Legal Opinion
Liu v. Credit Suisse First Boston Corp.
District Court, S.D. New York
Decided July 27, 2005No. MDL 1554(SAS); No. 21 MC 92(SAS); No. 04 Civ. 3757(SAS)PublishedCited by 1 opinion
1Opinion of the Court
OPINION AND ORDER
SCHEINDLIN, District Judge.
Plaintiffs’ claims in the Liu action, No. 04 Civ. 3757, have been dismissed.1 Defendants now request sanctions pursuant to the Private Securities Litigation Reform Act (the “PSLRA”), 15 U.S.C. § 78u-4(c), and Rule 11 of the Federal Rules of Civil Procedure.
1. LEGAL STANDARD
Section 21(D)(c) of the PSLRA, entitled “Sanctions for abusive litigation,” provides:
In any private action arising under this chapter, upon final adjudication of the action, the court shall include in the record specific findings regarding compliance by each party and each…
2Cases cited7 opinions
- Susan Mary Kamen v. American Telephone & Telegraph Co., Patricia McDonald and Carol BuckhamCourt of Appeals for the Second Circuit · 1986
- LAWRENCE STOREY, — v. CELLO HOLDINGS, L.L.C., CELLO MUSIC AND FILM SYSTEMS, INC., — HERRICK, FEINSTEIN LLP AND ODIN, FELDMAN & PITTLEMAN, P.C.Court of Appeals for the Second Circuit · 2003
- In Re Initial Public Offering Securities Lit.District Court, S.D. New York · 2005
- Rodick v. City of SchenectadyCourt of Appeals for the Second Circuit · 1993
- In Re Initial Public Offering Securities LitigationDistrict Court, S.D. New York · 2005
2 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- In Re Initial Public Offering Securities LitigationDistrict Court, S.D. New York · 2005