Legal Opinion
Shanawaz v. Intellipharmaceutics Int'l Inc.
District Court, S.D. Illinois
Decided December 17, 2018No. 17-CV-5761 (JPO)PublishedCited by 6 opinions
1Opinion of the Court
J. PAUL OETKEN, District Judge:
This is a putative shareholder class action consolidated from three related lawsuits brought against Intellipharmaceutics *316International Inc. ("IPCI") and two of its executives, Isa Odidi and Domenic Della Penna (collectively, "Defendants") based on their alleged violations of the Securities Exchange Act of 1934 ("Exchange Act"). The crux of the plaintiffs' allegations is that Defendants misled investors regarding the types of research and testing IPCI had performed on one of its products, and that plaintiffs' stock value dropped once the truth came to light.
On…
2Cases cited19 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- ATSI Communications, Inc. v. Shaar Fund, Ltd.Court of Appeals for the Second Circuit · 2007
- Matrixx Initiatives, Inc. v. SiracusanoSupreme Court of the United States · 2011
14 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- In re Mylan N.V. Sec. Litig.District Court, S.D. Illinois · 2019
- Carper v. TMC the metals company Inc.District Court, E.D. New York · 2025
- Corwin v. Y-mAbs Therapeutics, Inc.District Court, S.D. New York · 2024
- In Re: MYLAN N.V. SECURITIES LITIGATIONDistrict Court, S.D. New York · 2020
- In re Actinium Pharmaceuticals, Inc. Securities LitigationDistrict Court, S.D. New York · 2026
1 more not listed; retrieve them via the Exa API.