Legal Opinion

In Re Lernout & Hauspie Securities Litigation

District Court, D. Massachusetts

Decided June 19, 2002No. Civ.A. 00-CV-11589-P (consolidated)PublishedCited by 22 opinions

1Opinion of the Court

MEMORANDUM AND ORDER

SARIS, District Judge.

This securities class action alleges massive accounting fraud at now-bankrupt Lernout & Hauspie Speech Products, N.V. (“L & H”), a Belgian speech recognition software corporation once touted as the Microsoft of Europe. Lead Plaintiffs assert a fraudulent scheme involving senior officers, directors, various KPMG entities and related corporations that injured purchasers of L & H common stock and stock options on the NASDAQ stock exchange between April 28, 1998 and November 9, 2000.

The 218-page First Consolidated and Amended Complaint (“Complaint”) 2…

2Cases cited42 opinions

  1. Conley v. GibsonSupreme Court of the United States · 1957
  2. Gulf Oil Corp. v. GilbertSupreme Court of the United States · 1947
  3. Piper Aircraft Co. v. ReynoSupreme Court of the United States · 1982
  4. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  5. Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996

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3Cited by22 opinions

  1. Nisselson v. LernoutCourt of Appeals for the First Circuit · 2006
  2. City of Almaty v. AblyazovDistrict Court, S.D. New York · 2017
  3. D.E. & J Ltd. Partnership v. ConawayDistrict Court, E.D. Michigan · 2003
  4. Hauspie v. Stonington Partners, Inc.Supreme Court of Delaware · 2008
  5. Crowell v. Ionics, Inc.District Court, D. Massachusetts · 2004

17 more not listed; retrieve them via the Exa API.

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