Legal Opinion

In Re Coleco Securities Litigation

District Court, S.D. New York

Decided August 10, 1984No. 83 CIV 9199 (LBS)PublishedCited by 15 opinions

1Opinion of the Court

OPINION

SAND, District Judge.

This case involves 1) a purported class action brought on behalf of those persons who purchased common stock and call options of Coleco Industries, Inc. (“Coleco”) from May 27, 1983 to September 29, 1983 and who continued to hold these investments on September 30, 1983, and 2) a derivative suit brought on behalf of Coleco. The alleged class has yet to be certified. Defendants in the class action include Cole-co and certain of its officers. These officers are also defendants in the derivative suit; one Bruce Stein, an investor in Cole-co, is plaintiff in the…

2Cases cited37 opinions

  1. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  2. West v. American Telephone & Telegraph Co.Supreme Court of the United States · 1940
  3. Ultramares Corp. v. ToucheNew York Court of Appeals · 1931
  4. Lehman Brothers v. ScheinSupreme Court of the United States · 1974
  5. Glanzer v. . ShepardNew York Court of Appeals · 1922

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3Cited by15 opinions

  1. Paul Stevelman, Individually and on Behalf of All Others Similarly Situated v. Alias Research Inc. And Stephen R.B. BinghamCourt of Appeals for the Second Circuit · 1999
  2. In re Consumers Power Co. Securities LitigationDistrict Court, E.D. Michigan · 1985
  3. In Re Par Pharmaceutical, Inc. Securities LitigationDistrict Court, S.D. New York · 1990
  4. Alfus v. Pyramid Technology Corp.District Court, N.D. California · 1990
  5. In Re Worlds of Wonder Securities LitigationDistrict Court, N.D. California · 1988

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