Legal Opinion

GAMCO Investors, Inc. v. Vivendi Universal, S.A.

Court of Appeals for the Second Circuit

Decided September 27, 2016No. 13-1194(L), 13-1377(XAP)PublishedCited by 28 opinions

1Per curiam

This appeal stems from the same' set of underlying facts as those in In re Vivendi S.A. Securities Litigation, Nos. 15-180-cv(L), 15-208-cv(XAP), in which we have today issued a separate opinion. Plaintiffs-Appellants-Cross-Appellees ■ (collectively, “GAMCO”) are so-called “value investors” who make their own estimation of the value of a publicly-traded company’s securities and attempt to buy such securities when the market price is lower than its own valuation, betting that the market price will rise over time. Between 2000 and 2002, GAMCO invested in the securities of…

2Cases cited11 opinions

  1. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  2. Amgen Inc. v. Connecticut Retirement Plans and Trust FundsSupreme Court of the United States · 2013
  3. Teamsters Local 445 Freight Division Pension Fund v. Bombardier Inc.Court of Appeals for the Second Circuit · 2008
  4. Halliburton Co. v. Erica P. John Fund, Inc.Supreme Court of the United States · 2014
  5. Stampf v. Long Island RailroadCourt of Appeals for the Second Circuit · 2014

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3Cited by28 opinions

  1. Wright v. MusantiCourt of Appeals for the Second Circuit · 2018
  2. Doubleline Capital LP v. Odebrecht Fin., Ltd.District Court, S.D. Illinois · 2018
  3. In re Banco Bradesco S.A. Securities LitigationDistrict Court, S.D. New York · 2017
  4. Ong v. Chipotle Mexican Grill, Inc.District Court, S.D. Illinois · 2018
  5. Howard v. Liquidity Services, Inc.District Court, District of Columbia · 2017

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