Campion Miller , Evan Glassman , Steptoe & Johnson, LLP, New York, NY, Lenor Marquis Segal , Ellis & Winters, LLP, Raleigh, NC, for Stephan Rembaud-Measson.

David H. Kistenbroker , Pamela Gregory Smith , Katten Muchin Rosenman LLP, Chicago, IL, Julie Pechersky , Katten Muchin Rosenman, LLP, New York, NY, for Jo Janovek.

Lea Haber Kuck , Robert Emanuel Zimet , Skadden, Arps, Slate, Meagher & Flom LLP(IIA), New York, NY, for Alcatel SA.

Anthony J. Albanese , Joseph S. Allerhand , Weil, Gotshal & Manges LLP, New York, NY, for Credit Suisse First Boston, Societe Generale, BNP Paribas, Credit Agricole Indosuez Lazard Capital Markets, Morgan Stanley Dean Witter.

DECISION AND ORDER

VICTOR MARRERO, District Judge.

On what can literally be called the eve of summary judgment, the parties present to the Court two issues more commonly addressed much earlier in litigation on a Fed.R.Civ.P. 12(b)(6) ("Rule 12(b)(6)") motion to dismiss. The first issue, raised by defendants, is whether the securities fraud claims of the putative class in this case, including purchasers...

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