Legal Opinion
In Re Parmalat Securities Litigation
District Court, S.D. New York
Decided January 27, 2009No. Master Docket 04 MD 1653(LAK)PublishedCited by 17 opinions
1Opinion of the Court
MEMORANDUM OPINION
LEWIS A. KAPLAN, District Judge.
Parmalat Finanziaria, S.p.A., Parmalat S.p.A. and their affiliates (collectively, “Parmalat”) collapsed upon the discovery of a massive fraud that reportedly involved the understatement of Parmalat’s debt by nearly $10 billion and the overstatement of its net assets by $16.4 billion. 1 Plaintiffs, purchasers of Parmalat securities between January 5, 1999 and December 18, 2003 (the “Class Period”), seek damages against Parmalat’s accountants, banks and others. In a series of decisions, the Court granted in part and denied in part various…
2Cases cited50 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- United States v. BestfoodsSupreme Court of the United States · 1998
- Stoneridge Investment Partners, LLC v. Scientific-Atlanta, Inc.Supreme Court of the United States · 2008
- Securities and Exchange Commission v. First Jersey Securities, Inc. And Robert E. BrennanCourt of Appeals for the First Circuit · 1996
- Richard S. RASKIN, Plaintiff-Appellant, v. the WYATT COMPANY, Defendant-AppelleeCourt of Appeals for the Second Circuit · 1997
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3Cited by17 opinions
- In re Parmalat Securities LitigationDistrict Court, S.D. New York · 2009
- Anwar v. Fairfield Greenwich Ltd.District Court, S.D. New York · 2010
- Menaldi v. Och-Ziff Capital Management Group LLCDistrict Court, S.D. New York · 2016
- In re Bioscrip, Inc. Securities LitigationDistrict Court, S.D. New York · 2015
- Northern Shipping Funds I, LLC v. Icon Capital Corp.District Court, S.D. New York · 2013
12 more not listed; retrieve them via the Exa API.