In Re Recoton Corp. Securities Litigation
District Court, M.D. Florida
1Opinion of the Court
ORDER
ANTOON, District Judge.
This case is a putative securities fraud class action in which shareholders seek relief against individual corporate officers and directors of Recoton Corporation (“Recoton” or “the Company”) and Reeo-ton’s outside auditor, Deloitte & Touche (“D & T”). The case is currently before the Court on motions filed by the Individual Defendants (Doc. 90) and D & T (Doc. 94) seeking dismissal of the Consolidated Amended Class Action Complaint (“the Complaint”) (Doc. 76). As more specifically set forth below, the Complaint fails to adequately plead fraud under the Private…
2Cases cited36 opinions
- Hishon v. King & SpaldingSupreme Court of the United States · 1984
- Bryant v. Avado Brands, Inc.Court of Appeals for the Eleventh Circuit · 1999
- Emergent Capital Investment Management, LLC v. Stonepath Group, Inc., Previously Known as Net Value Holdings, Inc., Andrew Panzo and Lee HansenCourt of Appeals for the Second Circuit · 2003
- Lentell v. Merrill Lynch & Co. Inc.Court of Appeals for the Second Circuit · 2005
- R. Richard Bastian, III v. Petren Resources CorporationCourt of Appeals for the Seventh Circuit · 1990
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