Legal Opinion
Weinstein v. Ebbers
District Court, S.D. New York
Decided September 17, 2004No. Nos. 02 Civ.3288 DLC, 03 Civ.2841PublishedCited by 1 opinion
1Opinion of the Court
OPINION & ORDER
COTE, District Judge.
This Document Relates to:
The Director Defendants,1 the SSB Defendants,2 and Athur Adersen, LLP (“Adersen”) have each moved to dismiss Weinstein v. Ebbers, No. 03 Civ. 2841 (the ‘Weinstein Action”), a putative nationwide class action brought on behalf of “holders” of WorldCom, Inc. (“WorldCom”) securities and claiming violations of Georgia state law. Because there is no cause of action for aiding and abetting a breach of fiduciary cluty under Georgia law, the Weinstein Action’s sole claim against the SSB Defendants and Adersen must be dismissed. In addition,…
2Cases cited30 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Birnbaum v. Newport Steel Corp.Court of Appeals for the Second Circuit · 1952
- Malone v. BrincatSupreme Court of Delaware · 1998
- Small v. Fritz Companies, Inc.California Supreme Court · 2003
- In Re WorldCom, Inc. Securities LitigationDistrict Court, S.D. New York · 2003
25 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- In Re WorldCom, Inc. Securities LitigationDistrict Court, S.D. New York · 2004