Patel v. L-3 Communications Holdings, Inc. et al

Filing 55

MEMORANDUM OPINION & ORDER: IT IS HEREBY ORDERED that no later than March 10, 2016, the parties must submit supplemental letter briefs, no more than five pages long, addressing whether the SCAC adequately alleges that all of the employees who were fi red in connection with the accounting irregularities engaged in intentional misconduct and, if so, whether the scienter of one or more of those former employees can be imputed to L-3, given their managerial positions at Aerospace Systems. SO ORDERED. (Brief due by 3/10/2016.) (Signed by Judge Valerie E. Caproni on 3/4/2016) Filed In Associated Cases: 1:14-cv-06038-VEC, 1:14-cv-06182-VEC, 1:14-cv-06939-VEC(kko)

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
-------------------------------------------------------------X
ZUBAIR PATEL, individually and on behalf of all:
others similarly situated,
:
:
Plaintiff,:
:
:
-against:
:
L-3 COMMUNICATIONS HOLDINGS INC.,
:
MICHAEL T. STRIANESE, and RALPH G.
:
D’AMBROSIO,
:
Defendants,:
-------------------------------------------------------------- X
ALAN NGUYEN, individually and on behalf of all :
:
others similarly situated,
:
Plaintiff, :
:
:
-against:
:
L-3 COMMUNICATIONS HOLDINGS INC.,
:
MICHAEL T. STRIANESE, and RALPH G.
:
D’AMBROSIO,
:
Defendants. :
-------------------------------------------------------------- X
:
CARMEN VALENTINO, individually and on
:
behalf of all others similarly situated,
:
Plaintiff,:
:
:
-against:
:
L-3 COMMUNICATIONS HOLDINGS INC.,
:
MICHAEL T. STRIANESE, and RALPH G.
:
D’AMBROSIO,
:
Defendants.:
-------------------------------------------------------------- X

USDC SDNY
DOCUMENT
ELECTRONICALLY FILED
DOC #:
3/4/16
DATE FILED:

14-CV-6038 (VEC)
MEMORANDUM
OPINION & ORDER

14-CV-6182 (VEC)

14-CV-6939 (VEC)

VALERIE CAPRONI, United States District Judge:
WHEREAS on April 24, 2015, Defendants filed a Motion to Dismiss the Second
Consolidated Amended Complaint in (SCAC) the cases captioned above; and
WHEREAS the parties appeared for oral argument on March 4, 2016;
IT IS HEREBY ORDERED that no later than March 10, 2016, the parties must submit
supplemental letter briefs, no more than five pages long, addressing whether the SCAC
adequately alleges that all of the employees who were fired in connection with the accounting
irregularities engaged in intentional misconduct and, if so, whether the scienter of one or more of
those former employees can be imputed to L-3, given their managerial positions at Aerospace
Systems.

SO ORDERED.
Date: March 4, 2016
New York, New York

_________________________________
____________________________
_
VALERIE CAPRONI
ALERIE
United States District Judge