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HALL v. CHILDREN'S PLACE RETAIL STORES, INC.

No. 07 Civ. 8252(SAS).

669 F.Supp.2d 399 (2009)

Debra HALL, Individually and on Behalf of All Others Similarly Situated, Plaintiffs, v. The CHILDREN'S PLACE RETAIL STORES, INC., Ezra Dabah, and Susan Riley, Defendants.

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

November 2, 2009.

Attorney(s) appearing for the Case

Samuel H. Rudman, Esq., David A. Rosenfeld, Esq., Mario Alba, Jr., Esq., Coughlin Stoia Geller Rudman & Robbins LLP, Melville, NY, Nathan M. Jenkins, Esq., Jenkins & Carter, Reno, NV, for Lead Plaintiff and the Class.

Jonathan D. Polkes, Esq., David R. Fertig, Esq., Weil, Gotshal & Manges LLP, New York, NY, Robert J. Jossen, Esq., Michael J. Gilbert, Esq., Dechert LLP, New York, NY, Richard P. Swanson, Esq., Arnold & Porter LLP, New York, NY, for Defendants.

OPINION AND ORDER

SHIRA A. SCHEINDLIN, District Judge.

I. INTRODUCTION

This putative class action is brought on behalf of a class of shareholders against The Children's Place Retail Stores, Inc. ("TCP"), and certain of its officers, alleging violations of sections 10(b) and 20(a) of the Securities Exchange Act of 1934. On June 26, 2009, after approximately two years of litigation and two mediation sessions, the parties reached a proposed...

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