United States District Court, S.D. New York
April 25, 2005.
IN RE WORLDCOM, INC. SECURITIES LITIGATION. This Document Relates to: ALL ACTIONS.
The opinion of the court was delivered by: DENISE COTE, District Judge
The Lead Plaintiff for the class in the Securities Litigation
and Arthur Andersen LLP ("Andersen") have executed a settlement
agreement that would resolve the issues currently being tried
before the Court. Because the trial is in its fifth week, it is
ORDERED that an expedited preliminary approval hearing on
Andersen's settlement of the class action will be held at 9 a.m.
on April 26, 2005, in Courtroom 11B, 500 Pearl Street, New York,
IT IS FURTHER ORDERED that, if possible, any party wishing to
object to the terms of the settlement shall notify the Lead
Plaintiff, Andersen, and the Court by April 25, 2005 at 5 p.m.,
briefly stating the ground for the objection.
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