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DONOGHUE v. AMERICAN SKIING CO.

No. 00 CIV. 8755(DC).

155 F.Supp.2d 70 (2001)

Deborah DONOGHUE, As Executrix of the Estate of Richard Morales, Plaintiff, v. AMERICAN SKIING COMPANY, Cerberus International, Ltd., and Cerberus Partners, L.P., Defendants.

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

August 21, 2001.

Attorney(s) appearing for the Case

David Lopez, Southampton, NY, for Plaintiff.

Lowenstein Sandler, PC, By Edward T. Dartley, Roseland, NJ, for Defendants Cerberus International, Ltd. and Cerberus Partners, L .P.

MEMORANDUM DECISION

CHIN, District Judge.

In this securities case, plaintiff Richard Morales1 alleges that defendants Cerberus International, Ltd. and Cerberus Partners, L.P. (collectively, "Cerberus" or the "Cerberus defendants"), as beneficial owners of more than 10% of the outstanding common stock of defendant American Skiing Company ("American Skiing"), realized "short-swing" profits from purchases and sales of American...

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