IN RE REFCO SECURITIES LITIGATION

Nos. 07 MDL 1902 (JSR), 08 Civ. 3065 (JSR), 08 Civ. 3086 (JSR)

IN RE REFCO SECURITIES LITIGATION. KENNETH M. KRYS, et al., Plaintiffs, v. CHRISTOPHER SUGRUE, et al., Defendants.

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

March 26, 2012.


Attorney(s) appearing for the Case

American Financial International Group - Asia, LLC, Plaintiff, represented by Stephen John Fearon, Jr , Squitieri & Fearon LLP, Thomas A. Connelly , Beus Gilbert, P.L.L.C., Pro Hac Vice, David J. Molton , Brown Rudnick LLP (NYC), Dennis Blackhurst , Beus Gilbert PLLC, Pro Hac Vice, Lee M. Andelin , Beus Gilbert PLLC, Leo R. Beus , Beus Gilbert PLLC, Pro Hac Vice, Ramzi Abadou , Barroway Topaz Kessler Meltzer & Check, L.L.P.(SFran), Pro Hac Vice, Robert T. Mills , Beus Gilbert PLLC, Samuel R. Randall , Beus Gilbert, P.L.L.C., Pro Hac Vice & Scot Christopher Stirling , Beus Gilbert PLLC.

Dennis A. Klejna, Plaintiff, represented by Bruce Mathew Sabados , Katten Muchin Rosenman,LLP(NYC), Helen Byung-Son Kim , Katten Muchin Zavis Rosenman(Los Angeles), Marc Dennis Powers , Baker & Hostetler LLP (NYC), Ona T. Wang , Baker & Hostetler LLP (NYC), Richard Edward Nathan , Nathan Law Office, Thomas A. Connelly , Beus Gilbert, P.L.L.C., Pro Hac Vice, Daniel Aaron Edelson , Katten Muchin Rosenman,LLP(NYC), David J. Molton , Brown Rudnick LLP (NYC), Lee M. Andelin , Beus Gilbert PLLC, Leo R. Beus , Beus Gilbert PLLC, Pro Hac Vice, Robert T. Mills , Beus Gilbert PLLC, Samuel R. Randall , Beus Gilbert, P.L.L.C., Pro Hac Vice & Scot Christopher Stirling , Beus Gilbert PLLC.

Irv Kreitenberg, Plaintiff, represented by George Theodore Peters , Wolf Haldenstein Adler Freeman & Herz, Thomas A. Connelly , Beus Gilbert, P.L.L.C., Pro Hac Vice, David J. Molton , Brown Rudnick LLP (NYC), Dennis Blackhurst , Beus Gilbert PLLC, Pro Hac Vice, Lee M. Andelin , Beus Gilbert PLLC, Leo R. Beus , Beus Gilbert PLLC, Pro Hac Vice, Ramzi Abadou , Barroway Topaz Kessler Meltzer & Check, L.L.P.(SFran), Pro Hac Vice, Robert T. Mills , Beus Gilbert PLLC, Samuel R. Randall , Beus Gilbert, P.L.L.C., Pro Hac Vice & Scot Christopher Stirling , Beus Gilbert PLLC.

Steve Kreitenberg, Plaintiff, represented by George Theodore Peters , Wolf Haldenstein Adler Freeman & Herz, David J. Molton , Brown Rudnick LLP (NYC), Ramzi Abadou , Barroway Topaz Kessler Meltzer & Check, L.L.P.(SFran), Pro Hac Vice & Scot Christopher Stirling , Beus Gilbert PLLC.

Matthew Larson, Plaintiff, represented by Shelley Thompson , Labaton Sucharow, LLP, David J. Molton , Brown Rudnick LLP (NYC), Ramzi Abadou , Barroway Topaz Kessler Meltzer & Check, L.L.P.(SFran), Pro Hac Vice & Scot Christopher Stirling , Beus Gilbert PLLC.

Kenneth M. Krys, as Joint Official Liquidators of Sphinx LTD, Sphinx Strategy Fund, LTD, Sphinx Plus SPC LTD, Sphinx Distressed LTD, Sphinx Merger Arbitrage LTD, Sphinx Macro LTD, Sphinx Long/Short Equity LTD, Sphinx Managed Futures LTD et al, Plaintiff, represented by Dennis Blackhurst , Beus Gilbert PLLC, Pro Hac Vice, Derrick J. Stomberg , Beus Gilbert, P.L.L.C., L. Richard Williams , Herbert P. Minkel, Jr. Esq.,, Pro Hac Vice, Lee M. Andelin , Beus Gilbert PLLC, Leo R. Beus , Beus Gilbert PLLC, Pro Hac Vice, Malcolm Loeb , Beus Gilbert, P.L.L.C., Robert T. Mills , Beus Gilbert PLLC, Samuel R. Randall , Beus Gilbert, P.L.L.C., Pro Hac Vice, Thomas A. Connelly , Beus Gilbert, P.L.L.C., Pro Hac Vice, Timothy Joseph. Paris , Beus Gilbert PLLC, Pro Hac Vice, Andrew S. Dash , Brown Rudnick LLP (NYC), Britton M. Worthen , Beus Gilbert PLLC, Pro Hac Vice, David J. Molton , Brown Rudnick LLP (NYC), Mason Chandler Simpson , Brown Rudnick LLP (NYC) & Scot Christopher Stirling , Beus Gilbert PLLC.

Marc S. Kirschner, Plaintiff, represented by David J. Molton , Brown Rudnick LLP (NYC), Dennis Blackhurst , Beus Gilbert PLLC, Pro Hac Vice, Lee M. Andelin , Beus Gilbert PLLC, Nicholas John Calamari , Quinn Emanuel Urquhart Oliver & Hedges LLP, Rex Lee , Quinn Emanuel, Robert T. Mills , Beus Gilbert PLLC, Samuel R. Randall , Beus Gilbert, P.L.L.C., Pro Hac Vice, Scot Christopher Stirling , Beus Gilbert PLLC & Thomas A. Connelly , Beus Gilbert, P.L.L.C., Pro Hac Vice.

James P. Sinclair, as Trustee of the SPhinX Trust, Plaintiff, represented by Andrew S. Dash , Brown Rudnick LLP (NYC), Dennis Blackhurst , Beus Gilbert PLLC, Pro Hac Vice, L. Richard Williams , Herbert P. Minkel, Jr. Esq.,, Pro Hac Vice, Timothy Joseph. Paris , Beus Gilbert PLLC, Pro Hac Vice, Scot Christopher Stirling , Beus Gilbert PLLC & David J. Molton , Brown Rudnick LLP (NYC).

Index Recovery Co., L.P., formerly known as SPhinX Managed Futures Index Fund, LP, Plaintiff, represented by Brian J. Butler , Bond, Schoeneck & King, PLLC (Rochester), Clifford Gee-tong Tsan , Becker, Glynn, Melamed & Muffly LLP, Jonathan B. Fellows , Bond, Shoeneck et ano., Dennis Blackhurst , Beus Gilbert PLLC, Pro Hac Vice, Lee M. Andelin , Beus Gilbert PLLC, Leo R. Beus , Beus Gilbert PLLC, Pro Hac Vice, Robert T. Mills , Beus Gilbert PLLC, Samuel R. Randall , Beus Gilbert, P.L.L.C., Pro Hac Vice, Scot Christopher Stirling , Beus Gilbert PLLC & Thomas A. Connelly , Beus Gilbert, P.L.L.C., Pro Hac Vice.

The Trustees of the Masonic Hall and Asylum Fund, Plaintiff, represented by Brian J. Butler , Bond, Schoeneck & King, PLLC (Rochester), Clifford Gee-tong Tsan , Becker, Glynn, Melamed & Muffly LLP, Jonathan B. Fellows , Bond, Shoeneck et ano. & Scot Christopher Stirling , Beus Gilbert PLLC.

George Miller, Plaintiff, represented by Helen Byung-Son Kim , Katten Muchin Zavis Rosenman(Los Angeles) & Scot Christopher Stirling , Beus Gilbert PLLC.

Margot Macinnis, as joint official liquidator of Sphinx Ltd., Sphinx Strategy Fund Ltd., Sphinx Plus SPC LTD, Sphinx Distressed Ltd., Sphinx Merger Arbitrage, Ltd., Sphinx Special Situations Ltd., Sphinx Macro Ltd., et al, Plaintiff, represented by Andrew S. Dash , Brown Rudnick LLP (NYC), David J. Molton , Brown Rudnick LLP (NYC), Jessica Conklin Calagione , Brown Rudnick LLP (NYC), Britton M. Worthen , Beus Gilbert PLLC, Pro Hac Vice, Dennis Blackhurst , Beus Gilbert PLLC, Pro Hac Vice, Lee M. Andelin , Beus Gilbert PLLC, Pro Hac Vice, Leo R. Beus , Beus Gilbert PLLC, Pro Hac Vice, Mason Chandler Simpson , Brown Rudnick LLP (NYC), Robert T. Mills , Beus Gilbert PLLC, Pro Hac Vice, Samuel R. Randall , Beus Gilbert, P.L.L.C., Pro Hac Vice, Scot Christopher Stirling , Beus Gilbert PLLC & Thomas A. Connelly , Beus Gilbert, P.L.L.C., Pro Hac Vice.

Kenneth M. Krys, as assignee of claims assigned by Miami Childrens Hospital Foundation, OFI Asset Management, Green & Smith Investment Management LLC, Thales Fund Management LLC, Kellner Dileo & Co. LLC, Martingale Asset Management LP, Longacre Fund Management LLC, et al, Plaintiff, represented by Andrew S. Dash , Brown Rudnick LLP (NYC), David J. Molton , Brown Rudnick LLP (NYC), Jessica Conklin Calagione , Brown Rudnick LLP (NYC), Britton M. Worthen , Beus Gilbert PLLC, Pro Hac Vice, Dennis Blackhurst , Beus Gilbert PLLC, Pro Hac Vice, Lee M. Andelin , Beus Gilbert PLLC, Pro Hac Vice, Leo R. Beus , Beus Gilbert PLLC, Pro Hac Vice, Mason Chandler Simpson , Brown Rudnick LLP (NYC), Robert T. Mills , Beus Gilbert PLLC, Pro Hac Vice, Samuel R. Randall , Beus Gilbert, P.L.L.C., Pro Hac Vice, Scot Christopher Stirling , Beus Gilbert PLLC & Thomas A. Connelly , Beus Gilbert, P.L.L.C., Pro Hac Vice.

Margot Macinnis, as assignee of claims assigned by Miami Childrens Hospital Foundation, OFI Asset Management, Green & Smith Investment Management LLC, Thales Fund Management LLC, Kellner Dileo & Co. LLC, Martingale Asset Management LP, Longacre Fund Management LLC, et al, Plaintiff, represented by Andrew S. Dash , Brown Rudnick LLP (NYC), David J. Molton , Brown Rudnick LLP (NYC), Jessica Conklin Calagione , Brown Rudnick LLP (NYC), Britton M. Worthen , Beus Gilbert PLLC, Pro Hac Vice, Dennis Blackhurst , Beus Gilbert PLLC, Pro Hac Vice, Lee M. Andelin , Beus Gilbert PLLC, Pro Hac Vice, Leo R. Beus , Beus Gilbert PLLC, Pro Hac Vice, Mason Chandler Simpson , Brown Rudnick LLP (NYC), Robert T. Mills , Beus Gilbert PLLC, Pro Hac Vice, Samuel R. Randall , Beus Gilbert, P.L.L.C., Pro Hac Vice, Scot Christopher Stirling , Beus Gilbert PLLC & Thomas A. Connelly , Beus Gilbert, P.L.L.C., Pro Hac Vice.

Kenneth M. Krys, as Trustee of the Sphinx Trust, Plaintiff, represented by Andrew S. Dash , Brown Rudnick LLP (NYC), David J. Molton , Brown Rudnick LLP (NYC), Jessica Conklin Calagione , Brown Rudnick LLP (NYC), Britton M. Worthen , Beus Gilbert PLLC, Pro Hac Vice, Dennis Blackhurst , Beus Gilbert PLLC, Pro Hac Vice, Lee M. Andelin , Beus Gilbert PLLC, Pro Hac Vice, Leo R. Beus , Beus Gilbert PLLC, Pro Hac Vice, Mason Chandler Simpson , Brown Rudnick LLP (NYC), Robert T. Mills , Beus Gilbert PLLC, Pro Hac Vice, Samuel R. Randall , Beus Gilbert, P.L.L.C., Pro Hac Vice, Scot Christopher Stirling , Beus Gilbert PLLC & Thomas A. Connelly , Beus Gilbert, P.L.L.C., Pro Hac Vice.

The Harbour Trust Co. Ltd., as Trustee of the Sphinx Trust, Plaintiff, represented by Andrew S. Dash , Brown Rudnick LLP (NYC), David J. Molton , Brown Rudnick LLP (NYC), Jessica Conklin Calagione , Brown Rudnick LLP (NYC), Britton M. Worthen , Beus Gilbert PLLC, Pro Hac Vice, Dennis Blackhurst , Beus Gilbert PLLC, Pro Hac Vice, Lee M. Andelin , Beus Gilbert PLLC, Pro Hac Vice, Leo R. Beus , Beus Gilbert PLLC, Pro Hac Vice, Mason Chandler Simpson , Brown Rudnick LLP (NYC), Robert T. Mills , Beus Gilbert PLLC, Pro Hac Vice, Samuel R. Randall , Beus Gilbert, P.L.L.C., Pro Hac Vice, Scot Christopher Stirling , Beus Gilbert PLLC & Thomas A. Connelly , Beus Gilbert, P.L.L.C., Pro Hac Vice.

Thomas H. Lee Equity (Cayman) Fund V, L.P., Plaintiff, represented by Emily T.P. Rosen , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Pro Hac Vice, Mark Charles Hansen , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Michael R. Fawcett , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Pro Hac Vice, Michael N. Nemelka , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Pro Hac Vice, Rebecca A. Beynon , Kellogg, Huber, Hansen, Todd, Evans & Figel, P.L.L.C., Pro Hac Vice, Scot Christopher Stirling , Beus Gilbert PLLC, Silvija Anna Strikis , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Christopher J. Walker , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Pro Hac Vice & Saritha K. Tice , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Pro Hac Vice.

Thomas H. Lee Parallel Fund V, L.P., Plaintiff, represented by Emily T.P. Rosen , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Pro Hac Vice, Mark Charles Hansen , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Michael R. Fawcett , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Pro Hac Vice, Michael N. Nemelka , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Pro Hac Vice, Rebecca A. Beynon , Kellogg, Huber, Hansen, Todd, Evans & Figel, P.L.L.C., Pro Hac Vice, Scot Christopher Stirling , Beus Gilbert PLLC, Silvija Anna Strikis , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Christopher J. Walker , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Pro Hac Vice & Saritha K. Tice , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Pro Hac Vice.

George L. Miller, Chapter 7 Trustee for the Estate of Suffolk LLC, Plaintiff, represented by Albert A. Ciardi, III , Ciardi & Ciardi & Austin, Pro Hac Vice & Scot Christopher Stirling , Beus Gilbert PLLC.

Michael Albrecht, Consolidated Plaintiff, represented by David J. Molton , Brown Rudnick LLP (NYC) & Scot Christopher Stirling , Beus Gilbert PLLC.

Banyan Capital Fund, LP, Movant, represented by Evan J. Smith , Brodsky & Smith, L.L.C..

Deka International S.A., Luxembourg, Movant, represented by Eric James Belfi , Labaton Sucharow, LLP.

Phillip R. Bennet, Defendant, represented by Adam Craig Silverstein , Golenbock Eiseman Assor Bell & Peskoe LLP.

Banc of America Securities LLC, Defendant, represented by John V.H. Pierce , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Lori Ann Martin , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Michael Laurence Feinberg , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Michael Hun Park , Wilmer, Cutler & Pickering (NY, 31st Floor), Peter J. Macdonald , Wilmer, Cutler & Pickering (NY, 31st Floor), Philip David Anker , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Robert Lee Boone , Cravath, Swaine & Moore LLP & Ross Eric Firsenbaum , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC).

Leo R. Breitman, Defendant, represented by Greg A. Danilow , Weil, Gotshal & Manges LLP (NYC) & Robert Francis Carangelo , Weil, Gotshal & Manges LLP (NYC).

CMG Institutional Trading LLC, Defendant, represented by John V.H. Pierce , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Lori Ann Martin , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Michael Laurence Feinberg , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC) & Michael Hun Park , Wilmer, Cutler & Pickering (NY, 31st Floor).

Joseph P Collins, Defendant, represented by Jonathan Paul Bach , Cooley Godward Kronish LLP, William J. Schwartz , Cooley LLP (NY), Daniel Mark Hibshoosh , Cooley Godward Kronish LLP, Kathleen Elizabeth Cassidy , Hafetz Necheles & Rocco & Reed Allen Smith , Cooley LLP (NY).

Credit Suisse Securities (USA) LLC, Defendant, represented by John V.H. Pierce , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Lori Ann Martin , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Michael Laurence Feinberg , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Michael Hun Park , Wilmer, Cutler & Pickering (NY, 31st Floor), Peter J. Macdonald , Wilmer, Cutler & Pickering (NY, 31st Floor), Philip David Anker , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC) & Ross Eric Firsenbaum , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC).

Deutsche Bank Securities, Inc., Defendant, represented by John V.H. Pierce , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Lori Ann Martin , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Michael Laurence Feinberg , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Michael Hun Park , Wilmer, Cutler & Pickering (NY, 31st Floor), Philip David Anker , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Ross Eric Firsenbaum , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC) & Ruth Ellen Harlow , Linklaters, LLP.

Nathan Gantcher, Defendant, represented by Greg A. Danilow , Weil, Gotshal & Manges LLP (NYC) & Robert Francis Carangelo , Weil, Gotshal & Manges LLP (NYC).

Goldman, Sachs & Co., Defendant, represented by John V.H. Pierce , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Lori Ann Martin , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Michael Laurence Feinberg , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC) & Michael Hun Park , Wilmer, Cutler & Pickering (NY, 31st Floor).

Tone Grant, Defendant, represented by Laura Elizabeth Neish , Zuckerman, Spaeder LLP(NYC) & Melinda Marie Sarafa , Zuckerman, Spaeder, Goldstein, Taylor & Kolker, LLP (NYC).

Grant Thornton LLP, Defendant, represented by Beth Ann Tagliamonti , Winston & Strawn LLP (NY), Bruce Roger Braun , Winston & Strawn LLP (IL), Catherine W. Joyce , Winston & Strawn LLP (IL), Pro Hac Vice, Derek John Sarafa , Winston & Strawn LLP (IL), Pro Hac Vice, Linda T. Coberly , Winston & Strawn LLP (IL), Ruth Anne Braun , Winston & Strawn LLP (NY), Brian T. Fitzpatrick , Winston & Strawn LLP (NY), Calvin Kai-Xin Koo , Winston & Strawn LLP (NY), Caroline Jane Maxwell , Winston & Strawn LLP (NY), David J. Doyle , Winston & Strawn, LLP, Pro Hac Vice & Lauren Elizabeth Cuneo , Winston & Strawn LLP (NY).

HSBC Securities (USA) Inc., Defendant, represented by John V.H. Pierce , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Lori Ann Martin , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Michael Laurence Feinberg , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC) & Michael Hun Park , Wilmer, Cutler & Pickering (NY, 31st Floor).

David V. Harkins, Defendant, represented by Greg A. Danilow , Weil, Gotshal & Manges LLP (NYC), Kerry Lauren Quinn , Paul, Weiss, Rifkind, Wharton & Garrison LLP (NY), Mark Floyd Pomerantz , Paul, Weiss, Rifkind, Wharton & Garrison LLP (NY), Richard A. Rosen , Paul, Weiss, Rifkind, Wharton & Garrison LLP (NY) & Robert Francis Carangelo , Weil, Gotshal & Manges LLP (NYC).

Harris Nesbitt Corp., Defendant, represented by John V.H. Pierce , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Lori Ann Martin , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Michael Laurence Feinberg , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC) & Michael Hun Park , Wilmer, Cutler & Pickering (NY, 31st Floor).

J.P. Morgan Securities, Inc., Defendant, represented by John V.H. Pierce , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Lori Ann Martin , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC), Michael Laurence Feinberg , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC) & Philip David Anker , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC).

Scott L. Jaeckel, Defendant, represented by Greg A. Danilow , Weil, Gotshal & Manges LLP (NYC), Kerry Lauren Quinn , Paul, Weiss, Rifkind, Wharton & Garrison LLP (NY), Mark Floyd Pomerantz , Paul, Weiss, Rifkind, Wharton & Garrison LLP (NY), Richard A. Rosen , Paul, Weiss, Rifkind, Wharton & Garrison LLP (NY) & Robert Francis Carangelo , Weil, Gotshal & Manges LLP (NYC).

Thomas H. Lee, Defendant, represented by Greg A. Danilow , Weil, Gotshal & Manges LLP (NYC), Kerry Lauren Quinn , Paul, Weiss, Rifkind, Wharton & Garrison LLP (NY), Mark Floyd Pomerantz , Paul, Weiss, Rifkind, Wharton & Garrison LLP (NY), Richard A. Rosen , Paul, Weiss, Rifkind, Wharton & Garrison LLP (NY) & Robert Francis Carangelo , Weil, Gotshal & Manges LLP (NYC).

Santo Maggio, Defendant, represented by Scott Edward Hershman , Hunton & Williams, LLP(NYC).

PricewaterhouseCoopers LLP, Defendant, represented by Kenneth Yeatts Turnbull , King & Spalding LLP (DC), Pro Hac Vice, Alison Frances Swap , Orrick, Herrington & Sutcliffe LLP (NYC), James J. Capra, Jr , Orrick, Herrington & Sutcliffe LLP (NYC) & James P. Cusick , Orrick, Herrington & Sutcliffe LLP (NYC).

BMO Capital Markets Corp., Defendant, represented by Christopher J. Walker , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Pro Hac Vice.

Mayer Brown LLP, Defendant, represented by John S. Williams , Williams & Connolly LLP, Pro Hac Vice, Daniel P. Shanahan , Williams & Connolly LLP, Pro Hac Vice, Kevin M. Lovecchio , Williams & Connolly LLP, Pro Hac Vice & Thomas George Ward , Williams & Connolly LLP.

Mayer Brown International LLP, Defendant, represented by Anthony Mathias Candido , Clifford Chance US, LLP (NYC).

Ingram Micro, Inc., Defendant, represented by Jonathan Peter Hersey , Slater, Hersey, & Lieberman & Paul Spagnoletti , Davis Polk & Wardwell L.L.P..

EMF Financial Produccts, Defendant, represented by Veronica Ellen Rendon , Arnold & Porter, LLP.

Delta Flyer Fund, LLC, Defendant, represented by Veronica Ellen Rendon , Arnold & Porter, LLP.

Eric M. Flanagan, Defendant, represented by Veronica Ellen Rendon , Arnold & Porter, LLP.

Guy Castranova, Defendant, represented by Brian John Pendleton, Jr. , DlA Piper (US).

Derivative Portfolio Management LLC, Defendant, represented by Brian John Pendleton, Jr. , DlA Piper (US).

DPM-Mellon, LLC, Defendant, represented by Brian John Pendleton, Jr. , DlA Piper (US).

Derivative Portfolio Management, Ltd., Defendant, represented by Brian John Pendleton, Jr. , DlA Piper (US).

DPM-Mellon, Ltd., Defendant, represented by Brian John Pendleton, Jr. , DlA Piper (US).

Bank of New York Mellon Corporation, Defendant, represented by Brian John Pendleton, Jr. , DlA Piper (US) & Saritha K. Tice , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Pro Hac Vice.

Robert Aaron, Defendant, represented by Donald Albert Corbett , Lowenstein Sandler PC (NYC), Elliott Zvi Stein , Lowenstein Sandler PC (NYC), Ira Lee Sorkin , Lowenstein Sandler PC (NYC), Savannah Stevenson , Dickstein Shapiro LLP (NY) & Sean Collier , Lowenstein Sandler PC, Pro Hac Vice.

Thomas H. Lee Equity Fund V, L.P., Defendant, represented by Emily T.P. Rosen , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Pro Hac Vice, Mark Charles Hansen , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Michael R. Fawcett , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Pro Hac Vice, Michael N. Nemelka , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Pro Hac Vice, Rebecca A. Beynon , Kellogg, Huber, Hansen, Todd, Evans & Figel, P.L.L.C., Pro Hac Vice, Silvija Anna Strikis , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Christopher J. Walker , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Pro Hac Vice & Saritha K. Tice , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC (DC), Pro Hac Vice.

Mark Ramler, Defendant, represented by Beth Ann Tagliamonti , Winston & Strawn LLP (NY), Catherine W. Joyce , Winston & Strawn LLP (IL), Pro Hac Vice, Brian T. Fitzpatrick , Winston & Strawn LLP (NY), Calvin Kai-Xin Koo , Winston & Strawn LLP (NY), Caroline Jane Maxwell , Winston & Strawn LLP (NY), Lauren Elizabeth Cuneo , Winston & Strawn LLP (NY) & Ruth Anne Braun , Winston & Strawn LLP (NY).

Capgemini U.S. LLC, Defendant, represented by Gerald D. Silver , Winston & Strawn LLP (NY).

Kingdon Associates, Defendant, represented by M. William Munno , Seward & Kissel LLP.

Kingdon Partners, Defendant, represented by M. William Munno , Seward & Kissel LLP.

M. Kingdon Offshore NV, Defendant, represented by M. William Munno , Seward & Kissel LLP.

Kingdon Family Partnership, Defendant, represented by M. William Munno , Seward & Kissel LLP.

Credit Suisse First Boston Next Fund, Inc., Defendant, represented by Philip David Anker , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC).

LAB Morgan Corporation, Defendant, represented by Philip David Anker , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC).

ML IBK Positions, Inc., Defendant, represented by Philip David Anker , Wilmer, Cutler, Hale & Dorr, L.L.P. (NYC).

Robert Trosten, Defendant, represented by Gates Salyers Hurand , Morvillo, Abramowitz, Grand, Iason, Anello & Bohrer, P.C.

Frederick W. Gluck, Defendant, represented by Donald Lee Rosenthal , Hartman & Carven, LLP.

Mark Kavanagh, Consolidated Defendant, represented by David J. Kerstein , Gibson, Dunn & Crutcher, LLP (NY), Diana Michelle Feinstein , Gibson, Dunn & Crutcher, LLP (NY) & Mitchell Alan Karlan , Gibson, Dunn & Crutcher, LLP (NY).

Brian Owens, Consolidated Defendant, represented by David J. Kerstein , Gibson, Dunn & Crutcher, LLP (NY), Diana Michelle Feinstein , Gibson, Dunn & Crutcher, LLP (NY) & Mitchell Alan Karlan , Gibson, Dunn & Crutcher, LLP (NY).

CIM Ventures Inc., ADR Provider, represented by Jonathan Peter Hersey , Slater, Hersey, & Lieberman & Paul Spagnoletti , Davis Polk & Wardwell L.L.P..

Mayer Brown LLP, ADR Provider, represented by John S. Williams , Williams & Connolly LLP, Pro Hac Vice, Daniel P. Shanahan , Williams & Connolly LLP, Pro Hac Vice & Kevin M. Lovecchio , Williams & Connolly LLP, Pro Hac Vice.

John E. Koretz, ADR Provider, represented by Alison Grace Greenberg , The Law Offices of Alison Greenberg, LLC.

Deutsche Bank AG, ADR Provider, represented by Ruth Ellen Harlow , Linklaters, LLP.

Deutsche Bank Trust Company Americas, ADR Provider, represented by Ruth Ellen Harlow , Linklaters, LLP.

Robert Aaron, Counter Claimant, represented by Donald Albert Corbett , Lowenstein Sandler PC (NYC), Elliott Zvi Stein , Lowenstein Sandler PC (NYC), Ira Lee Sorkin , Lowenstein Sandler PC (NYC), Savannah Stevenson , Dickstein Shapiro LLP (NY) & Sean Collier , Lowenstein Sandler PC, Pro Hac Vice.

Kenneth M. Krys, as Joint Official Liquidators of Sphinx LTD, Sphinx Strategy Fund, LTD, Sphinx Plus SPC LTD, Sphinx Distressed LTD, Sphinx Merger Arbitrage LTD, Sphinx Macro LTD, Sphinx Long/Short Equity LTD, Sphinx Managed Futures LTD et al, Counter Defendant, represented by Dennis Blackhurst , Beus Gilbert PLLC, Pro Hac Vice, Derrick J. Stomberg , Beus Gilbert, P.L.L.C., L. Richard Williams , Herbert P. Minkel, Jr. Esq.,, Lee M. Andelin , Beus Gilbert PLLC, Leo R. Beus , Beus Gilbert PLLC, Pro Hac Vice, Malcolm Loeb , Beus Gilbert, P.L.L.C., Robert T. Mills , Beus Gilbert PLLC, Samuel R. Randall , Beus Gilbert, P.L.L.C., Pro Hac Vice, Thomas A. Connelly , Beus Gilbert, P.L.L.C., Timothy Joseph. Paris , Beus Gilbert PLLC, Andrew S. Dash , Brown Rudnick LLP (NYC), Britton M. Worthen , Beus Gilbert PLLC, Pro Hac Vice, David J. Molton , Brown Rudnick LLP (NYC), Mason Chandler Simpson , Brown Rudnick LLP (NYC) & Scot Christopher Stirling , Beus Gilbert PLLC.


ORDER

JED S. RAKOFF, District Judge.

On January 17, 2012, Special Master Daniel J. Capra issued a Report and Recommendation in the above-captioned case recommending that the Mayer Brown Defendants' motion to dismiss plaintiffs' claims be granted in part and denied in part. After the parties timely submitted their objections and responded thereto, the Court heard oral argument on February 28, 2012 and considered the entire matter de novo

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