Albert Fadem Trust v. Duke Energy Corp.
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM ORDER
RAKOFF, District Judge.
As of July 26, 2002, no fewer than twelve federal securities actions have been filed in the Southern District of New York (and consolidated before this Court) against Duke Energy Corporation (a North Carolina corporation with its principal place of business in Charlotte), several of its officers and directors, its outside auditors Deloitte & Touche, LLP, and certain underwriters of recent offerings of Duke Energy’s securities. Defendants move to transfer all cases filed in the Southern District of New York to the Western District of North Carolina,…
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