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IN RE TWINLAB CORP. SECURITIES LITIGATION

No. 98-CV-7425(ADS).

187 F.Supp.2d 80 (2002)

In re TWINLAB CORPORATION SECURITIES LITIGATION.

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

February 23, 2002.

Attorney(s) appearing for the Case

Milberg, Weiss, Bershad, Hynes & Lerach, LLP, New York, NY (Sanford P. Dumain, David J. Bershad, George A. Bauer III, of Counsel), Schiffrin & Barroway, LLP, Bala Cynwyd, PA (Richard S. Schiffrin, David Kessler, of Counsel), for plaintiffs.

Wilkie, Farr & Gallagher, New York, NY (Michael R. Young, John R. Oller, of Counsel), for defendant Twinlab Corp.

Simpson, Thacher & Bartlett, New York, NY (Michael J. Chepiga, William M. Regan, of Counsel), for defendant John McCusker.

Mayer, Brown & Platt, New York, NY (Richard A. Spehr, John M. Conlon, Joseph DeSimone, of Counsel), for the defendants Ross Blechman and Dan Blechman.

Skadden, Arps, Slate, Meagher & Flom, LLP, New York, NY (Jay B. Kasner, Joanne Gaboriault, of Counsel), for defendants Bear, Stearns & Co, Inc. and Donaldson, Lufkin & Jenrette Securities Corp.

Schulte, Roth & Zabel, New York, NY (David J. Kramer, Michael E. Swartz, of Counsel), for defendants Green Equity Investors II, LP, Leonard Green & Partners, LP, John G. Danhakl, Jennifer Holden Dunbar.

MEMORANDUM OF DECISION AND ORDER

SPATT, District Judge.

This class action securities fraud case was brought by purchasers of stock in defendant Twinlab Corp. ("Twinlab") against the corporation, its underwriters, and its directors and officers (collectively, the "defendants"), alleging that the company engaged in fraudulent accounting and business practices in an effort to artificially inflate its stock price. Presently before the Court are motions for final...

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