Legal Opinion

Diehl ex rel. Situated v. Omega Protein Corp.

District Court, S.D. Illinois

Decided September 7, 2018No. 17-cv-2448 (PKC)PublishedCited by 11 opinions

1Opinion of the Court

P. Kevin Castel, United States District Judge *157Lead plaintiff IBEW Local 98 Pension Fund ("IBEW") has filed this federal securities fraud suit against defendants Omega Protein Corp. ("Omega"), Bret D. Scholtes, and Andrew C. Johannesen on behalf of itself and all others who purchased Omega stock from August 6, 2013 to March 1, 2017. After the Court consolidated multiple separate suits with IBEW's suit, defendants moved to dismiss the Consolidated Second Amended Complaint. Because IBEW has not alleged an actionable misrepresentation or omission, the motion will be granted.

BACKGROUND

Omega was a…

2Cases cited40 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  4. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  5. Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005

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3Cited by11 opinions

  1. City of Riviera Beach General Employees Retirement System v. Macquarie Infrastructure CorporationDistrict Court, S.D. New York · 2021
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  3. In Re The Hain Celestial Group Inc. Securities LitigationDistrict Court, E.D. New York · 2020
  4. In re Astrazeneca PLC Securities LitigationDistrict Court, S.D. New York · 2022
  5. In re Citigroup Securities LitigationDistrict Court, S.D. New York · 2025

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