Legal Opinion
In Re Carnegie International Corp. Securities Litigation
District Court, D. Maryland
Decided April 11, 2000No. L-99-1688PublishedCited by 13 opinions
1Opinion of the Court
MEMORANDUM OPINION
GAUVEY, United States Magistrate Judge.
Currently pending before this Court are five related securities class action cases against Carnegie International Corporation (Carnegie) and several of its officers and members of its board of directors. Plaintiffs allege that Carnegie “deceive[d] the investing public including them, through the issuance of false and misleading statements concerning the company’s financial condition and operations” and that Carnegie thereby “artificially inflated the modest price of Carnegie’s securities” and “cause[d] plaintiff and other members of the…
2Cases cited5 opinions
- Robinson v. Shell Oil Co.Supreme Court of the United States · 1997
- In Re Advanta Corp. Securities LitigationCourt of Appeals for the Third Circuit · 1999
- Alexander S. v. BoydCourt of Appeals for the Fourth Circuit · 1997
- Powers v. EichenDistrict Court, S.D. California · 1997
- SG Cowen Securities Corp. v. United States District Court for the Northern District of CaliforniaCourt of Appeals for the Ninth Circuit · 1999
3Cited by13 opinions
- In Re Enron Corp.United States Bankruptcy Court, S.D. New York · 2002
- Faulkner v. Verizon Communications, Inc.District Court, S.D. New York · 2001
- Newby v. Enron Corp.District Court, S.D. Texas · 2002
- In re Royal Ahold N.V. Securities & Erisa LitigationDistrict Court, D. Maryland · 2004
- In Re Lernout & Hauspie Securities LitigationDistrict Court, D. Massachusetts · 2002
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