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BHARUCHA v. REUTERS HOLDINGS PLC

No. 90 CV 3838 (SJ).

810 F.Supp. 37 (1993)

Cyrus BHARUCHA and Charles Kesten, on behalf of themselves and all others similarly situated, Plaintiffs, v. REUTERS HOLDINGS PLC, Reuters America, Sir Christoper Hogg, Glen Renfrew, Michael Reilly, Nigel L. Judah, Andre F.H. Villeneuve, and John Hull, Defendants.

United States District Court, E.D. New York.

January 13, 1993.

Attorney(s) appearing for the Case

Milberg Weiss Bershad Specthrie & Lerach, David J. Bershad, Steven R. Steinberg, Steven R. Weinmann, and Stull, Stull & Brody, Jules Brody, Melissa R. Emert, Law Offices of Lawrence G. Soicher, Lawrence G. Soicher, New York City, for plaintiffs.

Weil, Gotshal & Manges, Dennis J. Block, Richard L. Levine, Laura A. Cooper, New York City, for defendants.

MEMORANDUM AND ORDER

JOHNSON, District Judge:

Plaintiffs Cyrus Bharucha and Charles Kesten, on behalf of themselves and the class of stockholders similarly situated, commenced this class action for lost stock value damages against Defendants Reuters Holdings, PLC; Reuters America, Inc.; Sir Christopher Hogg; Glen Renfrew; Michael Reilly; Nigel L. Judah; Andre F.H. Villeneuve; and John Hull. The Complaint alleges statutory securities law violations under...

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