Legal Opinion
In Re Convergent Technologies Securities Litigation
District Court, N.D. California
Decided November 22, 1988No. C-84-20749 RPA, C-84-20758 RPA, C-84-20789 RPA, C-84-20801 RPA, C-84-20803 RPA, C-84-20804 RPA, C-84-20816 RPA, C-85-20009 RPA, C-85-20129 RPA and C-85-20130 RPAPublishedCited by 7 opinions
1Opinion of the Court
ORDER GRANTING DEFENDANTS’ MOTION FOR SUMMARY JUDGMENT
SPENCER WILLIAMS, District Judge.
On October 11, 1988, defendants in this federal securities class action moved for summary judgment on a variety of grounds. Because this court holds that the statements in question are not materially misleading, summary judgment is GRANTED for all defendants.
BACKGROUND:
This is a class action brought on behalf of all persons who purchased the stock of Convergent Technologies, Inc., (hereafter “Convergent”), between March 17, 1983, the date of Convergent’s second public offering, and February 17, 1984, the…
2Cases cited9 opinions
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Grigsby v. CMI Corp.Court of Appeals for the Ninth Circuit · 1985
- Fed. Sec. L. Rep. P 95,513 Reuben P. Hughes v. Dempsey-Tegeler & Co., Inc., a Delaware CorporationCourt of Appeals for the Ninth Circuit · 1976
- Carroll v. GavaCalifornia Court of Appeal · 1979
4 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- In Re Convergent Technologies Securities LitigationCourt of Appeals for the Ninth Circuit · 1991
- Ganino v. Citizens Utilities Co.Court of Appeals for the Second Circuit · 2000
- Ganino v. Citizens Utilities Co.Court of Appeals for the Second Circuit · 2000
- Moorhead v. Merrill Lynch, Pierce, Fenner & Smith, Inc.Court of Appeals for the Eighth Circuit · 1991
- Steinberg v. PRT Group, Inc.District Court, S.D. New York · 2000
2 more not listed; retrieve them via the Exa API.