Legal Opinion
Robbins v. Koger Properties, Inc.
Court of Appeals for the Eleventh Circuit
Decided July 14, 1997No. 95-2882, 95-3069PublishedCited by 66 opinions
1Opinion of the Court
COX, Circuit Judge.
I. Introduction
Deloitte and Touche challenges the district court’s denial of its Fed.R.Civ.P. 50(a) motion for judgment as a matter of law. The district court held that plaintiffs offered sufficient proof of loss causation to support their Rule 10b-5 claim. We reverse and render judgment in favor of Deloitte and Touche.
II. Facts 1
Deloitte and Touche (“Deloitte”), an accounting firm, conducted audits of the 1988, 1989, and 1990 financial statements of Roger Properties, Inc. (“KPI”), a commercial real estate construction and management company listed on the New York Stock…
2Cases cited16 opinions
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- Fed. Sec. L. Rep. P 94,853 John Schlick v. Penn-Dixie Cement CorporationCourt of Appeals for the Second Circuit · 1974
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- In Re MicroStrategy, Inc. Securities LitigationDistrict Court, E.D. Virginia · 2000
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