Free Motion to Dismiss for Failure to State a Claim - District Court of Delaware - Delaware


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Case 1:07-cv-00265-SLR-LPS

Document 36

Filed 09/14/2007

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UNITED STATES DISTRICT COURT FOR THE DISTRICT OF DELAWARE COLLINS & AIKMAN CORPORATION and COLLINS & AIKMAN PRODUCTS CO., as Debtors in Possession, Plaintiffs,
go

C.A. No. 07-265-*** Electronically Filed

DAVID A. STOCKMAN, J. MICHAEL STEPP, GERALD E. JONES, BRYCE M. KOTH, DAVID R. COSGROVE, PAUL C. BARNABA, ROBERT A. KRAUSE, JOHN A. GALANTE, CHARLES E. BECKER, ELKIN B. MCCALLUM, THOMAS E. EVANS, CYNTHIA HESS, DANIEL P. TREDWELL, W. GERALD MCCONNELL, SAMUEL VALENTI, III, HEARTLAND INDUSTRIAL PARTNERS, L.P., HEARTLAND INDUSTRIAL ASSOCIATES, L.L.C., HEARTLAND INDUSTRIAL GROUP, L.L.C., PRICEWATERHOUSECOOPERS, LLP and KPMG LLP. Defendants.

MOTION TO DISMISS ALL CLAIMS AGAINST DEFENDANT PAUL C. BARNABA Defendant Paul C. Barnaba, by and through his undersigned counsel and pursuant to the Private Securities Litigation Reform Act of 1995, 15 U.S.C. ยงยง 78u-4(b)(1) and (2) (2006) (the "PSLRA") and Rules 9(b) and 12(b)(6) of the Federal Rules of Civil Procedure, hereby respectfully moves to dismiss the claims Plaintiffs attempt to raise against him pursuant to Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, Section 14(a) of the Exchange Act and Rule 14a-9 thereunder, and the common law of the state of Delaware in the above-captioned litigation.

Case 1:07-cv-00265-SLR-LPS

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In support of this motion, Mr. Barnaba relies on his Opening Brief filed contemporaneously herewith, and states that the Complaint fails to state a claim upon which relief may be granted and further fails to satisfy the pleading requirements of the PSLRA and Fed. R. Civ. P. 9(b). WHEREFORE Mr. Barnaba respectfully requests that the Court dismiss Plaintiffs' claims against him in their entirety, with prejudice; and grant Mr. Barnaba such other and further relief as the Court deems just and proper.

Dated: September 14, 2007 Wilmington, Delaware

Respectfully submitted,

Thorff'as-G. Macauley (ID No. 3411) Elizabeth D. Power (ID No. 4135) ZUCKERMAN SPAEDER LLP 919 Market Street, Suite 990 Wilmington, DE 19801 (302) 427-0400 Telephone (302) 427-8242 Fax -andCarl S. Kravitz, Esq. Lenora Miles Rigby, Esq. ZUCKERMAN SPAEDER LLP 1800 M Street, N.W., Suite 1000 Washington, D.C. 20036 (202) 778-1800 Telephone (202) 822-8106 Fax -andLaura Neish, Esq. ZUCKERMAN SPAEDER LLP 1540 Broadway, Suite 1604 New York, NY 10036 (212) 704-9600 Telephone (212) 704-4256 Fax Attorneys for Defendant Paul Barnaba

Case 1:07-cv-00265-SLR-LPS

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CERTIFICATE OF SERVICE I hereby certify that on September 14, 2007, I caused to be electronically filed the "Motion to Dismiss All Claims Against Defendant Paul C. Bamaba" with the Clerk of Court using CM/ECF, which will send notification of such filing to the following: Joseph A. Rosenthal, Esquire and Carmella P. Keener, Esquire, Rosenthal, Monhait & Goddess, P.A., 919 N. Market Street, Suite 1401, Wilmington, DE 19801; Thomas P. Preston, Esquire, Blank Rome LLP, 1201 Market Street, Suite 800, Wilmington, DE 19801; Anne C. Foster, Esquire and Robert J. Steam Jr., Esquire, Richards Layton & Finger P.A., One Rodney Square, 920 N. King Street, Wilmington, DE 19801; Andrew Auchincloss Lundgren, Esquire, Young Conaway Stargatt & Taylor LLP, 1000 West Street, 17th Floor, Wilmington, DE 19801; James Holzman, Esquire and J. Clayton Athey, Esquire, Prickett, Jones & Elliott, P.A., 1310 King Street, Wilmington, DE 19801; Michael J. Maimone, Esquire and Joseph Benedict Cicero, Esquire, Edwards Angell Palmer & Dodge LLP, 919 N. Market Street, 15th Floor, Wilmington, DE 19801; Peter B. Ladig, Esquire and Stephen B. Brauerman, Esquire, The Bayard Firm, 222 Delaware Avenue, Suite 900, P.O. Box 25130, Wilmington, DE 19899; and Vernon R. Proctor, Esquire, Proctor Heyman LLP, 1116 West Street, Wilmington, DE 19801. I further certify that on September 14, 2007, I caused to be mailed first class United States mail, postage prepaid, the document to the following non-registered participants: Samuel H. Rudman, Esquire Coughlin Stoia Geller Rudman & Robbins LLP 58 South Service Road, Suite 200 Melville, NY 11747 Lynn Brimer, Esquire Strobl & Sharp, P.C. 300 East Long Lake Road, Suite 200 Bloomfield Hills, MI 48304 Michael Joseph, Esquire Blank Rome LLP 600 New Hampshire Avenue, NW Washington, DC 20037 Richard A. Spehr, Esquire Joseph D: Simone, Esquire Mayer Brown LLP 1675 Broadway New York, NY 10019

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Craig A. Stewart, Esquire Ken L. Hashimoto, Esquire Monique A. Gaylor, Esquire Arnold & Porter LLP 399 Park Avenue New York, NY 10022 Gandolfo V. DiBlasi, Esquire Stacey R. Friedman, Esquire David E. Swarts, Esquire Sullivan & Cromwell LLP 125 Broad Street New York, NY 10004 Michael Shapiro, Esquire Gerald Griffin, Esquire Carter Ledyard & Milburn LLP 2 Wall Street New York, NY 10005 Richard M. Strassberg, Esquire Jeffrey A. Simes, Esquire Laurie L. Levin, Esquire Goodwin Procter LLP 599 Lexington Avenue New York, NY 10022

Stephen L. Ascher, Esquire Jenner & Block LLP 919 Third Avenue, 37th Floor New York, NY 10022 Jonathan J. Lerner, Esquire Lea Haber Kuck, Esquire Skadden, Arps, Slate, Meagher & Flom LLP Four Time Square New York, NY 10036 Andrew B. Weissman, Esquire Michele L. Taylor, Esquire Wilmer Cutler Picketing Hale and Dorr LLP 1875 Pennsylvania Avenue, NW Washington, DC 20006 Thomas G. Rafferty, Esquire Antony L. Ryan, Esquire Cravath, Swaine & Moore LLP 825 Eighth Avenue New York, NY 10019 Christopher Harris, Esquire Seth L. Friedman, Esquire Latham & Watkins LLP 885 Third Avenue New York, NY 10022

Eliza~6eth D. Power (ID No. 4135)