Legal Opinion
Abrams v. Baker Hughes Inc.
Court of Appeals for the Fifth Circuit
Decided May 21, 2002No. 01-20514PublishedCited by 158 opinions
1Opinion of the Court
W. EUGENE DAVIS, Circuit Judge:
The plaintiffs appeal from a dismissal under F.R.C.P. 12(b)(6) of their securities fraud class action under §§ 10(b) and 20(a) of the Exchange Act. The district court dismissed the case based on its conclusion that the plaintiffs failed to adequately allege particularized facts to establish the necessary element of scienter. Finding no error, we affirm.
I
This securities fraud class action is brought on behalf of all investors who purchased common stock of Baker Hughes from February 1, 1999 through December 8, 1999 (the “Class Period”). Baker Hughes is a…
2Cases cited15 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- In Re Silicon Graphics Inc. Securities Litigation. Edmund J. Janas v. Edward R. McCracken Michael Ramsay Robert K. Burgess Thomas J. Oswald Teruyasu Sekimoto Forest Baskett Stephen Goggiano William M. Kelly Lucille Shapiro Silicon Graphics, Inc., Deanna Brody Andrea S. Donald Israel Buck Ruth Buck Denise Struthers Thomas G. Di Cicco Ira Steven B. Ewall Rosalyn Golaine Jerry Krim Mary Anne Beke Herman Grossman Samuel J. Reiner Dennis Lucas v. Edward R. McCracken Michael Ramsay Robert K. Burgess Thomas J. Oswald Teruyasu Sekimoto Forest Baskett Stephen Goggiano William M. Kelly Lucille Shapiro Silicon Graphics, Inc.Court of Appeals for the Ninth Circuit · 1999
- Novak v. KasaksCourt of Appeals for the Second Circuit · 2000
- Tuchman v. DSC Communications Corp.Court of Appeals for the Fifth Circuit · 1994
- San Leandro Emergency Medical Group Profit Sharing Plan v. Philip Morris Companies, Inc.Court of Appeals for the Second Circuit · 1996
10 more not listed; retrieve them via the Exa API.
3Cited by158 opinions
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Lormand v. US Unwired, Inc.Court of Appeals for the Fifth Circuit · 2009
- Schiller v. Physicians Resource Group Inc.Court of Appeals for the Fifth Circuit · 2003
- Dorsey v. Portfolio Equities, Inc.Court of Appeals for the Fifth Circuit · 2008
- Rosenzweig v. Azurix Corp.Court of Appeals for the Fifth Circuit · 2003
153 more not listed; retrieve them via the Exa API.