Oran v. Stafford
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
ALITO, Circuit Judge:
Plaintiffs brought this securities class action against American Home Products Corporation (“AHP”) and certain of its directors and officers 1 after AHP, in response to reports of serious medical side effects, withdrew its prescription weight-loss drugs Pondimin and Redux from the market. Stockholder plaintiffs allege that AHP made material misrepresentations and omissions regarding the safety of the drugs while failing to disclose several studies linking the drugs to heart-valve damage. As a result, plaintiffs claim, they suffered substantial…
2Cases cited29 opinions
- Foman v. DavisSupreme Court of the United States · 1962
- In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
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3Cited by103 opinions
- John Doe v. Princeton UniversityCourt of Appeals for the Third Circuit · 2022
- Albert Oran Terry Adolphs Philip Morris James Doyle Lupo Paul H. Maurer, Individually and on Behalf of a Class of Others Similarly Situated v. John R. Stafford Robert G. Blount Joseph J. Carr Louis L. Hoynes, Jr. William J. Murray David M. Olivier John R. Considine Paul J. Jones Fred Hassan American Home Products CorporationCourt of Appeals for the Third Circuit · 2000
- Macquarie Infrastructure Corp. v. Moab Partners, L. P.Supreme Court of the United States · 2024
- 10X Genomics, Inc. v. Bruker Spatial Biology, Inc.District Court, D. Delaware · 2023
- 325 S. 18TH STREET, LLC and BRUCE FASSETT v. PHILADELPHIA COMMUNITY DEVELOPMENT COALITION, et al.District Court, E.D. Pennsylvania · 2026
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