A federal judge appeared poised Friday to block a novel approach to circumventing lead plaintiff orders in securities class actions.

San Jose U.S. District Judge Ronald Whyte issued a tentative ruling Thursday, the day before a hearing in In re McKesson HBOC Inc. Securities Litigation, 99-20743, saying the court was “inclined” to side with lead plaintiff’s counsel. New York’s Bernstein Litowitz Berger & Grossmann is trying to block solicitations by another firm attempting to bring a slew of individual suits against McKesson outside the pending class action.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]