Legal Opinion
In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald Abramoff
Court of Appeals for the Third Circuit
Decided June 10, 1997No. 96-5187PublishedCited by 4,694 opinions
1Opinion of the Court
OPINION OF THE COURT
ALITO, Circuit Judge.
Burlington Coat Factory Warehouse Corporation (“BCF ”), a Delaware corporation based in New Jersey, announced its fourth quarter and full fiscal year results for 1994 on September 20, 1994. The results were below the investment community’s expectations, and BCF’s common stock fell sharply, losing approximately 30% in one day. Within a day of the initial announcement, the first investor suit was filed. In the next few days, the company made additional explanatory disclosures, and the stock price fell even further. More investor suits were filed. The…
2Cases cited59 opinions
- Foman v. DavisSupreme Court of the United States · 1962
- Scheuer v. RhodesSupreme Court of the United States · 1974
- Pension Benefit Guaranty Corporation v. White Consolidated Industries, Inc., C/o Ct Corporation Systems Registered AgentCourt of Appeals for the Third Circuit · 1993
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Charles Kowal v. MCI Communications CorporationCourt of Appeals for the D.C. Circuit · 1994
54 more not listed; retrieve them via the Exa API.
3Cited by4,694 opinions
- Norman Grayson v. Mayview State Hospital Allegheny County Jail Camp Hill Prison United States of America, IntervenorCourt of Appeals for the Third Circuit · 2002
- Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002
- Morse v. Lower Merion School DistrictCourt of Appeals for the Third Circuit · 1997
- Stanford Shane Otis Terrell Robert Stewart v. William Fauver, Commissioner James Barbo, Administrator Rogers, Chief Director of CustodyCourt of Appeals for the Third Circuit · 2000
- Alan Schmidt v. John SkolasCourt of Appeals for the Third Circuit · 2014
4,689 more not listed; retrieve them via the Exa API.