In Re Initial Public Offering Securities Litigation
District Court, S.D. New York
1Opinion of the Court
OPINION AND ORDER
SCHEINDLIN, United States District Judge:
This is a securities class action brought on behalf of all persons, other than defendants, who purchased or otherwise acquired American Depositary Shares (“ADSs”) of Rediff.Com India Ltd. (“Re-diff’ or the “Company”) in an initial public offering (“IPO”) on June 14, 2000, and/or who purchased Rediff ADSs on the open market between the time of the IPO and April 4, 2001 (the “Class Period”). Plaintiffs have sued Rediff, the underwriters for Rediffs IPO, 1 and several officers and directors of the Company. 2 Plaintiffs’ Consolidated…
2Cases cited49 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Swierkiewicz v. Sorema N. A.Supreme Court of the United States · 2002
- Hishon v. King & SpaldingSupreme Court of the United States · 1984
- Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
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3Cited by44 opinions
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- In re Smith Barney Transfer Agent LitigationDistrict Court, S.D. New York · 2012
- In Re Axis Capital Holdings Ltd. Securities Lit.District Court, S.D. New York · 2006
- In re Facebook, Inc., IPO Securities & Derivative LitigationDistrict Court, S.D. New York · 2013
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