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IN RE PARMALAT SECURITIES LITIGATION

This document relates to: 04 Civ. 0030, Master Docket 04 MD 1653(LAK).

493 F.Supp.2d 723 (2007)

In re PARMALAT SECURITIES LITIGATION.

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

June 28, 2007.

Attorney(s) appearing for the Case

Stuart M. Grant, James J. Sabella, John C. Kairis, Diane Zilka, Grant & Eisenhofer PA., Steven J. Toll, Lisa M. Mezzetti, Mark S. Willis, Julie Goldsmith Reiser, Joshua S. Devore, Cohen, Milstein, Hausfeld & Toll, P.L.L.C., Robert M. Roseman, Andrew D. Abramowitz, Daniel J. Mirarchi, Rachel E. Kopp, Spector Roseman & Kodroff, P.C., Attorneys for Class Lead Plaintiffs.

Marcia L. Goldstein, Irwin H. Warren, Howard B. Comet, Weil, Gotshal & Manges LLP, Attorneys for Defendant Parmalat S.p.A.

John B. Quinn, Peter E. Calamari, Loren Kieve, Gerald E. Hawxhurst, Quinn Emanuel Urquhart Oliver & Hedges, LLP, Attorneys for Defendant Parmalat S.p.A. and Dr. Enrico Bondi.

MEMORANDUM OPINION

KAPLAN, District Judge.

Parmalat Finanziaria S.p.A., Parmalat S.p.A., and several affiliated entities (collectively, "Old Parmalat" or the "Foreign Debtors") filed for bankruptcy in Italy in late 2003 following an historic collapse allegedly caused by a lengthy and complex fraud. As a result of the bankruptcy proceedings and a reorganization plan approved by a majority of creditors, a new entity was created to assume certain of the Foreign...

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