Legal Opinion
APA Excelsior III L.P. v. Premiere Technologies, Inc.
District Court, S.D. New York
Decided May 19, 1999No. 98 Civ. 7926 AGSPublishedCited by 17 opinions
1Opinion of the Court
OPINION AND ORDER
SCHWARTZ, District Judge.
This action arises out of a merger between Premiere Technologies, Inc. (“Premiere”) and Xpedite Systems, Inc. (“Xped-ite”). Pursuant to a merger agreement, Premiere purchased all of the outstanding stock of Xpedite, and Xpedite shareholders received newly-issued Premiere stock in return. Plaintiffs, major shareholders in Xpedite at the time of the Premiere/Xped-ite merger, initiated the present action against defendants after the Premiere stock that they had received drastically decreased in value. Plaintiffs allege violations of federal securities…
2Cases cited20 opinions
- Stewart Organization, Inc. v. Ricoh Corp.Supreme Court of the United States · 1988
- Van Dusen v. BarrackSupreme Court of the United States · 1964
- Gustafson v. Alloyd Co.Supreme Court of the United States · 1995
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Dayhoff Inc. v. H.J. Heinz Co.Court of Appeals for the Third Circuit · 1996
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3Cited by17 opinions
- Fuji Photo Film Co., Ltd. v. Lexar Media, Inc.District Court, S.D. New York · 2006
- In Re Collins & Aikman Corp. Securities LitigationDistrict Court, S.D. New York · 2006
- Jetblue Airways Corp. v. Helferich Patent Licensing, LLCDistrict Court, E.D. New York · 2013
- Pence v. GEE Group, Inc.District Court, S.D. New York · 2017
- ZPC 2000, INC. v. SCA Group, Inc.District Court, S.D. New York · 2000
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