Legal Opinion
In Re Bank of Boston Corp. Securities Litigation
District Court, D. Massachusetts
Decided May 1, 1991No. 89-2269-HPublishedCited by 64 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
HARRINGTON, District Judge.
Plaintiffs in this action are all shareholders or purchasers of stock in the Bank of Boston Corporation (the “Bank”). Plaintiffs assert that, during the period October 20, 1988 through January 3, 1990, the Bank, through its officers and directors, published materially false and misleading information concerning the Bank’s financial condition and its projected profitability in a scheme to manipulate the market price of the Bank’s securities. Because the plaintiffs purchased Bank stock during that period, allegedly at an artificially high price,…
2Cases cited26 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Warth v. SeldinSupreme Court of the United States · 1975
- General Telephone Co. of Southwest v. FalconSupreme Court of the United States · 1982
- Eisen v. Carlisle & JacquelinSupreme Court of the United States · 1974
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
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3Cited by64 opinions
- William ALPERN and Russell D. Miller, on Behalf of Themselves and All Others Similarly Situated, Appellants, v. UTILICORP UNITED, INC., AppelleeCourt of Appeals for the Eighth Circuit · 1996
- Guckenberger v. Boston UniversityDistrict Court, D. Massachusetts · 1997
- Zucker v. QuashaDistrict Court, D. New Jersey · 1995
- In re Credit Suisse-AOL Securities LitigationDistrict Court, D. Massachusetts · 2008
- In Re Salomon Smith Barney Mutual Fund Fees LitigationDistrict Court, S.D. New York · 2006
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