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IN RE WORLDCOM

United States District Court, S.D. New York


May 4, 2004.

IN RE WORLDCOM, INC. SECURITIES LITIGATION, This Document Relates to: ALL ACTIONS

The opinion of the court was delivered by: DENISE COTE, District Judge

ORDER

On May 4, 2004, the Underwriter Defendants requested an extension of the time provided in the Court's May 3, 2004 Order in which to notify Lead Plaintiff that they do not intend to rely on the advice of counsel defense. For the reasons stated on the record at a telephone conference held on May 4, it is hereby

ORDERED that the Underwriter Defendants' request is granted.

  IT IS FURTHER ORDERED that the Underwriter Defendants and SSB Defendants have until May 7, at 5:00 p.m. to inform Lead Plaintiff in writing, explicitly and unambiguously, that they do not intend to rely on the advice of counsel defense.

  IT IS FURTHER ORDERED that in the event such notice is not given, Lead Plaintiff may redepose any witness who failed on April 30, or May 3 through May 7, to respond completely to the questions permitted by the Court's May 3 Order. Such additional deposition time shall not be deducted from the time the plaintiffs in the Securities Litigation have been allotted for depositions.

  SO ORDERED.

20040504

© 1992-2004 VersusLaw Inc.



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