Legal Opinion
Brecher v. CITIGROUP INC.
District Court, S.D. New York
Decided June 7, 2011No. 09 Civ. 7359(SHS)PublishedCited by 7 opinions
1Opinion of the Court
OPINION & ORDER
SIDNEY H. STEIN, District Judge.
This action arises from Citigroup’s alleged failure to disclose adequate truthful information about its exposures to subprime mortgages. Plaintiffs seek to represent a class of those who acquired Citigroup securities via the company’s employee stock purchase program. They assert federal causes of action pursuant to Section 12(a)(2) of the Securities Act of 1933 and to Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. They also bring several state statutory and common law claims.
Defendants have moved…
2Cases cited41 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- ATSI Communications, Inc. v. Shaar Fund, Ltd.Court of Appeals for the Second Circuit · 2007
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3Cited by7 opinions
- Federal Housing Finance Agency v. UBS Americas, Inc.District Court, S.D. New York · 2012
- In re Bear Stearns Mortgage Pass-Through Certificates LitigationDistrict Court, S.D. New York · 2012
- Tyler v. Liz Claiborne, Inc.District Court, S.D. New York · 2011
- Board of Trustees of Ft. Lauderdale v. Mechel OaoDistrict Court, S.D. New York · 2011
- Securities & Exchange Commission v. GoldstoneDistrict Court, D. New Mexico · 2013
2 more not listed; retrieve them via the Exa API.