IN RE OSG SECURITIES LITIGATION

No. 12 Civ. 7948(SAS).

62 F.Supp.3d 353 (2014)

In re OSG SECURITIES LITIGATION.

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

Signed November 28, 2014.


Attorney(s) appearing for the Case

Samuel H. Rudman, Esq. , David A. Rosenfeld, Esq. , Mark T. Millkey, Esq. , Christopher M. Barrett, Esq. , Robbins Geller Rudman & Dowd LLP, Melville, NY, for Lead Plaintiffs.

Miles N. Ruthberg, Esq. , Jamie L. Wine, Esq. , Kevin M. McDonough, Esq. , Latham & Watkins LLP, New York, NY, for Defendant PriceWaterhouseCoopers LLP.

Stanley J. Parzen, Esq. , Dana S. Douglas, Esq. , Mayer Brown LLP, Chicago, IL, for Defendant Ernst & Young.

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. , Neil A. Steiner, Esq. , Dechert LLP, Chicago, IL, for Defendant Myles R. Itkin.

Richard A. Rosen, Esq. , Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY, for Consolidated Defendants Alan R. Batkin, Thomas P. Coleman, Charles A. Fribourg, Stanley Komaroff, Solomon N. Merkin, Joel I. Picket, Ariel Recanati, Oudi Recanati, Thomas F. Robards, Jean-Paul Vettier, Michael J. Zimmerman.

Adam Selim Hakki, Esq. , Daniel Hector Rees Laguardia, Esq. , Stuart Jay Baskin, Esq. , Shearman & Sterling LLP, New York, NY, for Consolidated Defendants Citigroup Global Markets Inc, Deutsche Bank Securities Inc., Goldman, Sachs & Co., HSBC Securities (USA) Inc., ING Financial Markets, LLC, Morgan Stanley & Co., LLC (f/k/a Morgan Stanley & Co. Incorporated), DNB Markets, Inc. (f/k/a DnB NOR Markets, Inc.).


MEMORANDUM OPINION AND ORDER

I. INTRODUCTION

On October 20, 2014, plaintiffs moved for leave to file a fourth amended complaint.1 The purpose of the amendment is to add fraud claims against the auditor defendants — PriceWaterhouseCoopers ("PwC") and Ernst...

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