Legal Opinion
Simon v. American Power Conversion Corp.
District Court, D. Rhode Island
Decided November 13, 1996No. C.A. 95-415 L, 95-416 L, 95-423 L, 95-426 L and 95-428 LPublishedCited by 22 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
LAGUEUX, Chief Judge.
This case involves securities law claims brought against American Power Conversion Corporation (“APC”) and individual officers and directors of APC (“the Individual Defendants”) 1 in five related cases. 2 Plaintiffs allege that APC committed “fraud on the market” by making a series of public statements from April to July 1995 that were either materially misleading in and of themselves, or incomplete and misleading due to the omission of material facts, in violation of sections 10(b) and 20(a) of the Securities Exchange Act of 1934. Plaintiffs also…
2Cases cited32 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Chiarella v. United StatesSupreme Court of the United States · 1980
- Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
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3Cited by22 opinions
- Roberto Cohen v. Nvidia Corp.Court of Appeals for the Ninth Circuit · 2014
- In Re MicroStrategy, Inc. Securities LitigationDistrict Court, E.D. Virginia · 2000
- In re Oxford Health Plans, Inc.District Court, S.D. New York · 1999
- Freudenberg v. E Trade Financial Corp.District Court, S.D. New York · 2010
- Greenhouse v. MCG Capital Corp.Court of Appeals for the Fourth Circuit · 2004
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