Legal Opinion

Smith v. Circuit City Stores, Inc.

District Court, E.D. Virginia

Decided February 10, 2003No. CIV.A.3:02CV 25PublishedCited by 16 opinions

1Opinion of the Court

MEMORANDUM OPINION

SPENCER, District Judge.

This matter is before the Court on Defendants’ Motion to Dismiss Plaintiffs’ Consolidated Amended Class Action Complaint. For the reasons discussed below, Defendants’ Motion is GRANTED.

I

On September 18, 2002, Plaintiffs filed their Consolidated Amended Complaint (“Complaint”). The relevant class period is from June 15, 2001 to June 17, 2002. Plaintiffs’ first allege that the Defendants fraudulently concealed the true cost associated with Circuit City’s abandonment of leased facilities when it exited the appliance business (the “lease claim”).…

2Cases cited25 opinions

  1. In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
  2. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  3. In Re Silicon Graphics Inc. Securities Litigation. Edmund J. Janas v. Edward R. McCracken Michael Ramsay Robert K. Burgess Thomas J. Oswald Teruyasu Sekimoto Forest Baskett Stephen Goggiano William M. Kelly Lucille Shapiro Silicon Graphics, Inc., Deanna Brody Andrea S. Donald Israel Buck Ruth Buck Denise Struthers Thomas G. Di Cicco Ira Steven B. Ewall Rosalyn Golaine Jerry Krim Mary Anne Beke Herman Grossman Samuel J. Reiner Dennis Lucas v. Edward R. McCracken Michael Ramsay Robert K. Burgess Thomas J. Oswald Teruyasu Sekimoto Forest Baskett Stephen Goggiano William M. Kelly Lucille Shapiro Silicon Graphics, Inc.Court of Appeals for the Ninth Circuit · 1999
  4. In Re Time Warner Inc. Securities LitigationCourt of Appeals for the Second Circuit · 1993
  5. Glassman v. Computervision Corp.Court of Appeals for the First Circuit · 1996

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3Cited by16 opinions

  1. Iron Workers Local 16 Pension Fund v. Hilb Rogal & Hobbs Co.District Court, E.D. Virginia · 2006
  2. In re American Apparel, Inc.District Court, C.D. California · 2012
  3. Patel v. ParnesDistrict Court, C.D. California · 2008
  4. In Re Williams Securities LitigationDistrict Court, N.D. Oklahoma · 2007
  5. In Re Cree, Inc. Securities LitigationDistrict Court, M.D. North Carolina · 2004

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