Legal Opinion
In re Global Crossing Securities & Erisa Litigation
District Court, S.D. New York
Decided November 24, 2004No. 02 MD 1472(GEL)PublishedCited by 132 opinions
1Opinion of the Court
OPINION AND ORDER
LYNCH, District Judge.
Plaintiffs, Settling Defendants1 — former officers, directors, and employees of Global Crossing Ltd. (“GCL”) and Asia Global Crossing Ltd. (“AGC”) (collectively “GX”)— and the law firm Simpson Thatcher & Bartlett LLP (“STB”)2 — have submitted for this Court’s approval an approximately $325 million partial settlement of litigation stemming from alleged accounting improprieties resulting in the artificial inflation of the price of GCL and AGC stock. After the Court held a fairness hearing, and the parties modified the prehminarily-approved settlement, this…
2Cases cited61 opinions
- Mullane v. Central Hanover Bank & Trust Co.Supreme Court of the United States · 1950
- Amchem Products, Inc. v. WindsorSupreme Court of the United States · 1997
- Eisen v. Carlisle & JacquelinSupreme Court of the United States · 1974
- Massachusetts Mutual Life Insurance v. RussellSupreme Court of the United States · 1985
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
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3Cited by132 opinions
- Sullivan v. DB Investments, Inc.Court of Appeals for the Third Circuit · 2011
- In re Schering Plough Corp. Erisa LitigationCourt of Appeals for the Third Circuit · 2009
- In Re Veritas Software Corp. Securities LitigationCourt of Appeals for the Ninth Circuit · 2007
- In Re Cardinal Health Inc. Securities LitigationsDistrict Court, S.D. Ohio · 2007
- In Re Enron Corp. SecuritiesDistrict Court, S.D. Texas · 2008
127 more not listed; retrieve them via the Exa API.