Local No. 38 International Brotherhood of Electrical Workers Pension Fund v. American Express Co.
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM & ORDER
WILLIAM H. PAULEY III, District Judge:
Lead Plaintiff Local No. 38 International Brotherhood of Electrical Workers Pen sion Fund (the “Pension Fund” or “Plaintiff’) brings this putative class action against Defendants American Express Company (“AMEX” or the “Company”) and two of its officers, Kenneth Chenault (“Chenault”) and Daniel Henry (“Henry”) (collectively, the “Individual Defendants”). Plaintiff alleges that Defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) by misleading investors about AMEX’s underwriting…
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