In Re Keithley Instruments, Inc. Securities Litigation
District Court, N.D. Ohio
1Opinion of the Court
MEMORANDUM & ORDER
O’MALLEY, District Judge.
In a consolidated amended complaint, several plaintiff shareholders (“Shareholders”) bring a putative class action lawsuit against defendants Keithley Instruments, Inc., and its president, Joseph Keithley (referred to collectively below as “Keith-ley,” except where noted), 1 for securities fraud. Specifically, the Shareholders allege that Keithley “disseminat[ed] ... false and misleading statements concerning the Company’s business condition and prospects for ... the three months ending March 31, 2001.” Complaint at ¶ 1. The alleged purpose of this…
2Cases cited39 opinions
- Papasan v. AllainSupreme Court of the United States · 1986
- In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Fed. Sec. L. Rep. P 95,228 Rocco Dileo and Louise Dileo v. Ernst & YoungCourt of Appeals for the Seventh Circuit · 1990
- Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
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