Master Docket No. 04 MD 1653(LAK).

598 F.Supp.2d 569 (2009)

In re PARMALAT SECURITIES LITIGATION. This document relates to: 04 Civ. 0030(LAK), 04 Civ. 9771(LAK), 06 Civ. 2991(LAK).

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

February 25, 2009.

Attorney(s) appearing for the Case

John B. Quinn, Peter E. Calamari, R. Brian Timmons, Terry L. Wit, Adam S. Cashman, Quinn Emanuel Urquhart Oliver & Hedges, LLP, Allan B. Diamond, J. Gregory Taylor, J. Benjamin King, P. Jason Collins, Diamond McCarthy, LLP, Steven J. Toll, Lisa M. Mezzetti, Mark S. Willis, Julie Goldsmith Reiser, Joshua S. Devore, Cohen, Milstein, Hausfeld & Toll, P.L.L.C., Stuart M. Grant, James J. Sabella, John C. Kairis, Diane Zilka, Grant & Eisenhofer P.A., for Plaintiffs.

James L. Bernard, David M. Cheifetz, Jamie L. Wasserstrom, Stroock & Stroock & Lavan, LLP, for Defendant Grant Thornton International.

Bruce R. Braun, Linda T. Coberly, Winston & Strawn, LLP, for Defendant Grant Thornton LLP.


LEWIS A. KAPLAN, District Judge.

Parmalat Finanziaria, S.p.A., Parmalat S.p.A. and their affiliates (collectively, "Parmalat") collapsed upon the discovery of a massive fraud that reportedly involved the understatement of Parmalat's debt by nearly $10 billion and the overstatement of its net assets by $16.4 billion.1 Plaintiffs, purchasers of Parmalat securities, Dr. Enrico Bondi, the Italian-appointed representative...

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