Legal Opinion

In Re Health Management Systems, Inc. Securities Litigation

District Court, S.D. New York

Decided February 4, 2000No. 97 CIV. 1865 RMB JCFPublishedCited by 8 opinions

1Opinion of the Court

DECISION AND ORDER

BERMAN, District Judge.

This securities fraud class action was filed on March 17, 1997 (the “Action”). 1 Plaintiffs alleged that Defendants, Health Management Systems, Inc. (“HMS”) 2 , and certain of its officers and directors including Defendant Philip Siegel (“Siegel”), the former Chief Financial Officer for HMS, disseminated false and misleading statements designed unlawfully to inflate the price of'HMS stock.

On August 6, 1998, a stipulation dismissing Siegel from the Action “with prejudice” was executed by Plaintiffs and Siegel. 3 Siegel was and is individually…

2Cases cited15 opinions

  1. Hooper Associates Ltd. v. AGS Computers, Inc.New York Court of Appeals · 1989
  2. Nelson v. SmithDistrict Court, S.D. New York · 1985
  3. Bridgestone/firestone, Inc. v. Recovery Credit Services, Inc., Revenue Recovery, Inc. And George BeladinoCourt of Appeals for the Second Circuit · 1996
  4. Oliveri v. ThompsonCourt of Appeals for the Second Circuit · 1986
  5. A. G. Ship Maintenance Corp. v. LezakNew York Court of Appeals · 1986

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3Cited by8 opinions

  1. Baker v. Health Management Systems, Inc.New York Court of Appeals · 2002
  2. Versatile Housewares & Gardening Systems, Inc. v. Thill Logistics, Inc.District Court, S.D. New York · 2011
  3. Marincovich v. Dunes Hotels & Casinos, Inc.Appellate Division of the Supreme Court of the State of New York · 2007
  4. Baker v. Health Management Systems, Inc.Court of Appeals for the Second Circuit · 2002
  5. Baker v. Health Management Systems, Inc.Court of Appeals for the Second Circuit · 2001

3 more not listed; retrieve them via the Exa API.

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