Legal Opinion

In Re General Instrument Corp. Securities Litigation

District Court, N.D. Illinois

Decided September 22, 1998No. 96 C 1129PublishedCited by 8 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

MAROVICH, District Judge.

This is the second coming of a consolidated securities action the Court dismissed with leave to amend on September 24, 1997, holding that Plaintiffs’ amended complaints failed to plead fraud with the particularity required by Fed.R.Civ.P. 9(b). Now before the Court are two motions to dismiss filed by Defendant General Instrument Corporation (“GIC”) and other named Defendants (collectively “Defendants”). Defendants’ motions seek to dismiss a direct claim brought under the Securities Exchange Act of 1934 (“Exchange Act”) and all derivative…

2Cases cited32 opinions

  1. Conley v. GibsonSupreme Court of the United States · 1957
  2. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  3. Scheuer v. RhodesSupreme Court of the United States · 1974
  4. J. I. Case Co. v. BorakSupreme Court of the United States · 1964
  5. Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991

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3Cited by8 opinions

  1. In Re Abbott Laboratories Derivative Shareholders LitigationCourt of Appeals for the Seventh Circuit · 2003
  2. Fujimoto v. AuHawaii Supreme Court · 2001
  3. In Re Sagent Technology, Inc., Derivative Litig.District Court, N.D. California · 2003
  4. Lewis v. SeneffDistrict Court, M.D. Florida · 2009
  5. Kroupa v. GarbusDistrict Court, N.D. Illinois · 2008

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