In re DVI, Inc. Sec. Litig.

Full title: IN RE: DVI, INC. SECURITIES LITIGATION

Court: United States District Court, E.D. Pennsylvania

Date published: May 31, 2005

Civil Action No. 03-5336 (E.D. Pa. May. 31, 2005)

Opinion

Civil Action No. 03-5336.

May 31, 2005

ORDER

LEGROME DAVIS, District Judge

AND NOW, this 31^st day of May, 2005, upon consideration of the United States' Motion to Stay Proceedings (Doc. No. 180), filed May 17, 2005, it is hereby ORDERED that the Motion is GRANTED.

It is further ORDERED that:

1. This matter shall be stayed for all purposes for 120 days pending completion of the ongoing investigation by the United States Attorney's Office and the Federal Bureau of Investigation;

2. The United States shall advise the parties and the Court at the expiration of this stay, in writing, as to the status of the investigation;

3. The Clerk of Court shall mark this action closed for statistical purposes and place the matter in the Civil Suspense File pending further notification; and

4. The Court shall retain jurisdiction; and the case shall be restored to the trial docket when the action is in a status so that it may proceed to final disposition; this order shall not prejudice the rights of the parties to this litigation.