Legal Opinion

Knurr v. Orbital ATK, Inc.

District Court, E.D. Virginia

Decided November 10, 2016No. Case No. 1:16-cv-1031PublishedCited by 6 opinions

1Opinion of the Court

MEMORANDUM OPINION

T.S. Ellis, III, United States District Judge

On August 10, 2016, defendant Orbital ATK, Inc. (“Orbital”) announced that it had previously failed to report a loss on a major contract. Following this announcement, Orbital’s publicly traded share price fell, and shortly thereafter an Orbital stockholder filed a securities fraud class action lawsuit against Orbital pursuant to the Private Securities Litigation Reform Act (“PSLRA”).

As is typical in these, types of eases, an early order of business is the requirement to appoint a lead plaintiff and counsel to *656pursue the ease on…

2Cases cited19 opinions

  1. United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
  2. Rowland v. California Men's Colony, Unit II Men's Advisory CouncilSupreme Court of the United States · 1993
  3. Whitman v. American Trucking Assns., Inc.Supreme Court of the United States · 2001
  4. IBP, Inc. v. AlvarezSupreme Court of the United States · 2005
  5. Ex Parte CollettSupreme Court of the United States · 1949

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3Cited by6 opinions

  1. Knurr v. Orbital ATK Inc.District Court, E.D. Virginia · 2017
  2. Ollila v. Babcock & Wilcox Enterprises, Inc.District Court, W.D. North Carolina · 2017
  3. Knurr v. Orbital ATK Inc.District Court, E.D. Virginia · 2017
  4. In re Under Armour Securities LitigationDistrict Court, D. Maryland · 2022
  5. L.N.P. v. O'MalleyDistrict Court, E.D. Virginia · 2025

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