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IN RE AMER. BUSINESS FIN. SERVICES INC. SECURITIES

No. 04-0265.

413 F.Supp.2d 378 (2005)

In re AMERICAN BUSINESS FINANCIAL SERVICES, INC. SECURITIES LITIGATION

United States District Court, E.D. Pennsylvania.

June 2, 2005.

Attorney(s) appearing for the Case

Christopher L. Nelson, Schiffrin & Barroway LLP, Radnor, PA, Katharine M.

Ryan, Richard A. Maniskas, Schiffrin & Barroway, LLP, Bala Cynwyd, PA, for Richard Weisinger Individually and on behalf of all others Similarly Situated.

Jill Baisinger, Karen Pieslak Pohlmann, Marc J. Sonnenfeld, Morgan Lewis and Bockius LLP, Philadelphia, PA, for American Business Financial Services, Inc.

MEMORANDUM

O'NEILL, District Judge.

I. INTRODUCTION

These consolidated actions brought against defendants American Business Financial Services, Inc. (ABFS), Anthony J. Santilli, Richard Kaufman and Albert W. Mandia have been filed on behalf of all persons who purchased or otherwise acquired ABFS' publicly traded securities during the Class Period. Plaintiffs allege that defendants made false and misleading statements concerning ABFS' financial...

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