In Re: Rhodia S.A. Securities Litigation

Plaintiffs:Bernard Cerles, Oppenheim Pramerica Asset Management S.A.R.L., Jose Jimenez and Pam Skeeter
Defendants:Rhodia S.A., Jean-Pierre Tirouflet, Gilles Auffret, Jean Pierre Clamadieu, Pierre Prot, Diana A. Audette, Benefits Committee Rhodia Inc., John Donahue, Kristie W. Evans, Fidelity Management Trust Company, Myron Galuskin, Blaise Halluitte, Guy McCormick, Rhodia, Inc., Cheryl Staton and The Investment Committee of Rhodia's Board of Directors
Movants:Activest, OPAM and Rhodia Lead Plaintiff Group
 
Case Number:1:2005md01714
Filed:October 25, 2005
 
Court:New York Southern District Court
Office:Foley Square Office [ Court Info ]
County:XX Out of State
Presiding Judge:Judge Deborah A. Batts
 
Nature of Suit:Other Statutes - Securities/Commodities/Exchanges
Cause:15:78m(a) Securities Exchange Act
Jurisdiction:Federal Question
Jury Demanded By:None
Date Filed # Docket Text
October 25, 2005 1 CERTIFIED TRUE COPY OF CONDITIONAL MDL TRANSFER IN ORDER FROM THE MDL PANEL... that pursuant to 28 U.S.C. 1407, the actions listed on the attached Order and pending in the District of New Jersey, case no. 2:05-cv-2461; Southern District of New York, case no. 1:05-cv-5389; and the same hereby are, transferred to the Southern District of New York, with the consent of that court, assigned to the Honorable Judge Deborah A. Batts, for coordinated or consolidated pretrial proceedings with the actions pending in that district and listed on the Order. (Signed by MDL Panel on 10/21/2005) (kkc, ) (Entered: October 25, 2005)
October 25, 2005 Magistrate Judge Andrew J. Peck is so designated. (kkc, ) (Entered: October 25, 2005)
October 25, 2005 CASE ORIGINATING FROM THE SOUTHERN DISTRICT OF NEW YORK: 1:05-cv-5389 (DAB). (kkc, ) (Entered: October 25, 2005)
December 6, 2005 2 CERTIFIED TRUE COPY OF CONDITIONAL MDL TRANSFER IN ORDER (CTO-1) FROM THE MDL PANEL... that pursuant to 28 U.S.C. 1407, the actions listed on the Order and pending in the District of New Jersey, case nos. 2:05-3016, 2:05-3053, and the same hereby are, transferred to the Southern District of New York, with the consent of that court, assigned to the Honorable Judge Deborah A. Batts, for coordinated or consolidated pretrial proceedings with the actions pending in that district and listed on the Order. (Signed by MDL Panel on 11/14/2005) (kkc, ) (Entered: 12/07/2005)
February 8, 2006 3 CASE MANAGEMENT PLAN: 1: All attorneys who have been admitted to this Court, either for all purposes or pro hac vice for purposes of this case, shall complete & file a CM/ECF attorney registration form (which can be found on the court's website at www.nysd.uscourts.gov.); All attorneys who wish to be admitted for purposes of this case shall send a motion to be admitted pro hac vice to John Sacco at the United States District Court for the Southern District of New York, 500 Pearl Street, Room 249, New York, NY 10007. In addition to the documentation required by the Local Rules for the Southern & Eastern Districts of NY, Civil Rule 1.3, attorneys wishing to appear pro hac vice must also include w/their motion a check for $25.00 payable to the Clerk of the Court & a completed CM/ECF attorney registration form; All documents filed in the MDL case & the underlying civil cases shall be filed electronically on the court's ECF system via the Internet at ecf.nysd.uscourts.gov; Amended complaints & supplemental pleadings shall provide a list of the additional parties & indicate the action or actions to which they are being added. Similarly, a filing removing parties shall indicate the parties being removed and the action or actions from which they are being removed. A filing which adds a party or parties who has not been named in any of the consolidated actions shall provide a separate listing of such parties, indicating that they have not yet been named. (Signed by Judge Deborah A. Batts on 2/6/06) Filed In Associated Cases: 1:05-md-01714-DAB,1:05-cv-05389-DAB,1:05-cv-09074-DAB,1:05-cv-10242-DAB,1:05-cv-10243-DAB(rjm, ) (Entered: 02/08/2006)
April 12, 2006 4 ORDER on attached Motion for Admission pro hac vice of attorneys Stanley Scott Mallison and Hector Rodriguez Martinez on behalf of Plaintiff Jose Jimenez. (Signed by Judge Deborah A. Batts on 4/10/06) Filed In Associated Cases: 1:05-md-01714-DAB,1:05-cv-10242-DAB(rjm, ) (Entered: April 14, 2006)
April 24, 2006 CASHIERS OFFICE REMARK on 4 Order, in the amount of $50.00, paid on 4/24/06, Receipt Number 577360. (rjm, ) (Entered: 04/28/2006)
May 9, 2006 5 STIPULATION TO CONSOLIDATE RELATED ACTIONS, APPOINT LEAD COUNSEL AND ORDER... that the following actions are hereby consolidated for all purposes, including pre-trial proceedings and trial, purs. to F.R.C.P. 42(a): Jimenez v Rhodia (SDNY #05-10242), and Skeeter v Rhodia (SDNY #05-10243). These cases have already been transferred to this Court and consolidated... and as further set forth regarding the procedures to be followed that shall govern related actions, and appointment of lead counsel. (Signed by Judge Deborah A. Batts on 5/9/06) Filed In Associated Cases: 1:05-md-01714-DAB,1:05-cv-10242-DAB,1:05-cv-10243-DAB(rjm, ) (Entered: May 10, 2006)
May 31, 2006 6 ORDER APPOINTING LEAD PLAINTIFF, AND APPROVING SELECTION OF LEAD COUNSEL. The Motion is granted; This Case shall be referred to hereinafter as "In Rhodia Securities Litigation" MDL Docket No. 1714; OPAM and Activest are the "most adequate plaintiff(s)" and accordingly, are appointed Lead Plaintiff purs. to 15USC78u-4(a)(3)(B)(iii); Milberg Weiss Bershad & Schulman LLP is appointed Lead Counsel purs. to 15USC78u-4(a)(3)(B)(v). (Signed by Judge Deborah A. Batts on 5/31/06) Filed In Associated Cases: 1:05-md-01714-DAB,1:05-cv-05389-DAB(rjm, ) (Entered: 06/01/2006)
August 4, 2006 7 CONSOLIDATED COMPLAINT (this document relates to 05cv10242, 05cv10243) against Jean Pierre Clamadieu, Pierre Prot, Diana A. Audette, Benefits Committee Rhodia Inc., John Donahue, Fidelity Management Trust Company, Guy McCormick, Rhodia, Inc., Cheryl Staton, The Investment Committee of Rhodia's Board of Directors, Jean-Pierre Tirouflet, Gilles Auffret.Document filed by Jose Jimenez, Pam Skeeter.(kkc, ) (Entered: August 15, 2006)
August 17, 2006 8 STIPULATION AND ORDER (this document relates to 05cv5389, 05cv9074); plaintiffs shall have until 9/29/2006 to serve and file their consolidated class action complaint. Defendants shall serve and file their answer, motion or other responsive pleading to the consolidated amended class action complaint 30 days after the filing and service of the consolidated amended class action complaint. No further extensions. (Signed by Judge Deborah A. Batts on 8/16/2006) Filed In Associated Cases: 1:05-md-01714-DAB,1:05-cv-05389-DAB,1:05-cv-09074-DAB(kkc, ) (Entered: 08/17/2006)
August 29, 2006 9 ENDORSED LETTER addressed to Judge Deborah A. Batts from Maria T. Vullo dated 8/25/06 re: Defts' request that the Court modify the August 17, 2006 Stipulation & Order to allow Defendants at least 60 days to file and serve their answer, motion or other responsive pleading to the Consolidated Amended Class Action Complaint... "Granted." (Signed by Judge Deborah A. Batts on 8/29/06) (rjm, ) (Entered: August 30, 2006)
October 9, 2006 10 NOTICE OF APPEARANCE by William H. Narwold on behalf of Activest, Oppenheim Pramerica Asset Management S.A.R.L. (Narwold, William) (Entered: October 9, 2006)
November 6, 2006 11 NOTICE OF APPEARANCE by Kirk e. Chapman on behalf of Oppenheim Pramerica Asset Management S.A.R.L. (Chapman, Kirk) (Entered: November 6, 2006)
November 17, 2006 12 ENDORSED LETTER addressed to Judge Deborah A. Batts from Martin Flumenbaum dated 11/14/06 re: that the Court grant defendants permission to submit a memorandum of law of no more than forty-five pages in support of defendants' motion to dismiss the complaint. (Signed by Judge Deborah A. Batts on 11/17/06) Filed In Associated Cases: 1:05-md-01714-DAB,1:05-cv-05389-DAB(rjm, ) (Entered: November 21, 2006)
November 17, 2006 13 ORDER adding Motley Rice LLC as Co-Lead Counsel... that the motion of Lead Plaintiffs Activest and OPAM to add Motley Rice LLC as Co-Lead Counsel in the entitled action (05cv5389) is granted... and as further set forth in said order. (Signed by Judge Deborah A. Batts on 11/17/06) Filed In Associated Cases: 1:05-md-01714-DAB,1:05-cv-05389-DAB(rjm, ) (Entered: 11/21/2006)
November 29, 2006 14 ORDER ADMITTING ATTORNEY PRO HAC VICE. Attorney Stuart J. Guber for Activest and Oppenheim Pramerica Asset Management S.A.R.L. admitted Pro Hac Vice. (Signed by Judge Deborah A. Batts on 11/16/06) (rjm, ) (Entered: November 30, 2006)
December 13, 2006 15 STIPULATION AND ORDER SETTING BRIEFING SCHEDULE Replies due by 3/2/2007. Responses to Motion to Dismiss due by 1/31/2007... and as further set forth in said stipulation & order setting briefing schedule. (Signed by Judge Deborah A. Batts on 12/13/06) Filed In Associated Cases: 1:05-md-01714-DAB,1:05-cv-10242-DAB(rjm, ) (Entered: December 14, 2006)
December 13, 2006 16 STIPULATION AND ORDER SETTING BRIEFING SCHEDULE FOR PLAINTIFFS' OPPOSITION TO DEFENDANTS' MOTION TO DISMISS AND DEFENDANTS' REPLY TO PLAINTIFFS' OPPOSITION. Replies due by 3/2/2007. Responses to Motion to Dismiss due by 1/31/2007... and as further set forth in said stipulation & order setting briefing schedule. (Signed by Judge Deborah A. Batts on 12/13/06) Filed In Associated Cases: 1:05-md-01714-DAB,1:05-cv-05389-DAB(rjm, ) (Entered: December 14, 2006)
January 17, 2007 17 NOTICE of Change of Law Firm Name. Document filed by Oppenheim Pramerica Asset Management S.A.R.L.. (Chapman, Kirk) (Entered: January 17, 2007)
January 22, 2007 19 ORDER ADMITTING ATTORNEY PRO HAC VICE. Attorney Christopher Polaszek for Oppenheim Pramerica Asset Management S.A.R.L. admitted Pro Hac Vice. (pdf on K-Drive 1/25/07). (Signed by Judge Deborah A. Batts on 1/22/07) Filed In Associated Cases: 1:05-md-01714-DAB, 1:05-cv-05389-DAB(rjm) (Entered: January 25, 2007)
January 25, 2007 18 NOTICE OF APPEARANCE by Anna C. Dover on behalf of Oppenheim Pramerica Asset Management S.A.R.L. Filed In Associated Cases: 1:05-md-01714-DAB, 1:05-cv-05389-DAB(Dover, Anna) (Entered: 01/25/2007)
January 29, 2007 20 NOTICE OF APPEARANCE by Vincent Ian Parrett on behalf of Oppenheim Pramerica Asset Management S.A.R.L., Activest Investmentgesellschaft mbH Filed In Associated Cases: 1:05-md-01714-DAB, 1:05-cv-05389-DAB, 1:05-cv-09074-DAB, 1:05-cv-10242-DAB, 1:05-cv-10243-DAB(Parrett, Vincent) (Entered: January 29, 2007)
January 30, 2007 21 ENDORSED LETTER addressed to Judge Deborah A. Batts from Anna C. Dover dated 1/29/07 re: Granting request of Plaintiffs Oppenheim Pramerica Asset Management S.A.R.L. and Activest Investmentgesellschaft mbH for permission to ecxeed the 25 page limit imposed by Your Honor's Rules and submit a memorandum of law of no more than 45 pages in opposition to Defts' Motion to Dismiss the Consolidated Amended Class Action Complaint, which is to be filed on or before 1/31/07. (Signed by Judge Deborah A. Batts on 1/30/07) Filed In Associated Cases: 1:05-md-01714-DAB, 1:05-cv-05389-DAB(rjm) (Entered: January 31, 2007)
January 31, 2007 22 MEMORANDUM OF LAW in Opposition re: (23 in 1:05-cv-05389-DAB) MOTION to Dismiss with Prejudice the First Amended Consolidated Class Action Complaint.. Document filed by Oppenheim Pramerica Asset Management S.A.R.L., Activest Investmentgesellschaft mbH. Filed In Associated Cases: 1:05-md-01714-DAB, 1:05-cv-05389-DAB(Polaszek, Christopher) (Entered: January 31, 2007)
January 31, 2007 23 DECLARATION of Stuart J. Guber in Opposition re: (23 in 1:05-cv-05389-DAB) MOTION to Dismiss with Prejudice the First Amended Consolidated Class Action Complaint.. Document filed by Oppenheim Pramerica Asset Management S.A.R.L., Activest Investmentgesellschaft mbH. Filed In Associated Cases: 1:05-md-01714-DAB, 1:05-cv-05389-DAB(Polaszek, Christopher) (Entered: 01/31/2007)
February 14, 2007 24 STIPULATED ORDER CONTINUING FILING DATE OF PLAINTIFFS' RESPONSE TO DEFTS' MOTION TO DISMISS re: (16 in 1:05-md-01714-DAB, 16 in 1:05-md-01714-DAB) Order, Set Deadlines/Hearings,,, Set Deadlines/Hearing as to (16 in 1:05-md-01714-DAB, 16 in 1:05-md-01714-DAB) Order, Set Deadlines/Hearings,, (23 in 1:05-cv-10242-DAB) MOTION to Dismiss Plaintiffs' Consolidated Complaint., (6 in 1:05-cv-09074-DAB, 23 in 1:05-cv-05389-DAB) MOTION to Dismiss with Prejudice the First Amended Consolidated Class Action Complaint., (15 in 1:05-cv-10243-DAB) MOTION to Dismiss Plaintiffs' Consolidated Complaint. : Responses due by 4/1/2007 Replies due by 5/1/2007. (Signed by Judge Deborah A. Batts on 2/14/07) Filed In Associated Cases: 1:05-md-01714-DAB, 1:05-cv-05389-DAB, 1:05-cv-09074-DAB, 1:05-cv-10242-DAB, 1:05-cv-10243-DAB(rjm) (Entered: February 15, 2007)
February 26, 2007 25 ENDORSED LETTER addressed to Judge Deborah A. Batts from Andrew G. Gordon dated 2/23/07 re: GRANTED request for permission to exceed the ten-page limit imposed by Your Honor's Rules and submit a memorandum of law of no more than twenty-five pages in further support of defendants' motion to dismiss the consolidated amended class action complaint, and granting defendants request for an additional two weeks from 3/2/07 in which to file their reply.Replies due by 3/16/2007. (Signed by Judge Deborah A. Batts on 2/26/07) Filed In Associated Cases: 1:05-md-01714-DAB, 1:05-cv-05389-DAB(rjm) (Entered: February 27, 2007)
April 5, 2007 26 STIPULATION AND ORDER CONTINUING FILING DATE OF PLAINTIFFS' RESPONSE TO DEFENDANTS' MOTION TO DISMISS... Defts' Reply due by 7/2/2007, Ptffs' Response to defts' motion to dismiss due by 6/1/2007. (Signed by Judge Deborah A. Batts on 4/5/07) Filed In Associated Cases: 1:05-md-01714-DAB, 1:05-cv-10242-DAB(rjm) (Entered: April 6, 2007)
September 26, 2007 27 MEMORANDUM & ORDER. For the reasons contained herein, Moving Defendants' Motion to Dismiss the Complaint is GRANTED as to the Foreign Plaintiffs and as to individual Defendants Auffret and Clamadieu. Lead Plaintiffs are granted leave to amend the Section 10(b) and Section 20(a) claims by Remaining Plaintiffs within 45 days of the date of this Order in accordance with the conclusions stated in this Memorandum and Order... Lead Plaintiffs shall show cause within 45 days of the date of this Memorandum & Order why Remaining Plaintiffs' remaining claims against Defendant Sanofi-Aventis, S.A. should not be dismissed for failure to prosecute... Should Lead Plaintiffs fail within 45 days of the date of this Memorandum & Order to show cause, Lead Plaintiffs shall have their claims against Defendant Sanofi-Aventis, S.A. dismissed in their entirety for failure to prosecute. Lead Plaintiffs' showing of good cause, if any, shall be made by affidavit... and as further set forth in said memorandum and order. (Signed by Judge Deborah A. Batts on 9/26/07) Filed In Associated Cases: 1:05-md-01714-DAB, 1:05-cv-05389-DAB(rjm) (Entered: September 27, 2007)
September 27, 2007 28 ORDER. On 6/22/07, the parties informed the Court that they had reached an agreement to settle to the litigation and expected to forward preliminary approval papers within 60 days of that date. In that letter the Defendants agreed to withdraw their Motion to Dismiss without prejudice. On 9/12/07, the parties wrote to the Court seeking to forward preliminary approval papers within forty-five days. To date, Defendants have not withdrawn their Motion to Dismiss. Defendants shall do so within ten days of the date of this Order. Failure to do so shall result in no further extensions in forwarding the preliminary approval papers to Chambers. (Signed by Judge Deborah A. Batts on 9/27/07) Filed In Associated Cases: 1:05-md-01714-DAB, 1:05-cv-05389-DAB, 1:05-cv-09074-DAB, 1:05-cv-10242-DAB, 1:05-cv-10243-DAB(rjm) (Entered: September 28, 2007)
January 29, 2008 29 ORDER Preliminarily Approving Settlement; Certifying Settlement Class for Purposes of Settlement; Approving Form and Manner of Notice; and Scheduling Fairness Hearing... A Fairness Hearing purs. to Fed. R. Civ. P. 23(e) is hereby Scheduled to be held before the Court on 6/13/08, at 10:30am. in Crtrm. 24B... and as further set forth in said Order. (Signed by Judge Deborah A. Batts on 1/29/08) Filed In Associated Cases: 1:05-md-01714-DAB, 1:05-cv-05389-DAB, 1:05-cv-09074-DAB, 1:05-cv-10242-DAB, 1:05-cv-10243-DAB(rjm) (Entered: January 30, 2008)
June 13, 2008 30 ORDER AND FINAL JUDGMENT: That the settlement is approved, the Court confirms that the action may proceed as a class action, the Court decrees that neither the settlement nor the approval of the settlement is an admission of any wrongdoing, the Court awards attorney's fees and costs, and the Court retains jurisdiction for purposes of implementing the agreement. (Signed by Judge Deborah A. Batts on 6/13/08) (jf) (Additional attachment(s) added on 6/13/2008: # 1 notice of right to appeal) (jf). Modified on 6/16/2008 (gf). (Additional attachment(s) added on 6/20/2008: # 1 judgment) (ml). (Entered: June 16, 2008)
June 13, 2008 31 ORDER APPROVING PLAN OF ALLOCATION: granting 39 Motion [in case no. 05-10242] to Approve Plan of Allocation. The Court will retain jurisdiction over the Plan of Allocation to the extent necessary to ensure that it is fully and fairly implemented. SO ORDERED. Relates to 05cv10242 (entered as Doc. No. 45) and 05md1714. (Signed by Judge Deborah A. Batts on 6/13/08) (rjm) (Entered: June 17, 2008)
Search for this case: In Re: Rhodia S.A. Securities Litigation
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Plaintiff: Bernard Cerles
Represented By: Gary Steven Graifman
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Plaintiff: Oppenheim Pramerica Asset Management S.A.R.L.
Represented By: Kirk e. Chapman, Stuart J. Guber, William H. Narwold, Christopher S. Polaszek, Steven G. Schulman
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Defendant: Rhodia S.A.
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Defendant: Jean-Pierre Tirouflet
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Defendant: Gilles Auffret
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Defendant: Jean Pierre Clamadieu
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Defendant: Pierre Prot
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Movant: Activest
Represented By: Stuart J. Guber, William H. Narwold, Patrick Louis Rocco
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Movant: OPAM
Represented By: Patrick Louis Rocco
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Movant: Rhodia Lead Plaintiff Group
Represented By: Peter S. Pearlman
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Defendant: Diana A. Audette
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Defendant: Benefits Committee Rhodia Inc.
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Defendant: John Donahue
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Defendant: Kristie W. Evans
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Defendant: Fidelity Management Trust Company
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Defendant: Myron Galuskin
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Defendant: Blaise Halluitte
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Plaintiff: Jose Jimenez
Represented By: Jeffrey Paul Fink, Richard P. Galler, Stanley Scott Mallison, Hector Rodriguez Martinez
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Defendant: Guy McCormick
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Defendant: Rhodia, Inc.
Represented By: Jill Barbarino, Deborah Shannon Davidson, Charles Clark Jackson, John Thomas McDonald, Melissa C. Rodriguez, Christopher Alan Weals
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Defendant: Cheryl Staton
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Defendant: The Investment Committee of Rhodia's Board of Directors
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Plaintiff: Pam Skeeter
Represented By: Jeffrey Paul Fink, Richard P. Galler
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