Legal Opinion

Employers-Teamsters Local Nos. 175 & 505 Pension Trust Fund v. Anchor Capital Advisors

Court of Appeals for the Ninth Circuit

Decided August 16, 2007No. 04-56791PublishedCited by 88 opinions

1Opinion of the Court

OPINION

DUFFY, District Judge:

Appellants, non-parties to the action below, bring this appeal from the district court’s order granting lead plaintiffs motion to dismiss its claims in an uncertified securities class action. Because Appellants never filed a complaint or formally moved to intervene, they lack standing and we are therefore precluded from reaching the merits of Appellants’ argument that they would have been the proper lead plaintiff pursuant to the Private Securities Litigation Reform Act (the “PSLRA”), 15 U.S.C. § 78u-4(a). Furthermore, lead plaintiffs voluntary dismissal of its…

2Cases cited14 opinions

  1. Lujan v. Defenders of WildlifeSupreme Court of the United States · 1992
  2. American Pipe & Construction Co. v. UtahSupreme Court of the United States · 1974
  3. Crown, Cork & Seal Co. v. ParkerSupreme Court of the United States · 1983
  4. Devlin v. ScardellettiSupreme Court of the United States · 2002
  5. Fed. Sec. L. Rep. P 98,265 Fred Zeidman and Steven Youngelson v. J. Ray McDermott & Co., Inc.Court of Appeals for the Fifth Circuit · 1981

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

3Cited by88 opinions

  1. Police & Fire Retirement System v. IndyMac MBS, Inc.Court of Appeals for the Second Circuit · 2013
  2. Williams v. Boeing Co.Court of Appeals for the Ninth Circuit · 2008
  3. Charles Ridgeway v. Wal-Mart Stores, Inc.Court of Appeals for the Ninth Circuit · 2020
  4. Northstar Financial Advisors, Inc. v. Schwab InvestmentsDistrict Court, N.D. California · 2009
  5. In re Sonus Networks, Inc. Securities LitigationDistrict Court, D. Massachusetts · 2007

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

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