Declaration Of Helen J. Hodges In Support Of Lead Counsel's ...

director of New Power, and issuance and approval of false and misleading statements. See 4/23/03
Enron Insider MTD Order at 24-29.
(j) The Court sustained Lead Plaintiff’s claims against McMahon under §§10,
20A and 20(a), based on the Consolidated Complaint’s allegations of McMahon’s sales of Enron
stock, bonuses, membership on the Management Committee, and his familiarity with the challenged
SPEs and transactions. See 4/23/03 Enron Insider MTD Order at 24-32.
(k)
The Court dismissed Lead Plaintiff’s claims against Derrick under §§10, 20A
and 20(a), in light of his lack of management over Enron’s day-to-day operations, and failure to
make any false or misleading statement. See 4/23/03 Enron Insider MTD Order at 32-36.
(l)
The Court sustained Lead Plaintiff’s claims against Hannon under §§10, 20A
and 20(a), based on the Consolidated Complaint’s allegations of Hannon’s stock sales and
membership on the Management Committee, coupled with Lead Plaintiff’s allegations against Rice.
See 4/23/03 Enron Insider MTD Order at 36-37.
(m)
The Court sustained Lead Plaintiff’s claims against Lay under §§10, 20A and
20(a), based on the Consolidated Complaint’s allegations of Lay’s high position at Enron, bonuses
and salary, membership on the Executive and Management Committees, sales of Enron stock, and
issuance of false and misleading statements. See 4/23/03 Enron Insider MTD Order at 37-42.
(n) The Court sustained Lead Plaintiff’s claims against Skilling under §§10, 20A,
20(a), 11 and 15, based on the Consolidated Complaint’s allegations of Skilling’s stock sales,
membership on the Executive and Management Committees, bonuses, knowing endorsement of
deception and misleading financial reports, issuance of false and misleading statements. See 4/23/03
Enron Insider MTD Order at 42-46.
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