Legal Opinion
Rodriguez-Ortiz v. Margo Caribe, Inc.
Court of Appeals for the First Circuit
Decided June 18, 2007No. 06-1765PublishedCited by 368 opinions
1Opinion of the Court
LYNCH, Circuit Judge.
José Fernando Rodriguez-Ortiz filed a federal securities fraud claim against his former employer Margo Caribe, Inc. and its chief executive officer, Michael J. Spec-tor (collectively, “Margo”) over Margo’s refusal to allow Rodriguez to exercise certain stock options after he resigned from the company. The district court dismissed the claim for failure to meet the pleading standards of the Private Securities Litiga tion Reform Act of 1995 (PSLRA), 15 U.S.C. § 78u-4(b), and Rodriguez now challenges that dismissal. As to Rodriguez’s primary theory of fraud, under the PSLRA,…
2Cases cited14 opinions
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- Conley v. GibsonSupreme Court of the United States · 1957
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
- Greebel v. FTP Software, Inc.Court of Appeals for the First Circuit · 1999
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3Cited by368 opinions
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- Securities & Exchange Commission v. TamboneCourt of Appeals for the First Circuit · 2008
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