Legal Opinion
Rex & Roberta Ling Living Trust U/A December 6, 1990 v. B Commc'ns Ltd.
District Court, S.D. Illinois
Decided September 27, 2018No. 17-CV-4937 (JPO)PublishedCited by 8 opinions
1Opinion of the Court
J. PAUL OETKEN, United States District Judge
Lead Plaintiffs ("Plaintiffs"), a trio of investors who purchased shares in Israeli company B Communications Ltd. ("BComm"), have filed a class action complaint against BComm and thirteen other defendants on behalf of themselves and other investors who acquired BComm shares between March 18, 2015, and September 6, 2017. As relevant here, Plaintiffs allege that BComm violated Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and a related Securities and Exchange Commission regulation, Rule 10b-5, 17 C.F.R. § 240.10b-5, by…
2Cases cited46 opinions
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- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
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3Cited by8 opinions
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