Legal Opinion

In Re Digi International, Inc. Securities Litigation

District Court, D. Minnesota

Decided May 22, 1998No. Civil Master File 97-5(JRT/RLE)PublishedCited by 32 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

TUNHEIM, District Judge.

This action involves allegations of securities fraud. In a consolidated amended complaint, a putative class of persons who purchased Defendant Digi International, Inc.’s (“Digi”) stock between January 25, 1996 and December 23, 1996 (“class plaintiffs”) allege securities fraud under Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and Rule 10b-5 promulgated thereunder, 17 C.F.R. § 240.10b-5, and controlling person liability under Section 20(a) of the 1934 Act, 15 U.S.C. § 78t(a). In a separate amended complaint, the…

2Cases cited37 opinions

  1. Sarah B. Shields, Individually and as Representative of All Others Similarly Situated v. Citytrust Bancorp, Inc., George F. Taylor and Irwin EngelmanCourt of Appeals for the Second Circuit · 1994
  2. Fed. Sec. L. Rep. P 95,228 Rocco Dileo and Louise Dileo v. Ernst & YoungCourt of Appeals for the Seventh Circuit · 1990
  3. Acito v. IMCERA Group, Inc.Court of Appeals for the Second Circuit · 1995
  4. San Leandro Emergency Medical Group Profit Sharing Plan v. Philip Morris Companies, Inc.Court of Appeals for the Second Circuit · 1996
  5. Vicki Westcott, Administratrix of the Estate of Arden Westcott, Deceased v. City of Omaha, a Municipal CorporationCourt of Appeals for the Eighth Circuit · 1990

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3Cited by32 opinions

  1. Adams v. Kinder-Morgan, Inc.Court of Appeals for the Tenth Circuit · 2003
  2. In Re the Baan Co. Securities LitigationDistrict Court, District of Columbia · 2000
  3. In Re Raytheon Securities LitigationDistrict Court, D. Massachusetts · 2001
  4. Stephenson v. Deutsche Bank AGDistrict Court, D. Minnesota · 2003
  5. In Re Theragenics Corp. Securities LitigationDistrict Court, N.D. Georgia · 2000

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

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