DiRienzo v. Philip Services Corp.
Court of Appeals for the Second Circuit
1Opinion
Judge CABRANES concurs in part and dissents in part in a separate opinion.
PETITION FOR REHEARING
CARDAMONE, Circuit Judge.
Philip Services Corporation (Philip), a Canadian metal processing company, is alleged to have perpetrated a massive fraud upon its shareholders, the vast majority of whom are United States investors. After Philip stock prices plummeted and extensive securities fraud litigation was commenced in different states and in Canada, the Judicial Panel on Multi-District Litigation transferred all of the American suits — at Philip’s request and over the objections of several…
2Cases cited24 opinions
- Gulf Oil Corp. v. GilbertSupreme Court of the United States · 1947
- Piper Aircraft Co. v. ReynoSupreme Court of the United States · 1982
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Koster v. (American) Lumbermens Mutual Casualty Co.Supreme Court of the United States · 1947
- Wiwa v. Royal Dutch Petroleum Co.Court of Appeals for the Second Circuit · 2000
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- In Re WorldCom, Inc. Securities LitigationDistrict Court, S.D. New York · 2003
- Abdullahi v. Pfizer, Inc.Court of Appeals for the Second Circuit · 2009
- Duha v. Agrium, Inc.Court of Appeals for the Sixth Circuit · 2006
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