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BOARD OF TRUSTEES OF FT. LAUDERDALE v. MECHEL OAO

No. 09 Civ. 3617(RJS).

811 F.Supp.2d 853 (2011)

BOARD OF TRUSTEES OF the CITY of FT. LAUDERDALE GENERAL EMPLOYEES' RETIREMENT SYSTEM, et al., Plaintiffs, v. MECHEL OAO, et al., Defendants.

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

August 9, 2011.

Attorney(s) appearing for the Case

John J. Rice and Shannon M. Matera , Robbins Geller Rudman & Dowd LLP (San Diego), San Diego, CA, Jeffrey Simon Abraham , Mitchell M.Z. Twersky , and Ximena R. Skovron , Abraham Fruchter & Twersky LLP, New York, NY, for Plaintiffs.

Aaron Michael Tidman and Jeffrey S. Jacobson , Debevoise & Plimpton, LLP (N.Y.C), New York, NY, for Defendant Mechel.

OPINION AND ORDER

RICHARD J. SULLIVAN, District Judge:

Lead Plaintiffs bring this putative securities class action against Defendants Mechel OAO ("Mechel" or the "Company"), a Russian mining and metals company, and three of its officers, alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act"), and Rule 10b-5, promulgated thereunder.

Before the Court is Mechel's motion to dismiss pursuant to Federal...

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