In Re BISYS Securities Litigation
District Court, S.D. New York
This document relates to: All Actions.
1Opinion of the Court
MEMORANDUM OPINION
LEWIS A. KAPLAN, District Judge.
On May 17, 2004, The BISYS Group, Inc. (“BISYS” or the “Company”) announced plans to restate its financial results for fiscal years 2001, 2002, and 2003 and its interim results for fiscal year 2004. 1 Plaintiffs then brought this putative class action against BISYS, seven of its current and former officers and directors (collectively, the “Individual Defendants”), 2 and its independent auditor, PrieewaterhouseCoopers LLP (“PwC”). Plaintiffs seek recovery against all defendants under Sections 10(b) of the Securities Exchange Act of 1934 3 (the…
2Cases cited49 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
- 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
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3Cited by85 opinions
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- In Re Bear Stearns Companies, Inc. Securities, Derivative, & Erisa LitigationDistrict Court, S.D. New York · 2011
- Freudenberg v. E Trade Financial Corp.District Court, S.D. New York · 2010
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