Legal Opinion
In Re Guess?, Inc. Securities Litigation
District Court, C.D. California
Decided November 28, 2001No. 01CV00871 LGB (RNBX)PublishedCited by 7 opinions
1Opinion of the Court
ORDER GRANTING DEFENDANTS’ MOTION TO DISMISS FOR FAILURE TO STATE A CLAIM
BAIRD, District Judge.
I. INTRODUCTION
Guess?, Inc. (“Guess”), a maker of fashion apparel, experienced financial difficulties during the 2000 calendar year. As a result, its stock value dropped and the current securities litigation was instituted against defendants Guess, Maurice Marciano, Paul Marciano, Armand Marciano and Brian Fleming. The class action complaint alleges violations of the Exchange Act, section 10(b), Securities Exchange Commission (“SEC”) Rule 10b-5, and the Exchange Act, section 20(a). Defendants’ bring…
2Cases cited14 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
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- Hishon v. King & SpaldingSupreme Court of the United States · 1984
- Leatherman v. Tarrant County Narcotics Intelligence and Coordination UnitSupreme Court of the United States · 1993
- Sterling Usher v. City of Los Angeles, Richard A. Gonzales, Michael E. Melton, Jose E. Ramirez, Joe Rios, and Robert L. VannCourt of Appeals for the Ninth Circuit · 1987
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3Cited by7 opinions
- In Re Rent-Way Securities LitigationDistrict Court, W.D. Pennsylvania · 2002
- In Re Wet Seal, Inc. Securities LitigationDistrict Court, C.D. California · 2007
- In Re Northpoint Communications Group, Inc., Securities LitigationDistrict Court, N.D. California · 2002
- In Re ICN Pharmaceuticals, Inc., Securities LitigationDistrict Court, C.D. California · 2004
- In Re DOT Hill Systems Corp. Securities LitigationDistrict Court, S.D. California · 2008
2 more not listed; retrieve them via the Exa API.