Legal Opinion
City of Livonia Employees' Retirement System & Local 295/Local 851 v. Boeing Co.
Court of Appeals for the Seventh Circuit
Decided March 26, 2013No. 12-1899, 12-2009PublishedCited by 54 opinions
1Opinion of the Court
POSNER, Circuit Judge.
These appeals present questions — substantive, procedural, and also relating to sanctions for attorney misconduct — arising from the plaintiffs’ claim that the Boeing Company, along with its chief executive officer (McNerney) and the head of its commercial aircraft division (Carson), committed securities fraud in violation of section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and SEC Rule 10b-5, 17 C.F.R. § 240.10b~5. The suit, filed as a class action, does not specify a damages figure, but at argument the plaintiffs’ lawyer indicated that the…
2Cases cited33 opinions
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3Cited by54 opinions
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