IN RE ATLAS WORLDWIDE HOLDINGS, INC. SEC. LITIG.

No. 02 Civ. 8334(WCC).

324 F.Supp.2d 474 (2004)

In re ATLAS AIR WORLDWIDE HOLDINGS, INC. SECURITIES LITIGATION.

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

July 7, 2004.


Attorney(s) appearing for the Case

Bernstein, Liebhard & Lifshitz, LLP, Joseph R. Seidman, Jr., Of Counsel, New York, Plaintiffs' Liaison Counsel.

Schiffrin & Barroway, LLP, Andrew L. Barroway, Marc Willner, Of Counsel, Bala Cynwyd, PA, Plaintiffs' Lead Counsel.

Milberg, Weiss, Bershad, Hynes & Lerach, Lee A. Weiss, Kristi M. Stahnke, New York, Plaintiffs' Counsel.

Cahill, Gordon & Reindel LLP, Charles A. Gilman, Scott L. Walker, Of Counsel, New York, Attorneys for Defendant Atlas Air Worldwide Holdings, Inc.

Shearman & Sterling LLP, Kenneth M. Kramer, Brian H. Polovoy, Of Counsel, New York, Attorneys for Defendant Morgan Stanley & Co. Incorporated (sued as Morgan Stanley Dean Witter).

Morrison & Foerster, LLP, Carl H. Loewenson, Jr., Anthony M. Radice, Mark David McPherson, Of Counsel, New York, Attorneys for Defendant Richard H. Shuyler.

Perkins Coie LLP, Donald Salcito, Sean C. Stewart, Of Counsel, Denver, CO, Attorneys for Defendant Stuart G. Weinroth.

Piper Rudnick, David E. Nachman, Kirsten M. Nelson, Of Counsel, New York, Stephen E. Kaufman, P.C., Stephen E. Kaufman, Of Counsel, New York, for Defendant Brian H. Rowe.

Arkin Kaplan LLP, Michelle A. Rice, Paul R. Niehaus, Of Counsel, New York, Smith, Gambrell & Russell, LLP, John G. Despriet, James E. Connelly, William Parker Sanders, Of Counsel, Atlanta, GA, for Defendant Stanley J. Gadek.

Stillman & Friedman, P.C., John B. Harris, Karin Klapper, Of Counsel, New York, Attorneys for Defendants Douglas A. Carty and James T. Matheny.


OPINION AND ORDER

WILLIAM C. CONNER, Senior District Judge.

Lead plaintiff Messner & Smith ("lead plaintiff") and plaintiff John Mahoney (collectively "plaintiffs") brought this action against defendants Richard Shuyler, Brian Rowe, Douglas Carty, Stanley Gadek, James Matheny and Stuart Weinroth (collectively "the individual defendants"), and Morgan Stanley & Co., Inc. ("Morgan Stanley...

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