Legal Opinion
Seidl v. American Century Companies, Inc.
District Court, S.D. New York
Decided May 7, 2010No. 08 Civ. 8857(DLC)PublishedCited by 15 opinions
1Opinion of the Court
OPINION & ORDER
DENISE COTE, District Judge:
This lawsuit concerns a mutual fund’s liability to its shareholders for investments in an online gambling company. The investments declined in value after the United States government stepped up law enforcement efforts against illegal online gambling enterprises. Plaintiff, a shareholder in the mutual fund, brings this derivative and putative class action lawsuit alleging violations of the Racketeer Influenced and Corrupt Organizations Act, 18 U.S.C. §§ 1961-1968 (“RICO”), as well as state common law claims for breach of fiduciary duty, negligence,…
2Cases cited23 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Harris v. MillsCourt of Appeals for the Second Circuit · 2009
- Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
- Aronson v. LewisSupreme Court of Delaware · 1984
18 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Phillips v. Reed Group, Ltd.District Court, S.D. New York · 2013
- Christopher Brown v. John CalamosCourt of Appeals for the Seventh Circuit · 2011
- NAF Holdings, LLC v. Li & Fung (Trading) Ltd.Court of Appeals for the Second Circuit · 2014
- Nelson Gomes v. American Century CompaniesCourt of Appeals for the Eighth Circuit · 2013
- AHW Investment Partnership, MFS, Inc. v. Citigroup Inc.District Court, S.D. New York · 2013
10 more not listed; retrieve them via the Exa API.