Legal Opinion

In Re Microstrategy, Inc. Securities Litigation

District Court, E.D. Virginia

Decided October 26, 2001No. CIV. A. 00-473-APublishedCited by 24 opinions

1Opinion of the Court

MEMORANDUM OPINION

ELLIS, District Judge.

This federal securities fraud class action has settled. Specifically, plaintiffs settled their claims against the MicroStrategy De- ■ fendants 1 for a total consideration (payable wholly in notes, common stock, and warrants) valued at $98.5-137.5 million, depending on the market for the securities. 2 And plaintiffs’ claims against Pricewater-houseCoopers (“PwC”) were settled for a total cash consideration of $55 million. 3 Both settlements were judicially approved as fair and reasonable following the requisite notice to the class and opportunity to…

2Cases cited22 opinions

  1. Blum v. StensonSupreme Court of the United States · 1984
  2. Alyeska Pipeline Service Co. v. Wilderness SocietySupreme Court of the United States · 1975
  3. Johnson v. Georgia Highway Express, Inc.Court of Appeals for the Fifth Circuit · 1974
  4. Boeing Co. v. Van GemertSupreme Court of the United States · 1980
  5. In Re General Motors Corporation Pick-Up Truck Fuel Tank Products Liability Litigation. Jack French, Robert M. West, Charles E. Merritt, Gary Blades, Dawn and Tracey Best, Gary and Jackie Barnes, Betty Marteny, John and Mary Southands, Edmund Berning, Dale W. Plummer, Edmund and Anneta Casey, John and Connie Yonki, Carl and Kathryn Corona, Dallas and Patricia Nelson, Mynard and Mildred Duncan, Kirby L. Stegman, Dewayne Anderson, Morris and Barbara Betzold, in No. 94-1064. Rudolph Jenkins, William D. Cunningham, Mather Johnson, Forrest Charles Ginn, Buren William Jones and Martin D. Parkman, in No. 94-1194. Parish of Jefferson, in No. 94-1195. The State of New York, in No. 94-1198. Elton Wilson, Individually, and Frank I. Owen, Individually and on Behalf of the Residents of the State of Alabama, in No. 94-1202. City of New York, in No. 94-1203. Betty Youngs, Barbara Phillips, Margaret Engel, Larry Swope, Robbin Maxwell and Center for Auto Safety, in No. 94-1207. Betty Youngs, Barbara Phillips, Margaret Engel, Larry Swope, Robbin Maxwell and Center for Auto Safety, in No. 94-1208. Commonwealth of Pennsylvania, Department of Transportation, in No. 94-1219Court of Appeals for the Third Circuit · 1995

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3Cited by24 opinions

  1. In Re Cardinal Health Inc. Securities LitigationsDistrict Court, S.D. Ohio · 2007
  2. Jones v. Dominion Resources Services, Inc.District Court, S.D. West Virginia · 2009
  3. Singleton v. Domino's Pizza, LLCDistrict Court, D. Maryland · 2013
  4. Boyd v. Coventry Health Care Inc.District Court, D. Maryland · 2014
  5. In Re Royal Ahold N v. Securities & Erisa LitigationDistrict Court, D. Maryland · 2006

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

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