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CITY OF PONTIAC GEN. EMPLOYEES v. LOCKHEED MARTIN

No. 11 Civ. 5026 (JSR).

844 F.Supp.2d 498 (2012)

CITY OF PONTIAC GENERAL EMPLOYEES' RETIREMENT SYSTEM, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. LOCKHEED MARTIN CORPORATION, Robert Stevens, Bruce Tanner, and Linda Gooden, Defendants.

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

February 21, 2012.

Attorney(s) appearing for the Case

Evan Jay Kaufman, Samuel Howard Rudman, Robbins Geller Rudman & Dowd LLP, Melville, NY, for Plaintiff.

John Michael Hillebrecht, James D. Wareham, DLA Piper U.S. LLP, New York, NY, for Defendants.

MEMORANDUM ORDER

JED S. RAKOFF, United States Magistrate Judge.

In this securities class action suit filed against Lockheed Martin Corporation and three Lockheed executives, the City of Pontiac General Employees' Retirement System ("the Retirement System") sought to be appointed "lead plaintiff," pursuant to the Private Securities Litigation Reform Act of 1995 ("PSLRA"). See 15 U.S.C. § 78u-4(a)(3)(B). After hearing testimony from Ellen...

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