PORZIO v. OVERSEAS SHIPHOLDING GROUP

Nos. 12 Civ. 7948, 12 Civ. 8547, 12 Civ. 9363

ROBERT PORZIO, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. OVERSEAS SHIPHOLDING GROUP, et aI., Defendants. BRUCE MYATT, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. MORTEN ARNTZEN, et aI., Defendants. INDIANA TREASURER OF STATE, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. G. ALLEN ANDREAS III, et aI., Defendants.

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

February 1, 2013.


Attorney(s) appearing for the Case

Giti Baghban, Esq. , Lawrenceville, NJ, Gregory M. Nespole, Esq. , Malcolm T. Brown, Esq. , Lawrence P. Kolker, Esq. , Wolf Haldenstein Adler Freeman & Herz LLP, New York, NY, Jason M. Leviton, Esq. , Berman DeValerio Boston, MA, Jeffrey C. Block, Esq. , Block & Leviton LLP, New York, NY. Joseph P. Guglielmo, Esq. , Scott Scott, L.L.P., New York, NY, Steven P. Harte, Esq. , Jones Day New York, NY, for Plaintiff Robert Porzio.

Samuel H. Rudman, Esq. , David A. Rosenfeld, Esq. , Robbins Geller Rudman & Dowd LLP, Melville, NY, for Plaintiff Bruce Myatt and Indiana Treasurer of State.

Curtis Victor Trinko, Esq. , Law Offices of Curtis V. Trinko, LLP, New York, NY, for Movant Lee McClennahan.

Lawrence Paul Kolker, Esq. , Wolf Haldenstein Adler Freeman & Herz LLP, New York, NY, for Movant OSG Investor Group.

Phillip C. Kim, Esq. , The Rosen Law Firm P.A.. New York, NY, for Movant Overseas Investor Group.

Kenneth Mark Rehns, Esq. , Cohen Milstein Sellers & Toll P.L.L.C., New York, NY, for Movants Barrie Woolard and Steven Hyman.

Thomas James McKenna, Esq. , Gainey & McKenna, LLP, New York, NY, for Movant the Riley Group.

John Christopher Browne, Esq. , Bernstein Litowitz Berger & Grossmann LLP, New York, NY, for Movant Paul Otto Koether IRA Rollover.

David Avi Rosenfeld, Esq. , Robbins Geller Rudman & Dowd LLP, Melville, NY, for Movant the DSM Group.

For Movant Irving Firemen's Relief and Retirement Fund: PRO SE

Lewis J. Liman, Esq. , Elizabeth Vicens, Esq. , Cleary Gottlieb Steen & Hamilton, LLP, New York, NY, for Defendant Overseas Shipholding Group, Inc.

Scott B. Schreiber, Esq. , Craig A. Stewart, Esq. , Arnold & Porter, Washington, DC, for Defendant Morten Arntzen.

David H. Kistenbroker, Esq. , Joni S. Jacobsen, Esq. , Ashley J. Burden, Esq. , Dechert LLP, Chicago, IL, for Defendant Myles R. Itkin.


OPINION AND ORDER

SHIRA A. SCHEINDLIN, District Judge.

I. INTRODUCTION

Plaintiffs bring three related putative federal securities class actions ("the OSG Securities Actions") against Overseas Shipholding Group, Inc. ("OSG" or the "Company"),1 various officers thereof, underwriters, and auditors (together, "defendants"). Two of the actions are brought on behalf of purchasers of OSG common stock and allege violations...

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