Legal Opinion

STMicroelectronics v. Credit Suisse Group

District Court, E.D. New York

Decided March 31, 2011No. 08 CV 3201(RJD)(RML)PublishedCited by 9 opinions

1Opinion of the Court

MEMORANDUM & ORDER

DEARIE, Chief Judge.

Plaintiff STMicroelectronics (“ST”) seeks to hold defendant Credit Suisse Group (“CSG”) liable under Securities Exchange Act Section 20(a) as a “controlling person” of non-party subsidiary Credit Suisse Securities (“CSS”), for the intentional breach of investment obligations by the pair of Credit Suisse brokers in charge of ST’s account. ST brings related claims for conversion, unjust enrichment and aiding and abetting common law fraud. Additionally, ST moves to amend its complaint to bolster allegations of wrongdoing by Credit Suisse entities and their…

2Cases cited43 opinions

  1. Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002
  2. Dean Witter Reynolds Inc. v. ByrdSupreme Court of the United States · 1985
  3. Provident Tradesmens Bank & Trust Co. v. PattersonSupreme Court of the United States · 1968
  4. Edward E. Lucente, Plaintiff-Appellee-Cross-Appellant v. International Business MacHines Corporation, Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 2002
  5. Stoneridge Investment Partners, LLC v. Scientific-Atlanta, Inc.Supreme Court of the United States · 2008

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3Cited by9 opinions

  1. STMicroelectronics, N v. v. Credit Suisse Securities (USA) LLCCourt of Appeals for the Second Circuit · 2011
  2. In Re Lehman Bros. Securities and Erisa LitigationDistrict Court, S.D. New York · 2011
  3. McIntire v. China MediaExpress Holdings, Inc.District Court, S.D. New York · 2013
  4. Elbit Systems, Ltd. v. Credit Suisse GroupDistrict Court, S.D. New York · 2013
  5. Poptech, L.P. v. Stewardship Credit Arbitrage Fund, LLCDistrict Court, D. Connecticut · 2011

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

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