Legal Opinion

In Re WorldCom, Inc. Securities Litigation

District Court, S.D. New York

Decided November 21, 2003No. 02 Civ. 3288(DLC), 03 Civ. 6592PublishedCited by 155 opinions

1Opinion of the Court

OPINION & ORDER

COTE, District Judge.

On June 25, 2002, WorldCom, Inc. (‘WorldCom”) declared that it would undertake a massive restatement of its financial statements. Shortly thereafter, it filed the largest bankruptcy in United States history.

Even before WorldCom’s June 25 announcement, the first class action alleging WorldCom claims was filed in the Southern District of New York on April 30, 2002 and assigned to this Court. Subsequent class actions were filed here and transferred to this Court by the Judicial Panel on Multi-District Litigation (“MDL Panel”). The class actions were…

2Cases cited42 opinions

  1. Mallard v. United States Dist. Court for Southern Dist. of IowaSupreme Court of the United States · 1989
  2. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  3. Robinson v. Shell Oil Co.Supreme Court of the United States · 1997
  4. American Pipe & Construction Co. v. UtahSupreme Court of the United States · 1974
  5. Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983

37 more not listed; retrieve them via the Exa API.

3Cited by155 opinions

  1. In Re Refco, Inc. Securities LitigationDistrict Court, S.D. New York · 2007
  2. California Public Employees' Retirement System v. WorldCom, Inc.Court of Appeals for the Second Circuit · 2004
  3. Wyser-Pratte Management Co., Inc. v. Telxon Corporation, Pricewaterhousecoopers, LLPCourt of Appeals for the Sixth Circuit · 2005
  4. In Re Initial Public Offering Securities Lit.District Court, S.D. New York · 2005
  5. Hevesi v. Citigroup Inc.Court of Appeals for the Second Circuit · 2004

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