Frank v. Dana Corp.

*172ORDER

CARR, Chief Judge.

This is a securities case. Multiple plaintiffs have brought suit against Dana Corporation and some of its corporate officers alleging the company misstated its earnings, artificially inflating the value of its stock, in violation of the Securities Exchange Act of 1934. 15 U.S.C. §§ 78j(b), 78t(a). Jurisdiction exists under 28 U.S.C. § 1331.

Pending is the Pension Trust Fund Group’s (PTFG) motion for reconsideration of this Court’s Order appointing the City of Philadelphia lead plaintiff. For the following reasons, that motion will be granted.

Procedural Background

PTFG and…