Legal Opinion
Shah Rahman v. Kid Brands, Inc.
Court of Appeals for the Third Circuit
Decided November 15, 2013No. 12-4257PublishedCited by 87 opinions
1Opinion of the Court
OPINION OF THE COURT
GREENBERG, Circuit Judge.
I. INTRODUCTION
Shah Rahman, now the appellant, brought this federal securities class action on March 22, 2011, against defendant Kid Brands, Inc., a New Jersey corporation, and against the individual defendants, Bruce G. Crain, Guy A. Paglinco, and Raphael Benaroya, officers of Kid Brands (collectively with Kid Brands “appellees”). Kid Brands is in the business of importing inexpensive infant furniture and products for the purpose of ultimate resale to consumers. The complaint alleged that defendants, now appellees, violated (1) Section 10(b) of…
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