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IN RE WORLDCOM

United States District Court, S.D. New York


June 28, 2004.

IN RE WORLDCOM, INC. SECURITIES LITIGATION. This Document Relates to: RON G. CRANE, State Treasurer, and the STATE OF IDAHO, Plaintiffs,
v.
BERNARD J. EBBERS, et al., Defendants.

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

ORDER

On June 16, 2004, the Underwriter Defendants, the SSB Defendants, and Arthur Andersen LLP moved to dismiss with prejudice certain claims in the above-captioned Individual Action based on the November 21, 2003 and January 20, 2004 Opinions in the Securities Litigation. See In re WorldCom, Inc. Sec. Litig., 294 F. Supp.2d 431 (S.D.N.Y. 2003); In re WorldCom, Inc. Sec. Litig., 308 F. Supp.2d 214 (S.D.N.Y.). In particular, defendants moved to dismiss plaintiffs' claims based on the 1998 bond offering and the December 2000 private placement.

Plaintiffs were required to, but have not shown, why the two prior Opinions in the Securities Litigation do not require defendants' motion to be granted. Plaintiffs concede that these claims fall directly within the scope of the November 21 and January 20 Opinions, and merely seek to preserve their appellate rights. Accordingly, it is hereby

  ORDERED that the defendants' motion to dismiss with prejudice plaintiffs' claims based on the 1998 bond offering and the December 2000 private placement is granted.

  SO ORDERED.

20040628

© 1992-2004 VersusLaw Inc.



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