Legal Opinion
Little Gem Life Sciences LLC v. Orphan Medical, Inc.
Court of Appeals for the Eighth Circuit
Decided August 11, 2008No. 07-3285PublishedCited by 18 opinions
1Opinion of the Court
SMITH, Circuit Judge.
Little Gem Life Sciences, LLC (“Little Gem”) filed this securities class action against Orphan Medical, Inc. (“Orphan”) on behalf of all individuals who held Orphan stock at the time Orphan was acquired by Jazz Pharmaceuticals, Inc. (“Jazz”). Little Gem alleged that Orphan and two of its principal executive officers, John H. Bullion and Timothy G. McGrath, negligently failed to disclose material information to Orphan’s stockholders before asking the stockholders to approve Orphan’s merger with Jazz, in violation of §§ 14(a) and 20(a) of the Securities Exchange Act of 1934…
2Cases cited8 opinions
- Porous Media Corporation v. Pall CorporationCourt of Appeals for the Eighth Circuit · 1999
- Bryant v. Avado Brands, Inc.Court of Appeals for the Eleventh Circuit · 1999
- Kramer v. Time Warner Inc.Court of Appeals for the Second Circuit · 1991
- Cornelia I. Crowell GST Trust v. Possis Medical, Inc.Court of Appeals for the Eighth Circuit · 2008
- In Re NVE Corp. Securities LitigationCourt of Appeals for the Eighth Circuit · 2008
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3Cited by18 opinions
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- Christensen v. Pennymac Loan Services, LLCDistrict Court, D. Minnesota · 2013
- Lane v. PageDistrict Court, D. New Mexico · 2008
- Carpenters' Pension Fund of IL v. Michael NeidorffCourt of Appeals for the Eighth Circuit · 2022
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