NPR appointed Co-Lead Counsel in Salomon Smith Barney litigation
March 12, 2003
On Wednesday, March 12, 2003, United States District Judge Gerald Lynch appointed Nix, Patterson & Roach, LLP to serve as Co-Lead Counsel for the Lead Plaintiffs in In Re Salomon Analyst Metromedia Litigation. The consolidated case is a securities fraud class action, pending in the United States District Court for the Southern District of New York. The Lead Plaintiffs assert securities fraud claims against Citigroup, Salomon Smith Barney, and analyst Jack Grubman. Nix, Patterson & Roach represents the Lead Plaintiffs on behalf of a proposed class of investors who bought and/or sold shares of Metromedia Fiber Network during the class period.