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LOCAL 210 UNITY PENSION AND WELFARE FUNDS v. McDERMOTT INTERNATIONAL INC.

Civil Action No. 4:13-CV-2393.

LOCAL 210 UNITY PENSION AND WELFARE FUNDS, INDIVIDUALLY AND ON BEHALF OF ALL OTHERS SIMILARLY SITUATED, et al, Plaintiffs, v. McDERMOTT INTERNATIONAL INC, et al, Defendant.

United States District Court, S.D. Texas, Houston Division.

March 13, 2015.

Attorney(s) appearing for the Case

State-Boston Retirement Systems, Plaintiff, represented by Damon Joseph Chargois , Mashayekh & Chargois, P.C. & Michael W Stocker , Labaton Sucharow LLP.

PAMCAH-UA Local 675 Pension Fund, Plaintiff, represented by Danielle S Myers , Robbins Geller Rudman & Dowd LLP, Jonah H Goldstein , Robbins Geller Rudman & Dowd, LLP, Andrew M Edison , Edison, McDowell & Hetherington, LLP & Ashley M. Robinson , Robbins Geller et al.

Jacksonville Police and Fire Pension Fund, Plaintiff, represented by Blair A Nicholas , Bernstein Litowitz Berger & Grossman, David R Kaplan , Bernstein Litowitz Berger & Grossman LLP, Thomas Robert Ajamie , Ajamie LLP & Timothy A. DeLange , Bernstein Litowitz et al.

Louisiana Municipal Police Employees' Retirement System, Plaintiff, represented by Blair A Nicholas , Bernstein Litowitz Berger & Grossman, David R Kaplan , Bernstein Litowitz Berger & Grossman LLP, Thomas Robert Ajamie , Ajamie LLP & Timothy A. DeLange , Bernstein Litowitz et al.

Jerad Flood, Consol Plaintiff, represented by Jerad Flood Pro se,

McDermott International Inc, Defendant, represented by David D Sterling , Baker Botts LLP.

Stephen M Johnson, Defendant, represented by David D Sterling , Baker Botts LLP.

Perry L. Elders, Defendant, represented by David D Sterling , Baker Botts LLP.

Thomas Sauriol, Defendant, represented by Mark Alan Junell , The Junell Law Firm PC & Nicholas I. Porritt , Levi Korsinsky LLP.

MEMORANDUM OPINION AND ORDER

I. INTRODUCTION

In this consolidated securities fraud class action, PAMCAH-UA Local 675 Pension Fund (the "plaintiff") brings suit against McDermott International, Inc. ("McDermott" or the "Company"), Stephen M. Johnson ("Johnson"), former President...

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