Legal Opinion
Rieger ex rel. Walters v. Drabinsky
District Court, S.D. New York
Decided June 29, 2001No. Nos. 98 CIV. 7161(VM), 99 CIV. 9425(VM)PublishedCited by 2 opinions
1Opinion of the Court
DECISION AND ORDER
MARRERO, District Judge.
Page
TABLE OF CONTENTS
I. INTRODUCTION 383
II. THE PARTIES 385
A. PLAINTIFFS.385
B. DEFENDANTS.385
1. Inside Directors/Management Defendants.385
2. Outside Directors.386
3. Securities Sellers.387
4. Auditors .388
5.Nominal Defendants 388
*3816. Additional Rieger Action Defendants.388
III. LIVENT’S BACKGROUND AND DEMISE 389
PUBLIC FINANCINGS AND LOSSES.389
LIVENT’S FRAUD UNCOVERED.390 W
LIVENT’S BANKRUPTCY.391 O
THE INSTANT ACTIONS .392
1. The Noteholders’ Action.392
2. The Rieger Action.392
IV. THE ALLEGED FRAUD 393
FRAUDULENT “REVENUE-GENERATING” TRANSACTIONS .393
1. Pace…
2Cases cited122 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Papasan v. AllainSupreme Court of the United States · 1986
- In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Connecticut National Bank v. GermainSupreme Court of the United States · 1992
117 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- In Re Livent, Inc. Noteholders Securities Litig.District Court, S.D. New York · 2001
- In Re Morgan Stanley Derivative LitigationDistrict Court, S.D. New York · 2008