Legal Opinion

Sachsenberg v. Irsa Inversiones Y Representaciones Sociedad Anónima

District Court, S.D. Illinois

Decided September 10, 2018No. 16-CV-5743 (VSB)PublishedCited by 4 opinions

1Opinion of the Court

VERNON S. BRODERICK, United States District Judge

In this putative class action, lead plaintiff Stefan Sachsenberg alleges that Defendants IRSA Inversiones y Representaciones Sociedad Anónima ("IRSA") and Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria ("Cresud"), along with certain officers and/or directors of IRSA and Cresud-Eduardo Sergio Elsztain, Saúl Zang, and Matías Iván Gaivironsky ("Individual Defendants")-violated §§ 10(b) and 20(a) of the Securities Exchange Act of 1934 ("Exchange Act"), 15 U.S.C. §§ 78j(b), 78t(a), and the United States Securities and…

2Cases cited29 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
  4. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  5. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976

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3Cited by4 opinions

  1. Chemehuevi Indian Tribe v. United StatesUnited States Court of Federal Claims · 2020
  2. Cheng v. Canada Goose Holdings Inc.District Court, S.D. New York · 2021
  3. In Re The Hain Celestial Group Inc. Securities LitigationDistrict Court, E.D. New York · 2023
  4. In re Meta Materials Inc. Securities LitigationDistrict Court, E.D. New York · 2023

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