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WESTWOOD v. COHEN

No. 92 Civ. 4406(VLB).

838 F.Supp. 126 (1993)

William E. WESTWOOD, Plaintiff, v. Edwin A. COHEN, Barr Laboratories, Inc. and Louis J. Guerci, Defendants.

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

November 17, 1993.

Attorney(s) appearing for the Case

Jay K. Kupietzky, Sol Schreiber, Milberg, Weiss, Bershad, Specthrie & Lerach, New York City, Sherrie R. Savett, Todd S. Collins, Berger & Montague, P.C., Philadelphia, PA, for plaintiff.

Robert S. Fischler, Winston & Strawn, New York City, Scott Szala, Winston & Strawn, Chicago, IL, for defendants Barr Laboratories and Cohen.

Mark R. Kook, James Shanman, Sharfman, Shanman, Poret & Seviglia, P.C., New York City, for defendant Guerci.

MEMORANDUM DECISION

VINCENT L. BRODERICK, District Judge.

I

This is a securities fraud class action filed against Barr Laboratories, Inc. ("Barr") and officers of Barr (collectively, the "defendants") based on alleged deficiencies in disclosures to the public related to testing procedures concerning certain generic pharmaceutical products. The plaintiff claims that a decline of Barr's stock price was artificially delayed between October...

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