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BAKER v. GOLDMAN SACHS & CO.

Civil Action No. 09-10053-PBS.

656 F.Supp.2d 226 (2009)

Janet BAKER, et al., Plaintiffs, v. GOLDMAN SACHS & CO., et al., Defendants.

United States District Court, D. Massachusetts.

September 15, 2009.

Attorney(s) appearing for the Case

Terence K. Ankner, The Law offices of Partridge, Ankner & Horstmann, LLP, Boston, MA, Alan K. Cotler, Steven T. Voigt, Joan A. Yue, Reed Smith, LLP, Philadelphia, PA, for Plaintiffs.

John D. Donovan, Jr., Matthew L. McGinnis, Annmarie A. Tenn, Ropes & Gray LLP, Boston, MA, for Defendants.

MEMORANDUM AND ORDER

SARIS, District Judge.

This case arises out of the merger of Dragon Systems, Inc. ("Dragon") into Lernout & Hauspie Speech Products N.V. and its subsidiary (collectively "L & H") on June 7, 2000. Within months of the merger, the public disclosure of an accounting fraud scheme at L & H rendered L & H's stock worthless, and ultimately led L & H to file for bankruptcy on November 29, 2000.

Plaintiffs Janet and...

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