Legal Opinion
IBEW Local Union No. 58 Pension Trust Fund & Annuity Fund v. Royal Bank of Scotland Group, PLC
Court of Appeals for the Second Circuit
Decided April 15, 2015No. Docket No. 13-3289PublishedCited by 196 opinions
1Opinion of the Court
Judge LEVAL concurs in part and dissents in part in a separate opinion.
CHIN, Circuit Judge:
In this putative securities class action, investors who purchased or acquired American Depository Shares (“ADSs”) of The Royal Bank of Scotland Group, PLC (“RBS”) allege that RBS and several of its top executives made false and misleading statements that inflated the ADSs’ prices. They brought this action below under, inter alia, sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”), 15 U.S.C. §§ 78j(b), 78t(a), and Rule 10b-5, 17 C.F.R. § 240.10b-5.
The district court…
2Cases cited10 opinions
- Sarah B. Shields, Individually and as Representative of All Others Similarly Situated v. Citytrust Bancorp, Inc., George F. Taylor and Irwin EngelmanCourt of Appeals for the Second Circuit · 1994
- Stoneridge Investment Partners, LLC v. Scientific-Atlanta, Inc.Supreme Court of the United States · 2008
- ECA, Local 134 IBEW Joint Pension Trust of Chicago v. JP Morgan Chase Co.Court of Appeals for the Second Circuit · 2009
- Kramer v. Time Warner IncCourt of Appeals for the Second Circuit · 1991
- San Leandro Emergency Medical Group Profit Sharing Plan v. Philip Morris Companies, Inc.Court of Appeals for the Second Circuit · 1996
5 more not listed; retrieve them via the Exa API.
3Cited by196 opinions
- Thea v. KleinhandlerCourt of Appeals for the Second Circuit · 2015
- Doubleline Capital LP v. Odebrecht Fin., Ltd.District Court, S.D. Illinois · 2018
- University of Puerto Rico Retirement System v. Ocwen Financial CorporationCourt of Appeals for the Eleventh Circuit · 2019
- In re Banco Bradesco S.A. Securities LitigationDistrict Court, S.D. New York · 2017
- Gaughan v. RubensteinDistrict Court, S.D. New York · 2017
191 more not listed; retrieve them via the Exa API.