Adams v. Kinder-Morgan, Inc.
Court of Appeals for the Tenth Circuit
1Opinion of the Court
EBEL, Circuit Judge.
The plaintiffs brought this lawsuit as a class action alleging securities fraud under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (“the Act”), 15 U.S.C. §§ 788(b), 78t(a), and Rule 10b-5, 17 C.F.R. § 240.10b-5, on behalf of all people who purchased the common stock of KN Energy, Inc. (“Kinder-Morgan” or “the Company”) 1 from October 30, 1997 to June 21, 1999 (the “class period”). The plaintiffs appeal the district court’s dismissal of the case pursuant to Fed. R.Civ.P. 12(b)(6).
The basis for the lawsuit is the plaintiffs’ allegations that the defendants…
2Cases cited33 opinions
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- Grossman v. Novell, Inc.Court of Appeals for the Tenth Circuit · 1997
- Kaplan v. RoseCourt of Appeals for the Ninth Circuit · 1994
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