UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK
July 26, 2006
IN RE AOL TIME WARNER, INC. SECURITIES LITIGATION
The opinion of the court was delivered by: Shirley Wohl Kram, U.S.D.J.
This Document Relates To: The Consolidated Opt-Out Action
This order modifies the Court's July 12, 2006 order consolidating certain opt-out actions related to the AOL Time Warner, Inc. securities litigation ("Consolidation Order"). Part 7 of the Consolidation Order indicated that the relevant actions, most of them transferred to this District from judicial actions, most of them transferred to this District from judicial districts acress the nation pursuant to an order of the Judicial Panel on Multidistrict Litigation, were to be consolidated "for all purposes from this time forward." The scope of transfers made pursuant to the Multidistrict Litigation statute, however, is currently limited to "coordinated or consolidated pretrial proceedings." 28 U.S.C. § 1407(a). Accordingly, Part 7 of the Consolidation Order is modified to reflect that the cases consolidated by that Order are consolidated for pretrial purposes only.
© 1992-2008 VersusLaw Inc.