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IN RE PXRE GROUP, LTD., SECURITIES LITIGATION

No. 06 Civ. 3410 (RJS).

600 F.Supp.2d 510 (2009)

In re PXRE GROUP, LTD., SECURITIES LITIGATION.

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

March 4, 2009.

Attorney(s) appearing for the Case

Jeremy Alan Lieberman and Marc Ian Gross, Pomerantz Haudek Block Grossman & Gross LLP, New York, NY, for Plaintiff Chad S. Condra.

Bruce Domenick Angiolillo, John Cummings Anderson, and Jonathan K. Youngwood, Simpson Thacher & Bartlett LLP, New York, NY, for Defendant PXRE Group Ltd.

David Spencer Karp, Debevoise & Plimpton LLP, New York, NY, and Jonathan Rosser Tuttle, Debevoise & Plimpton LLP, Washington, DC, for Defendant Jeffrey L. Radke.

Justin Matthew Garbaccio and M. William Munno, Seward & Kissel LLP, New York, NY, for Defendant John M. Modin.

Brad Scott Karp and Jonathan Hillel Hurwitz, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY, for Defendant Guy Hengesbaugh.

OPINION AND ORDER

RICHARD J. SULLIVAN, District Judge:

Lead Plaintiff Chad S. Condra ("Plaintiff") brings this putative class action lawsuit against Defendants PXRE Group, Ltd. ("PXRE" or the "Company"), a Bermuda reinsurance corporation, and three of its officers, Jeffrey L. Radke ("Radke"), John M. Modin ("Modin"), and Guy Hengesbaugh ("Hengesbaugh").1 Plaintiff alleges that Defendants...

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