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AUSA LIFE INSURANCE CO. v. ERNST & YOUNG

94 Civ. 3116(WCC).

991 F.Supp. 234 (1997)

AUSA LIFE INSURANCE COMPANY, et al., Plaintiffs, v. ERNST & YOUNG, Defendant.

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

As Amended December 19, 1997.

Nunc pro tunc December 5, 1997.

Attorney(s) appearing for the Case

Cadwalader, Wickersham & Taft, New York City (Debra Brown Steinberg, Edwin David Robertson, of counsel), for Plaintiffs.

Mayer, Brown & Platt, Chicago, IL (Alan N. Salpeter, Howard J. Roin, Caryn Jacobs, Bradley J. Andreozzi, Brian Massengill, Linda T. Coberly, of counsel), Schulte Roth & Zabel L.L.P., New York City (Howard O. Godnick, of counsel), Ernst & Young L.L.P., General Counsel's Office New York City (Patricia A. Connell, of counsel), for Defendant.

OPINION AND ORDER

WILLIAM C. CONNER, Senior District Judge.

This is one of a group of 22 actions brought by investors in the securities of JWP, Inc. in an attempt to recoup their losses on such investments. Nineteen separate actions brought by those who purchased the common stock of JWP were consolidated into a single action captioned In re JWP, Inc. Securities Litigation, 92 Civ. 5815(WCC). The plaintiffs in the consolidated action filed a joint...

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