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MILMAN v. BOX HILL SYSTEMS CORP.

No. 98 CIV. 8640(SAS).

72 F.Supp.2d 220 (1999)

Lawrence MILMAN, on behalf of himself and all others similarly situated, Plaintiff, v. BOX HILL SYSTEMS CORP., Salomon Smith Barney Inc., Nationsbanc Montgomery Securities Inc., Philip Black, Benjamin Monderer, Carol Turchin, and Mark A. Mays, Defendants.

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

August 17, 1999.

Attorney(s) appearing for the Case

Russell J. Gunyan, Milberg, Weiss, Bershad, Hynes & Lerach LLP, New York City, Lee S. Shalov, Shalov, Stone & Bonner, New York City, for Plaintiff.

Francis S. Chlapowski, Brobeck, Phleger & Harrison LLP, New York City, for Defendants, Box Hill Systems Corp., Monderer, Turchin, Black, Mays.

Brad Karp, Paul, Weiss, Rifkind, Wharton & Garrison, New York City, for Defendants, Salomon Smith Barney Inc. and Nationsbanc Montgomery Securities Inc.

OPINION AND ORDER

SCHEINDLIN, District Judge.

Plaintiff Lawrence Milman, on behalf of himself and all others similarly situated, brings this securities fraud class-action lawsuit against Box Hill Systems Corp., a corporation in which Plaintiffs purchased stock through a public offering ("Box Hill" or "the Company"); Salomon Smith Barney Inc. and Nationsbanc Montgomery Securities Inc., investment banks serving as underwriters for that offering ("Underwriters...

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