Legal Opinion
In Re Xcel Energy, Inc., Securities, Derivative & "ERISA" Litigation
District Court, D. Minnesota
Decided March 10, 2004No. CIV.02-2677 DSD/FLN, MDL NO. 1511, 03-2218, 03-2219PublishedCited by 40 opinions
1Opinion of the Court
ORDER
DOTY, District Judge.
This matter is before the court upon the joint motions of defendants to dismiss the actions 1 for failure to state a claim upon which relief may be granted. For the following reasons, defendants’ motions are granted in part and denied in part.
BACKGROUND
These actions stem from a drastic reduction in the market value of Xcel Energy, Inc. (“Xcel”) stock following Xcel’s disclosure of adverse information about its financial ties to its subsidiary, NRG Energy, and a Securities Exchange Commission (“SEC”) investigation of Xcel and its subsidiaries relating to alleged…
2Cases cited40 opinions
- Swierkiewicz v. Sorema N. A.Supreme Court of the United States · 2002
- Hishon v. King & SpaldingSupreme Court of the United States · 1984
- Massachusetts Mutual Life Insurance v. RussellSupreme Court of the United States · 1985
- Varity Corp. v. HoweSupreme Court of the United States · 1996
- Mertens v. Hewitt AssociatesSupreme Court of the United States · 1993
35 more not listed; retrieve them via the Exa API.
3Cited by40 opinions
- Edward Delker v. Mastercard International Inc.Court of Appeals for the Eighth Circuit · 2022
- In Re Xcel Energy, Inc., Securities, Derivative & "ERISA" LitigationDistrict Court, D. Minnesota · 2005
- In Re AEP Erisa LitigationDistrict Court, S.D. Ohio · 2004
- In Re Morgan Stanley Erisa LitigationDistrict Court, S.D. New York · 2009
- In Re Sprint Corp. ERISA LitigationDistrict Court, D. Kansas · 2004
35 more not listed; retrieve them via the Exa API.