Legal Opinion
In Re Nortel Networks Corp. Securities Litigation
District Court, S.D. New York
Decided January 3, 2003No. 01 Civ. 1855(RMB)PublishedCited by 26 opinions
1Opinion of the Court
DECISION AND ORDER
BERMAN, District Judge.
I. Introduction
This Decision and Order resolves Nortel Networks Corporation’s (“Nortel” or “Company”) motion(s) to dismiss, pursuant to Rules 12(b) and 9(a) of the Federal Rules of Civil Procedure, a series of purported class actions alleging violations of the federal securities laws, particularly Section 10(b) of the Securities Exchange Act of 1934 (“Exchange Act”), 15 U.S.C. § 78j(b), Rule 10b-5 promulgated thereunder, 17 C.F.R. § 240.10b-5, and Section 20(a) of the Exchange Act, 15 U.S.C. § 78t(a). The litigation was initiated following the…
2Cases cited40 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Holmes v. Securities Investor Protection CorporationSupreme Court of the United States · 1992
- Sarah B. Shields, Individually and as Representative of All Others Similarly Situated v. Citytrust Bancorp, Inc., George F. Taylor and Irwin EngelmanCourt of Appeals for the Second Circuit · 1994
- Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
- Rothman v. GregorCourt of Appeals for the Second Circuit · 2000
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3Cited by26 opinions
- In Re Merrill Lynch & Co., Research Reports Securities LitigationDistrict Court, S.D. New York · 2003
- In Re WorldCom, Inc. Securities LitigationDistrict Court, S.D. New York · 2003
- In Re AOL Time Warner, Inc. Securities & "Erisa" LitigationDistrict Court, S.D. New York · 2004
- In Re Vivendi Universal, S.A. Securities LitigationDistrict Court, S.D. New York · 2003
- Lopez v. Ctpartners Executive Search Inc.District Court, S.D. New York · 2016
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