In re Alstom Sa Securities Litigation
| Decision Date | 22 December 2005 |
| Docket Number | No. 03 Civ. 6595(VM).,03 Civ. 6595(VM). |
| Citation | 406 F.Supp.2d 346 |
| Parties | In re ALSTOM SA SECURITIES LITIGATION. This document relates to all actions. |
| Court | U.S. District Court — Southern District of New York |
Daniel Lawrence Berger, Bernstein, Litowitz, Berger & Grossmann, LLP, New York, NY, Darren J. Robbins, Milberg, Weiss, Bershad, Nynes & Lerach LLP (San Diego), San Diego, CA, Deborah Sturman, Eitan Misulovin, Bernstein, Litowitz, Berger & Grossmann, LLP, New York, NY, Geoffrey Jarvis, Grant & Eisenhofer, P.A., Wilmington, DE, Gerald Harlan Silk, Bernstein, Litowitz, Berger & Grossmann, LLP, New York, NY, Jay W. Eisenhofer, John C. Kairis, Russell D. Paul, Grant & Eisenhofer, PA, Wilmington, DE, Sidney Stephen Liebesman, Graham, Miller, Neandross, Mullin & Roonan, LLC, New York, NY, Valerie L. McLaughlin, Lerach, Coughlin, Stoia, Geller, Rudman & Robbins LLP, San Diego, CA, Victoria Odette Wilheim, Bernstein, Litowitz, Berger & Grossmann, LLP, New York, NY, William S. Lerach, Lerach, Coughlin, Stoia & Robbins, LLP, San Diego, CA, for Louisiana State Employees' Retirement System.
Daniel Lawrence Berger, Bernstein, Litowitz, Berger & Grossmann, LLP, New York, NY, Darren J. Robbins, Milberg, Weiss, Bershad, Nynes & Lerach LLP (San Diego), San Diego, CA, Deborah Sturman, Bernstein, Litowitz, Berger & Grossmann, LLP, New York, NY, Geoffrey Jarvis, Grant & Eisenhofer, P.A., Wilmington, DE, Gerald Harlan Silk, Bernstein, Litowitz, Berger & Grossmann, LLP, New York, NY, Jay W. Eisenhofer, John C. Kairis, Russell D. Paul, Grant & Eisenhofer, PA, Wilmington, DE, Sidney Stephen Liebesman, Graham, Miller, Neandross, Mullin & Roonan, LLC, New York, NY, Valerie L. McLaughlin, Lerach Coughlin, Stoia, Geller, Rudman & Robbins LLP, San Diego, CA, Victoria Odette Wilheim, Bernstein, Litowitz, Berger & Grossmann, LLP, New York, NY, William S. Lerach, Lerach, Coughlin, Stoia & Robbins, LLP, San Diego, CA, for State Universities Retirement System of Illinois, West Virginia Inv. Management Bd.
Daniel Lawrence Berger, Bernstein, Litowitz, Berger & Grossmann, LLP, New York, NY, Darren J. Robbins, Milberg, Weiss, Bershad, Nynes & Lerach LLP (San Diego), San Diego, CA, Deborah Sturman, Eitan Misulovin, Bernstein, Litowitz, Berger & Grossmann, LLP, New York, NY, Geoffrey Jarvis, Grant & Eisenhofer, P.A., Wilmington, DE, Gerald Harlan Silk, Bernstein, Litowitz, Berger & Grossmann, LLP, New York, NY, Jay W. Eisenhofer, John C. Kairis, Russell D. Paul, Grant & Eisenhofer, PA, Wilmington, DE, Sidney Stephen Liebesman, Graham, Miller, Neandross, Mullin & Roonan, LLC, New York, NY, Valerie L. McLaughlin, Lerach, Coughlin, Stoia, Geller, Rudman & Robbins LLP, San Diego, CA, William S. Lerach, Lerach, Coughlin, Stoia & Robbins, LLP, San Diego, CA, for International Broth. of Electrical Workers, Local 269.
Andrei V. Rado, Milberg, Weiss, Bershad, Hynes & Lerach, LLP, New York, NY, David AVI Rosenfeld, Lerach, Coughlin, Stoia, Geller, Rudman & Robbins, LLP (LIS), Melville, NY, Geoffrey Jarvis, Russell D. Paul, Grant & Eisenhofer, PA, Wilmington, DE, Samuel Howard Rudman, Lerach, Coughlin, Stoia, Geller, Rudman & Robbins, LLP (LIS), Melville, NY, William S. Lerach, Lerach, Coughlin, Stoia & Robbins, LLP, San Diego, CA, Daniel Lawrence Berger, Bernstein, Litowitz, Berger & Grossmann, LLP, New York, NY, Jay W. Eisenhofer, Grant & Eisenhofer, PA, Wilmington, DE, Sidney Stephen Liebesman, Graham, Miller, Neandross, Mullin & Roonan, LLC, New York, NY, for Michael Abramsky.
David AVI Rosenfeld, Samuel Howard Rudman, Lerach, Coughlin, Stoia, Geller, Rudman & Robbins, LLP (LIS), Melville, NY, for Michael Abramsky on behalf of others similarly situated.
George A. Davidson, Hughes Hubbard and Reed LLP, New York, NY, for Alston SA, Pierre Bilger, Patrick Kron, Philippe Jaffre.
DECISION AND ORDER
I
Lead plaintiffs in this class action, the State Universities Retirement System of Illinois ("SURS"), the San Diego City Employees' Retirement System ("San Diego ERS"), the Louisiana State Employees' Retirement System ("Louisiana ERS"), the West Virginia Investment Management Board ("West Virginia IMB"), and the International Brotherhood of Electrical Workers, Local 269 ("IBEW") (collectively, the "Lead Plaintiffs," as representatives for "Plaintiffs"),1 filed the Consolidated Amended Complaint for Violations of the Federal Securities Laws, dated June 18, 2004 (the "Complaint"), alleging violations of both the Securities Act of 1933, 15 U.S.C. § 77a et seq. (the "Securities Act"), and the Securities Exchange Act of 1934, 15 U.S.C. § 78a et seq. (the "Exchange Act"). On September 30, 2004, all defendants moved to dismiss the Complaint. Because of the breadth of issues raised in their various submissions, the Court considers defendants' motions in separate rulings. In this decision, to be referred to as "Alstom I," the Court addresses all motions contesting the jurisdiction of this Court to hear the dispute as to certain parties. In companion opinions to be issued separately, the Court adjudicates the defendants' remaining motions.
Defendants Alstom S.A. ("Alstom"), Alstom USA, Inc. ("Alstom USA"), Alstom Transportation Inc. ("ATI"), Alcatel,2 the Underwriter Defendant...
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