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IN RE CARNEGIE INTERN. CORP. SECURITIES LITIGATION

No. L-99-1688.

107 F.Supp.2d 676 (2000)

In re CARNEGIE INTERNATIONAL CORPORATION SECURITIES LITIGATION

United States District Court, D. Maryland.

April 11, 2000.

Attorney(s) appearing for the Case

Charles J. Piven, Law Offices of Charles J. Piven, P.A., of Baltimore, Maryland; Fred T. Isquith, Wolf, Haldenstein, Adler, Freeman & Herz, of New York, New York; Stanley M. Grossman, Pomerantz, Block, Grossman & Gross, of New York, New York; and William P. Butterfield, of Washington, D.C., for Plaintiffs.

D. Christopher Ohley, Blank, Rome, Comisky & McCauley, Baltimore, Maryland, for defendants.

MEMORANDUM OPINION

GAUVEY, United States Magistrate Judge.

Currently pending before this Court are five related securities class action cases against Carnegie International Corporation (Carnegie) and several of its officers and members of its board of directors. Plaintiffs allege that Carnegie "deceive[d] the investing public including them, through the issuance of false and misleading statements concerning the company's financial condition and operations...

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