Legal Opinion
City of Sterling Heights Police & Fire Retirement System v. Abbey National, PLC
District Court, S.D. New York
Decided March 31, 2006No. 05 Civ. 2141(DC)PublishedCited by 25 opinions
1Opinion of the Court
OPINION
CHIN, District Judge.
This is a securities fraud class action against a London-based bank and its former Chief Executive Officer. Plaintiff The City of Sterling Heights Police and Fire Retirement System (the “Retirement System”), on behalf of itself and other similarly situated shareholders, alleges that defendants Abbey National, PLC (“Abbey”), and Ian Haifley violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 by misrepresenting the health of Abbey’s investment portfolio, in light of its substantial holdings in Enron Corp., Tyco International Ltd.,…
2Cases cited34 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
- Sarah B. Shields, Individually and as Representative of All Others Similarly Situated v. Citytrust Bancorp, Inc., George F. Taylor and Irwin EngelmanCourt of Appeals for the Second Circuit · 1994
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
29 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- Pension Committee of the University of Montreal Pension Plan v. Banc of America Securities, LLCDistrict Court, S.D. New York · 2006
- In Re Marsh & McLennan Companies, Inc. Securities LitigationDistrict Court, S.D. New York · 2006
- Freudenberg v. E Trade Financial Corp.District Court, S.D. New York · 2010
- In Re Bristol Myers Squibb Co. Securities LitigationDistrict Court, S.D. New York · 2008
- In Re Ambac Financial Group, Inc. Securities LitigationDistrict Court, S.D. New York · 2010
20 more not listed; retrieve them via the Exa API.