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FREEDMAN v. VALUE HEALTH, INC.

Civil Action No. 3:95CV2038 (JBA).

958 F.Supp. 745 (1997)

Robert FREEDMAN, et al. v. VALUE HEALTH, INC., et al.

United States District Court, D. Connecticut.

March 3, 1997.

Attorney(s) appearing for the Case

Leonard Barrack, Jeffrey W. Golan, Daniel E. Bacine, Barrack, Rodos & Bacine, Philadelphia, PA, J. Daniel Sagarin, Elias A. Alexiades, David A. Slossberg, Hurwitz & Sagarin, Milford, CT, David J. Bershad, Steven G. Schulman, Lori G. Feldman, Jeffrey S. Abraham, Milberg, Weiss, Bershad, Hynes & Lerach, New York City, for plaintiffs.

John C. Millian, Jeffrey T. Gilleran, Gibson, Dunn & Crutcher, Washington, DC, David J. Elliott, Daniel L. Fitzmaurice, Regina A. Long, Day, Berry & Howard, Hartford, CT, for defendants.

Ronald J. Cohen, Jacqueline D. Bucar, Robert B. Flynn, Tyler, Cooper & Alcorn, New Haven, CT, H. Robert Fiebach, Thomas G. Wilkinson, Jr., Douglas R. Widin, Cozen & O'Connor, Philadelphia, PA, for Nunzio P. DeSantis.

RULING ON DEFENDANTS' MOTIONS TO DISMISS (DOCS. 28 & 32)

ARTERTON, District Judge.

This action concerns certain public statements made by defendant Value Health, Inc., and defendant Nunzio DeSantis, former CEO of Diagnostek, Inc., in connection with the 1995 merger of Value Health and Diagnostek. Plaintiffs bring this suit pursuant to various provisions of the Securities Act of 1933 (the "1933 Act") and the Securities Exchange Act of 1934 (the...

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