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NEW JERSEY & ITS DIVISION OF INVESTMENT v. SPRINT

Case No. 03-2071-JWL.

758 F.Supp.2d 1186 (2010)

State of NEW JERSEY AND ITS DIVISION OF INVESTMENT, Plaintiff, v. SPRINT CORPORATION; William T. Esrey; Ronald T. LeMay; Harold S. Hook; Charles E. Rice; Louis W. Smith; Linda Koch Lorimer; Stewart Turley; DuBose Ausley; Warren L. Batts; Irvine O. Hockaday, Jr.; Arthur Krause; and J.P. Meyer, Defendants.

United States District Court, D. Kansas.

December 17, 2010.

Attorney(s) appearing for the Case

Allyn Z. Lite , Ann M. Dooley , Bruce D. Greenberg , Joseph J. DePalma , Katrina Carroll , Mary Jean Pizza , Lite DePalma Greenberg, LLC, Newark, NJ, Christopher L. Nelson , Gregory M. Castaldo , Jacob A. Goldberg , Karen E. Reilly , Michelle M. Newcomer , Sean M. Handler , Stephen E. Connolly , Barroway Topaz Kessler Meltzer & Check, LLP, Radnor, PA, Linda C. McFee , Thomas R. Buchanan McDowell , Rice, Smith & Buchanan, PC, Kansas City, MO, for Plaintiff.

Bryan Turner White , Jeremy M. Suhr , Lawrence A. Rouse , Rouse Hendricks German May, PC, Chad C. Beaver , Mark A. Thornhill , Spencer Fane Britt & Browne LLP, Kansas City, MO, James M. Webster, III , Kenneth M. Fetterman , Kevin J. Miller , Mark C. Hansen , Michael N. Nemelka , Christopher J. Walker , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC, Washington, DC, David N. Greenwald , Francis P. Barron , Michael A. Paskin , Ronald S. Rolfe , Cravath, Swaine & Moore LLP, New York, NY, for Defendants.

MEMORANDUM & ORDER

JOHN W. LUNGSTRUM, District Judge.

Plaintiff filed this proposed securities fraud class action suit on behalf of persons who purchased or acquired Sprint common stock on the open market from March 1, 2001 through January 29, 2003 (the "Class Period"). In its second amended complaint, which is subject to the heightened pleading standards of the Private Securities Litigation Reform Act of 1995 (PSLRA), 15 U.S.C. § 78u-4,...

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