Legal Opinion

Steinberg v. PRT Group, Inc.

District Court, S.D. New York

Decided March 28, 2000No. 98 Civ. 6550(DC)PublishedCited by 22 opinions

1Opinion of the Court

OPINION

CHIN, District Judge.

In this putative class action, plaintiffs allege that defendants, PRT Group, Inc. (“PRT”), an information technology (“IT”) services company, and certain of its directors, officers, and shareholders, disseminated false and misleading information in the prospectus and registration statement issued in connection with a November 1997 initial public offering (“IPO”), in violation of sections 11, 12(a)(2), and 15 of the Securities Act of 1933 (the “1933 Act”), 15 U.S.C. §§ 77k, III, & 77o (1997). Plaintiffs contend that the prospectus contained false and misleading…

2Cases cited17 opinions

  1. Foman v. DavisSupreme Court of the United States · 1962
  2. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  3. Ryder Energy Distribution Corporation v. Merrill Lynch Commodities Inc., E.F. Hutton & Co., Inc., and New York Mercantile ExchangeCourt of Appeals for the Second Circuit · 1984
  4. San Leandro Emergency Medical Group Profit Sharing Plan v. Philip Morris Companies, Inc.Court of Appeals for the Second Circuit · 1996
  5. Goldman v. BeldenCourt of Appeals for the Second Circuit · 1985

12 more not listed; retrieve them via the Exa API.

3Cited by22 opinions

  1. In Re Livent, Inc. Noteholders Securities Litig.District Court, S.D. New York · 2001
  2. In Re Ambac Financial Group, Inc. Securities LitigationDistrict Court, S.D. New York · 2010
  3. In Re Independent Energy Holdings PLC Securities LitigationDistrict Court, S.D. New York · 2001
  4. In Re Vivendi Universal, S.A. Securities LitigationDistrict Court, S.D. New York · 2003
  5. In re Bioscrip, Inc. Securities LitigationDistrict Court, S.D. New York · 2015

17 more not listed; retrieve them via the Exa API.

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