Legal Opinion
Cummins v. SUNTRUST CAPITAL MARKETS, INC.
District Court, S.D. New York
Decided August 20, 2009No. 07 Civ. 4633(JGK)PublishedCited by 9 opinions
1Opinion of the Court
Opinion and Order
JOHN G. KOELTL, District Judge.
This is an action for defamation arising out of two analyst reports and related statements to the media criticizing the issuance of certain options to Robert P. “Skip” Cummins, the former Chief Executive Officer (“CEO”) of Cyberonics, Inc. (“Cyberonics”), and other Cyberonics executives. The gist of the analyst reports and related statements was that the option grants were timed to exploit information favorable to Cyberonics that ordinary shareholders of the company could not exploit. The analyst reports and related statements characterized the…
2Cases cited57 opinions
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- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- New York Times Co. v. SullivanSupreme Court of the United States · 1964
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3Cited by9 opinions
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