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IN RE PHAR-MOR, INC. SECURITIES LIT.

Civ. A. Nos. 92-1938, 94-1002, MDL No. 959, and Master File No. Misc. 93-96.

900 F.Supp. 777 (1994)

In re PHAR-MOR, INC. SECURITIES LITIGATION. Richard TRIO, on his own behalf and on behalf of all others similarly situated, Plaintiffs, v. COOPERS & LYBRAND, Phar-Mor, Inc., Michael Monus, and David S. Shapira, Defendants.

United States District Court, W.D. Pennsylvania.

August 31, 1994.

Attorney(s) appearing for the Case

Dale J. Belock, Cleveland, OH, for Richard Trio.

Stephen A. Markus, Ulmer & Berne, Cleveland, OH, Robert J. Sisk, Hughes, Hubbard & Reed, New York City, for Coopers & Lybrandt.

Stephen H. Warren, Los Angeles, CA, for Phar-Mor, Inc.

Mark B. Cohen, McCarthy, Lebit, Crystal & Haiman Co., Cleveland, OH, for Michael Monus.

Ronald A. Rispo, Weston, Hurd, Fallon, Paisley & Howley, Cleveland, OH, for David Shapira.

OPINION

ZIEGLER, Chief Judge.

Pending before the court is the motion of defendant, David S. Shapira, to dismiss counts I and III of the complaint of plaintiff, Richard Trio, or in the alternative, for summary judgment on those counts. Plaintiff initiated this action by filing a class action complaint in the United States District Court for the Northern District of Ohio on April 21, 1994. Pursuant to the order of the Judicial Panel on Multidistrict...

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