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IN RE RADIAN SECURITIES LITIGATION

Civil Action No. 07-3375.

612 F.Supp.2d 594 (2009)

In re RADIAN SECURITIES LITIGATION. This document relates to: All Actions.

United States District Court, E.D. Pennsylvania.

April 9, 2009.

Attorney(s) appearing for the Case

David A. Rosenfeld, Coughlin Stoia Geller Rudman & Robbins LLP, Melville, NY, Deborah R. Gross, Robert P. Frutkin, Law Offices Bernard M. Gross P.C., Philadelphia, PA, for Plaintiff, John Cortese Individually and on behalf of all others similarly situated.

Leslie J. Abrams, Richard Louis Brusca, Skadden, Arps, Slate, Meagher and Flom, LLP, Washington, DC, David Smith, Theresa E. Loscalzo, Schnader Harrison Segal and Lewis L.L.P., Philadelphia, PA, for Defendants, Radian Group Inc., S. A. Ibrahim, C. Robert Quint.

MEMORANDUM AND ORDER

McLAUGHLIN, District Judge.

In this consolidated class action, the plaintiffs allege that the defendants, Radian Group, Inc. ("Radian"), Sanford A. Ibrahim, C. Robert Quint, and Mark A. Casale, committed securities fraud in violation of sections 10(b) and 20(a) of the Securities Exchange Act of 1934 ("Exchange Act"), and Securities and Exchange Commission ("SEC") Rule 10b-5, 17 C.F.R. § 240.10b-5. The action is brought

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