RMED International, Inc. v. Sloan's Supermarkets, Inc.
District Court, S.D. New York
1Opinion of the Court
OPINION AND ORDER
LEISURE, District Judge.
This class action under section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and Rule 10b-5 promulgated thereunder, arises out of the purchase of common stock of defendant Sloan’s Supermarkets, Inc. (“Sloan’s”) by a class of investors who bought the stock at allegedly artificially inflated prices during the period of January 7, 1993 through June 2, 1994. 1 Plaintiffs rely on a “fraud on the market” theory, alleging that the company’s chief executive officer, defendant John A. Catsimatidis, made materially false and misleading…
2Cases cited37 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Adickes v. S. H. Kress & Co.Supreme Court of the United States · 1970
- In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
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- Carpenters Pension Trust Fund v. Barclays PLCDistrict Court, S.D. New York · 2015
- In Re Initial Public Offering Securities LitigationDistrict Court, S.D. New York · 2008
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