Securities Litigation: Top Tankers

In re Top Tankers, Inc. Securities Litigation
USDC SD New York
Restatement; Foreign Company

Company background

Litigation background

Lead plaintiffs

Complaint

Financial Restatement Announcement

accounting treatment of the sale and leaseback
transactions

Motion to appoint lead plaintiff

Responses

Replies

Magistrate recommendations

Opinion

Memorandum decision and order accepting the recommendation of the Hon. Kevin N. Fox, USMJ to consolidate the ten above-captioned actions and rejecting the recommendation of the Hon. Kevin N. Fox concerning lead plaintiffs/lead counsel appointments, and instead appointing Joseph A. Deshayes, Jr., as lead plaintiff in the ten consolidated actions: Re Report and Recommendation amended pleadings due by 8.17.07. Deposition due by 11.09.07. Motions due by 9.20.07. Responses due by 10.12.07. Replies due by 10.19.07. The consolidated cases should go forward under the heading "in re: Top Tankers, Inc. Securities Litigation" using the lowest docket number (06cv13761). Joseph Deshayes is best suited to serve as lead plaintiff in this action, and that his designated counsel-Schiffin Barroway Topaz & Kessler, LLP and Labaton Sucharow & Rudoff LLP- are best suited to serve as lead counsel and liaison counsel. (Signed by Judge Colleen McMahon on 7.30.07) Filed in associated cases: 1:06-cv-13761-cm et al.(kco) (Entered: 8.01.07)

Motion to dismiss