Legal Opinion

Gearren v. McGraw-Hill Companies, Inc.

District Court, S.D. New York

Decided February 10, 2010No. 08 Civ. 7890(RJS), 09 Civ. 5450(RJS)PublishedCited by 21 opinions

1Opinion of the Court

OPINION AND ORDER

RICHARD J. SULLIVAN, District Judge:

Before the Court are two substantially identical cases that have been consolidated for resolution, with the parties’ consent. Both are purported class actions brought by current and former employees of the McGraw-Hill Companies, Inc. (“McGrawHill” or “the company”), alleging that the company and some of its committees, directors, and employees violated the fiduciary duties imposed by the Employee Retirement Income Security Act of 1974.

Plaintiffs allege that Defendants knew or should have known that McGraw-Hill stock was likely to decline…

2Cases cited33 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Foman v. DavisSupreme Court of the United States · 1962
  4. Firestone Tire & Rubber Co. v. BruchSupreme Court of the United States · 1989
  5. Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007

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3Cited by21 opinions

  1. Loreley Financing (Jersey) No. 3 Ltd. v. Wells Fargo Securities, LLCCourt of Appeals for the Second Circuit · 2015
  2. Litwin v. Blackstone Group, L.P.Court of Appeals for the Second Circuit · 2011
  3. In Re Bear Stearns Companies, Inc. Securities, Derivative, & Erisa LitigationDistrict Court, S.D. New York · 2011
  4. In Re Citigroup ERISA LitigationCourt of Appeals for the Second Circuit · 2011
  5. Gearren v. the McGraw-Hill Companies, Inc.Court of Appeals for the Second Circuit · 2011

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