Legal Opinion
Ciresi v. Citicorp
District Court, S.D. New York
Decided September 17, 1991No. 90 Civ. 3374 (RO)PublishedCited by 42 opinions
1Opinion of the Court
ENDORSED MEMORANDUM
OWEN, District Judge:
This action brought by a Citicorp shareholder on behalf of a purported class of similarly situated shareholders attributes, in general terms, Citicorp’s recent financial losses to securities fraud on the part of Citicorp, its officers and directors. 1 Defendants deny any wrongdoing and move to dismiss the amended complaint for failure to state a claim under the provisions of the federal securities laws sued upon. 2 For the reasons set forth below, I agree and, accordingly, the motion is granted and the action is dismissed.
As sometimes happens when an…
2Cases cited14 opinions
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Fed. Sec. L. Rep. P 95,228 Rocco Dileo and Louise Dileo v. Ernst & YoungCourt of Appeals for the Seventh Circuit · 1990
- Fed. Sec. L. Rep. P 98,697 John P. Decker v. Massey-Ferguson, LimitedCourt of Appeals for the Second Circuit · 1982
- Luce v. EdelsteinCourt of Appeals for the Second Circuit · 1986
- Akerman v. Oryx Communications, Inc.Court of Appeals for the Second Circuit · 1987
9 more not listed; retrieve them via the Exa API.
3Cited by42 opinions
- City of Pontiac Policemen's & Firemen's Retirement System v. UBS AGCourt of Appeals for the Second Circuit · 2014
- In Re Global Crossing, Ltd. Securities LitigationDistrict Court, S.D. New York · 2003
- In Re Citigroup, Inc. Securities LitigationDistrict Court, S.D. New York · 2004
- Menaldi v. Och-Ziff Capital Management Group LLCDistrict Court, S.D. New York · 2016
- Richman v. Goldman Sachs Group, Inc.District Court, S.D. New York · 2012
37 more not listed; retrieve them via the Exa API.