United States District Court, S.D. New York
June 25, 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
Having considered the letters of June 17, 22, 23 and 24, 2004
regarding the fifteen due diligence witnesses identified by the
Underwriter Defendants on June 14, 2004, and understanding that
two of the fifteen witnesses have been deposed, it is hereby
ORDERED that, with the consent of the Underwriter Defendants,
the plaintiffs may depose the remaining thirteen witnesses after
July 9, the date on which fact discovery in the Securities
Litigation is scheduled to close, in the event that the
Underwriter Defendants rely on evidence from these thirteen
witnesses in connection with summary judgment motions or at
IT IS FURTHER ORDERED such depositions will be in addition to
the sixty days of depositions allotted to the plaintiffs in the
Securities Litigation. The parties shall meet and confer
regarding the amount of time for these additional depositions.
IT IS FURTHER ORDERED that the Underwriter Defendants must
advise the plaintiffs by July 16 of their intent to rely on
evidence from these thirteen witnesses in connection with the
litigation of any summary judgment motions. IT IS FURTHER ORDERED that the Underwriter Defendants must
advise the plaintiffs by September 17 of their intent to rely on
evidence from these thirteen witnesses at trial.
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