Legal Opinion
In Re Merrill Lynch & Co., Inc. Research Reports
District Court, S.D. New York
Decided October 29, 2003No. 02 MDL 1484(MP). Nos. 02 CV 6645(MP), 02 CV 9931(MP), 02 CV 6637(MP), 02 CV 9852(MP), 02 CV 7739(MP), 02 CV 3252(MP), 02 CV 3634(MP), 02 CV 7585(MP)PublishedCited by 34 opinions
1Opinion of the Court
DECISION AND ORDER
POLLACK, Senior District Judge.
PREFACE
The plaintiffs in the above-captioned putative class actions would have this Court punish breaches of business ethics by principles applicable at law which did not at the time apply to such conduct. Although apparently aware of the course of the business and the conflicts of interest involved, the public regulators of business conduct failed to formulate pertinent rules directed to business conscience until after the burst of the internet bubble.
The measure of the defendants’ legal responsibilities herein is what is prescribed in federal…
2Cases cited34 opinions
- Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
- Lampf, Pleva, Lipkind, Prupis & Petigrow v. GilbertsonSupreme Court of the United States · 1991
- Rothman v. GregorCourt of Appeals for the Second Circuit · 2000
29 more not listed; retrieve them via the Exa API.
3Cited by34 opinions
- Nicholas La Grasta, Domenico La Grasta, and Mauro La Grasta, on Behalf of Themselves and All Others Similarly Situated v. First Union Securities, Inc.Court of Appeals for the First Circuit · 2004
- Pension Committee of the University of Montreal Pension Plan v. Banc of America Securities, LLCDistrict Court, S.D. New York · 2006
- In Re Take-Two Interactive Securities LitigationDistrict Court, S.D. New York · 2008
- In Re eSpeed, Inc. Securities LitigationDistrict Court, S.D. New York · 2006
- Benak v. Alliance Capital ManagementCourt of Appeals for the Third Circuit · 2006
29 more not listed; retrieve them via the Exa API.