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IN RE PARMALAT SECURITIES LITIGATION

This document relates to: Nos. 04 Civ. 0030(LAK). 04 MD 1653(LAK).

474 F.Supp.2d 547 (2007)

In re PARMALAT SECURITIES LITIGATION.

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

February 21, 2007.

Attorney(s) appearing for the Case

James J. Sabella, New York City, Stuart M. Grant, John C. Kairis, Diane Zilka, Grant & Eisenhofer, P.A., Wilmington, DE, Steven J. Toll, Washington, DC, Lisa M. Mezzetti, Chevy Chase, MD, Mark S. Willis, Julie Goldsmith Reiser, Joshua S. Devore, Washington, DC, Cohen, Milstein, Hausfeld & Toll, P.L.L.C., for Plaintiffs.

Bruce R. Braun, Linda T. Coberly, Chicago, IL, Theodore Z. Polley, Ann Arbor, MI, Winston & Strawn LLP, for Defendant Grant Thornton LLP.

MEMORANDUM AND ORDER

KAPLAN, District Judge.

This is a purported class action on behalf of purchasers of securities of Parmalat Finanziaria, S.p.A., ("Parmalat") for damages allegedly sustained when Parmalat collapsed following discovery of a massive fraud that reportedly involved the understatement of Parmalat's debt and the overstatement of its assets by billions of dollars. The matter is before the Court on a motion by Grant Thornton LLP ("GTUS") to dismiss...

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