Lead Optionable Plaintiff Begs Court For Access

Law360, New York (October 7, 2008, 12:00 AM EDT) -- The plaintiffs in shareholder litigation against Optionable Inc. are asking the court to partially lift a discovery stay so they can obtain a crucial report that, they say, will allow them to amend their complaint and continue pursuing their case against the energy derivatives brokerage.

On Monday, lead plaintiff KLD Investment Management asked the U.S. District Court for the Southern District of New York to allow it to get its hands on some additional information, which, it said, will form the cornerstone of a revamped argument....
To view the full article, register now.