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Legal Opinion

Employees' Retirement System v. Williams Companies

Court of Appeals for the Tenth Circuit

Decided May 11, 2018No. 17-5034PublishedCited by 94 opinions

1Opinion of the Court

HARTZ, Circuit Judge.

Employees' Retirement System of the State of Rhode Island (Plaintiff) appeals the dismissal of its amended complaint (the Complaint) in a putative class-action suit. It alleges violations of federal securities law because of the failure to disclose merger discussions that affected the value of its investment. Exercising jurisdiction under 28 U.S.C. § 1291 , we affirm. The *1158 Complaint fails to adequately allege facts establishing a duty to disclose the discussions, the materiality of the discussions, or the requisite scienter in failing to disclose the discussions.

I.…

2Cases cited26 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
  3. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  4. Chiarella v. United StatesSupreme Court of the United States · 1980
  5. Matrixx Initiatives, Inc. v. SiracusanoSupreme Court of the United States · 2011

21 more not listed; retrieve them via the Exa API.

3Cited by94 opinions

  1. Cummings v. DeanCourt of Appeals for the Tenth Circuit · 2019
  2. Chilcoat v. San Juan CountyCourt of Appeals for the Tenth Circuit · 2022
  3. Clinton v. Security Benefit LifeCourt of Appeals for the Tenth Circuit · 2023
  4. Smallen Revocable Living Trust v. Western Union CompanyCourt of Appeals for the Tenth Circuit · 2020
  5. Lord Abbett Affiliated Fund, Inc. v. Navient Corp.District Court, D. Delaware · 2019

89 more not listed; retrieve them via the Exa API.

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