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Heed v. Miller

United States District Court, E.D. Pennsylvania

March 29, 2018

DAVID HEED, Derivatively and on Behalf of UNIVERSAL HEALTH SERVICES, INC.,, Plaintiff
v.
ALAN B. MILLER, et al. Defendants and UNIVERSAL HEALTH SVCS, INC., Nominal Defendant CENTRAL LABORER'S PENSION FUND, Derivatively on Behalf of UNIVERSAL HEALTH SVCS, INC., Plaintiff
v.
ALAN B. MILLER, et al., Defendants and UNIVERSAL HEALTH SVCS, INC., Nominal Defendant WATERFORD TOWNSHIP POLICE & FIRE RETIREMENT SYSTEM, Derivatively on Behalf of UNIVERSAL HEALTH SVCS, INC., Plaintiff
v.
ALAN B. MILLER, et al., Defendants and UNIVERSAL HEALTH SVCS, INC., Nominal Defendant AMALGAMATED BANK CIVIL ACTION LONGVIEW FUNDS, Derivatively on Behalf of UNIVERSAL HEALTH SERVICES, INC., Plaintiff::
v.
CHARLES F. BOYLE, et al., Defendants and UNIVERSAL HEALTH SVCS, INC., Nominal Defendant

          ORDER

          LAWRENCE F. STENGEL, C. J.

         AND NOW, this 29th day of March, 2018, upon consideration of the motions to consolidate, and to appoint lead plaintiff and lead counsel filed by Amalgamated Bank LongView Funds and Central Laborers' Pension Fund, IT IS HEREBY ORDERED that:

1. Amalgamated's motion is GRANTED in its entirety.[1]
2. Central Laborers' motion is GRANTED in part and DENIED in part.[2]
3. The above actions are consolidated for all purposes into one action, along with any future-filed or transferred action asserting substantially similar shareholder derivative claims on behalf of Universal Health Services, Inc., and arising out of federal securities law.
4. Every pleading filed in the consolidated action, or in any separate action included herein, shall bear the following caption:

         IN RE UNIVERSAL HEALTH SERVICES, INC., DERIVATIVE LITIGATION

         This Document Relates To:

         CIVIL ACTION NO. 17-02187

5. Amalgamated Bank LongView Funds is appointed lead plaintiff in the consolidated action.
6. The law firm of Scott & Scott is appointed lead counsel for the plaintiffs.
7. The Axelrod Firm is appointed liaison counsel for the plaintiffs.
8. Lead counsel shall have the following responsibilities and duties to be carried out either personally or through counsel, ...

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