Legal Opinion
ACA Financial Guaranty Corp. v. Advest, Inc.
Court of Appeals for the First Circuit
Decided January 10, 2008No. 07-1367PublishedCited by 15 opinions
1Opinion of the Court
LYNCH, Circuit Judge.
Bond purchasers brought suit alleging violations of federal securities laws in the May 1998 offering of bonds of Bradford College in Massachusetts. In January 2000, the college defaulted on its bond obligations. This suit was brought ten months later. The district court dismissed the amended complaint for failure to meet the pleading standards in the Private Securities Litigation Reform Act of 1995 (“PSLRA”), Pub.L. No. 104-67, 109 Stat. 737. McKeown v. Advest, Inc. (McKeown I), 2006 WL 2974154 (D.Mass. Sept.30, 2006). The district court also denied the plaintiffs’ motion…
2Cases cited42 opinions
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Conley v. GibsonSupreme Court of the United States · 1957
- Foman v. DavisSupreme Court of the United States · 1962
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
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3Cited by15 opinions
- Mississippi Public Employees' Retirement System v. Boston Scientific Corp.Court of Appeals for the First Circuit · 2008
- Hill v. GozaniCourt of Appeals for the First Circuit · 2011
- United States ex rel. Hagerty v. Cyberonics, Inc.District Court, D. Massachusetts · 2015
- Bern Unlimited, Inc. v. Burton Corp.District Court, D. Massachusetts · 2014
- OZBAKIR v. ScottiDistrict Court, W.D. New York · 2011
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