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IN RE MAGNUM HUNTER RESOURCES CORP. SEC. LITIG.

No. 13 Civ. 2668(KBF).

26 F.Supp.3d 278 (2014)

IN RE MAGNUM HUNTER RESOURCES CORPORATION SECURITIES LITIGATION.

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

Signed June 23, 2014.

Attorney(s) appearing for the Case

Stephen Douglas Bunch, Steven Jeffrey Toll, Cohen Milstein Sellers & Toll PLLC, Washington, DC, Michael Benjamin Eisenkraft, Cohen Milstein Sellers & Toll P.L.L.C., Brian Philip Murray, Gregory Bradley Linkh, Glancy Binkow & Goldberg LLP, New York, NY, Casey Edwards Sadler, Lionel Z. Glancy, Michael M. Goldberg, Robert Vincent Prongay, Glancy Binkow & Goldberg LLP, Los Angeles, CA, Howard G. Smith, Smith & Smith, Bensalem, PA, Sean M. Handler, Kessler Topaz Meltzer & Check, LLP, Radnor, PA, for Plaintiff.

Gerard G. Pecht, Fulbright & Jaworski L.L.P., Houston, TX, Peter Andrew Stokes, Fulbright & Jaworski LLP, Austin, TX, Adam Selim Hakki, Daniel Craig Lewis, Darren Keller Ishmael, Shearman & Sterling LLP, New York, NY, for Defendant.

OPINION & ORDER

Over a relatively short period, Magnum Hunter Resources Corporation ("Magnum Hunter") significantly expanded its operations and added to its accounting complexity. Commencing in early 2012 — and proceeding in a manner akin to "death by a thousand cuts" — it...

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