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IN RE MCI WORLDCOM, INC. SECURITIES LITIGATION

No. CIV.A. 3:00-CV-833BN.

191 F.Supp.2d 778 (2002)

In re MCI WORLDCOM, INC. SECURITIES LITIGATION

United States District Court, S.D. Mississippi, Jackson Division.

March 29, 2002.

Attorney(s) appearing for the Case

Don John W. Barrett, Richard Runft Barrett, Jesse M. Harrington, Barrett Law Offices, Lexington, MS, Samuel H. Rudman, Melvyn I. Weiss, Milberg, Weiss, Bershad, Hynes & Lerach, New York, NY, Deborah R. Gross, Law Offices Bernard M. Gross, P.C., Philadelphia, PA, Kenneth J. Vianale, Maya Saxena, Millberg, Weiss, Bershad, Hynes & Lerach, LLP, Boca Raton, FL, for Harriet Goldstein, Vincent Pinto, all others similarly situated, plaintiffs.

Jesse M. Harrington, Barrett Law offices, Lexington, MS, for Vincent J. Moleta, Michael Sabbia, Wayne County Employees Retirement system, David Klein, Simms Family, City of Lakeland Employee Pension Fund, plaintiff.

R. David Kaufman, Martin Patrick McDowell, Brunini, Grantham, Grower & Hewes, Jackson, MS, Thomas F. O'Neil, III, Adam H. Charnes, Worldcom, Inc.— Legal Division, Washington, DC, Michael J. Chepiga, Paul C. Curnin, Simpson, Thacher & Bartlett, New York, NY, for MCI Worldcom, Bernard J. Ebbers, Scott D. Sullivan, defendants.

OPINION AND ORDER

BARBOUR, District Judge.

This cause is before the Court on the Motion of Defendants to Dismiss. Having considered the Motion, Response, Rebuttal, attachments to each, and supporting and opposing authority, the Court finds that the Motion is well taken and should be granted.

I. Background and Procedural History

WorldCom is an international telecommunications company that provides its customers with voice, data, internet...

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