Legal Opinion

Iron Workers Local No. 25 Pension Fund v. Credit-Based Asset Servicing & Securitization, LLC

District Court, S.D. New York

Decided May 26, 2009No. 08 Civ. 10841 (JSR), 09 Civ. 1392 (JSR)PublishedCited by 27 opinions

1Opinion of the Court

OPINION

JED S. RAKOFF, District Judge.

By motions filed earlier this year, the two respective plaintiffs in these consolidated class actions each sought to be appointed “lead plaintiff,” a position that carries with it enhanced responsibility for the conduct of the litigation and — dare one mention it — increased legal fees for the law firm representing whichever plaintiff is chosen to lead. The choice presented a classic dilemma, in the sense of a choice between two less-than-perfect plaintiffs. Still, a choice had to be made if the case were to proceed, and so on April 23, 2009, the Court…

2Cases cited6 opinions

  1. In re Donnkenny Inc. Securities LitigationDistrict Court, S.D. New York · 1997
  2. In Re Razorfish, Inc. Securities LitigationDistrict Court, S.D. New York · 2001
  3. In re Vicuron Pharmaceuticals, Inc. Securities LitigationDistrict Court, E.D. Pennsylvania · 2004
  4. In Re Doral Financial Corp. Securities LitigationDistrict Court, S.D. New York · 2006
  5. In re Pfizer Inc. Securities LitigationDistrict Court, S.D. New York · 2005

1 more not listed; retrieve them via the Exa API.

3Cited by27 opinions

  1. Public Employees' Retirement System v. Merrill Lynch & Co.District Court, S.D. New York · 2011
  2. Richman v. Goldman Sachs Group, Inc.District Court, S.D. New York · 2011
  3. In re Vitamin C Antitrust LitigationDistrict Court, E.D. New York · 2012
  4. Goldemberg v. Johnson & Johnson Consumer Companies, Inc.District Court, S.D. New York · 2016
  5. In re Countrywide Financial Corp. Securities LitigationDistrict Court, C.D. California · 2009

22 more not listed; retrieve them via the Exa API.

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