Legal Opinion

Renz v. Schreiber

District Court, D. New Jersey

Decided July 7, 1993No. Civ. A. 92-2527(JBS)PublishedCited by 10 opinions

1Opinion of the Court

OPINION

SIMANDLE, District Judge:

This federal securities law class action is before the court on defendants’ motion to dismiss the Consolidated Amended Complaint pursuant to Federal Rule of Civil Procedure 12(b)(6). The issue presented is whether plaintiffs’ allegations that the defendants made optimistic public projections for success of the corporation’s expected performance in sales of frozen carbonated beverages in knowing or reckless disregard of material adverse facts, continuing before and after plaintiff-shareholders purchased corporate stock in reliance upon the projections, states a…

2Cases cited45 opinions

  1. Conley v. GibsonSupreme Court of the United States · 1957
  2. Scheuer v. RhodesSupreme Court of the United States · 1974
  3. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  4. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  5. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976

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3Cited by10 opinions

  1. D.E. & J Ltd. Partnership v. ConawayDistrict Court, E.D. Michigan · 2003
  2. Zucker v. QuashaDistrict Court, D. New Jersey · 1995
  3. G-I Holdings, Inc. v. Those Parties Listed on Exhibit a (In Re G-I Holdings, Inc.)United States Bankruptcy Court, D. New Jersey · 2004
  4. Interfaith Community Organization v. Alliedsignal, Inc.District Court, D. New Jersey · 1996
  5. In Re Suprema Specialities, Inc. Securities LitigationDistrict Court, D. New Jersey · 2004

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