Legal Opinion

In Re Fidelity/Apple Securities Litigation

District Court, D. Massachusetts

Decided November 6, 1997No. CIV.A. 95-12724-RGSPublishedCited by 2 opinions

1Opinion of the Court

MEMORANDUM AND ORDER ON FIDELITY DEFENDANTS' MOTIONS TO DISMISS

STEARNS, District Judge.

Plaintiffs filed this putative class action on behalf of all investors who purchased Apple Computer, Inc. (“Apple”) stock between September 4, 1995 and September 14, 1995. They contend that they were victims of a market manipulation scheme orchestrated by defendants FMR Corporation (“FMR Corp.”), Fidelity Management and Research Company (“FMR”), and Harry Lange, the portfolio manager of two of Fidelity’s technology oriented mutual funds. Plaintiffs allege that the defendants violated sections 10(b) and…

2Cases cited35 opinions

  1. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  2. Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
  3. Chiarella v. United StatesSupreme Court of the United States · 1980
  4. Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
  5. William R. Gooley v. Mobil Oil CorporationCourt of Appeals for the First Circuit · 1988

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3Cited by2 opinions

  1. Swack v. Credit Suisse First BostonDistrict Court, D. Massachusetts · 2004
  2. In Re Smartalk Teleservices, Inc. Securities LitigationDistrict Court, S.D. Ohio · 2000

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