Legal Opinion
In re Saic Inc. Derivative Litigation
District Court, S.D. New York
Decided June 10, 2013No. 12 Civ. 2437(JPO)PublishedCited by 21 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
J. PAUL OETKEN, District Judge.
In this shareholder derivative suit, Plaintiffs allege that a majority of the Board of Directors of SAIC, Inc. was on actual or constructive notice of significant wrongdoing in relation to the lucrative contract for a program called CityTime, but nonetheless consciously ignored or perpetuated that wrongdoing. Plaintiffs further allege various claims arising from SAIC’s handling of the CityTime program. The defendants in this case have moved to dismiss on several distinct grounds. One such motion was filed by Nominal Defendant SAIC, which…
2Cases cited43 opinions
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Kamen v. Kemper Financial Services, Inc.Supreme Court of the United States · 1991
- Aronson v. LewisSupreme Court of Delaware · 1984
- Ross v. BernhardSupreme Court of the United States · 1969
- Edward E. Lucente, Plaintiff-Appellee-Cross-Appellant v. International Business MacHines Corporation, Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 2002
38 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Willa Rosenbloom v. David PyottCourt of Appeals for the Ninth Circuit · 2014
- Das v. Rio Tinto PLCDistrict Court, S.D. Illinois · 2018
- Ahluwalia v. St. George's University, LLCDistrict Court, E.D. New York · 2014
- Barnett v. Countrywide Bank, FSBDistrict Court, E.D. New York · 2014
- Fouche v. St. Charles HospitalDistrict Court, E.D. New York · 2014
16 more not listed; retrieve them via the Exa API.