District Court, D. New Jersey April 16, 2001, 98-CV-1664(WHW) (In Re Cendant Corp. Securities Litigation)

OPINION

Walls, District Judge.

Ernst

&

Young (“E & Y”) moves to dismiss all Amended Cross-Claims by Cendant against it on various theories. Oral argument was heard January 22, 2001, and the Court requested additional submissions on the issue of how settlement proceeds could be allocated to the plaintiffs’ Section 10 and Section 11 claims, if at all.