Legal Opinion
In Re Rent-Way Securities Litigation
District Court, W.D. Pennsylvania
Decided December 22, 2003No. Civil Action 00-323 EriePublishedCited by 14 opinions
1Opinion of the Court
MEMORANDUM OPINION
MCLAUGHLIN, District Judge.
In this class action lawsuit, Plaintiffs aver that accounting improprieties at Rent-Way, Inc. artificially inflated the price of Rent-Way’s common stock during the period December 10, 1998 through October 27, 2000 (the “Class Period”). When the discrepancies were disclosed, the price of the stock fell precipitously, resulting in a number of securities fraud lawsuits that have been consolidated in this litigation.
Presently pending before the Court is a motion for final approval of a stipulated settlement (the “Settlement”) between Lead Plaintiff for…
2Cases cited40 opinions
- Deposit Guaranty National Bank v. RoperSupreme Court of the United States · 1980
- Blackie v. BarrackCourt of Appeals for the Ninth Circuit · 1975
- In Re: The Prudential Insurance Company Of America Sales Practices LitigationCourt of Appeals for the Third Circuit · 1998
- 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
- Vizcaino v. Microsoft Corp.Court of Appeals for the Ninth Circuit · 2002
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3Cited by14 opinions
- Allapattah Services, Inc. v. Exxon Corp.District Court, S.D. Florida · 2006
- Galt v. Eagleville Hosp.District Court, E.D. Pennsylvania · 2018
- Dewey v. Volkswagen of AmericaDistrict Court, D. New Jersey · 2010
- Yong Soon Oh v. AT & T Corp.District Court, D. New Jersey · 2004
- Bradburn Parent Teacher Store, Inc. v. 3M (Minnesota Mining & Manufacturing Co.)District Court, E.D. Pennsylvania · 2007
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