Legal Opinion
City of Pontiac General Employees' Retirement System v. MBIA, Inc.
Court of Appeals for the Second Circuit
Decided February 28, 2011No. Docket 09-4609-cvPublishedCited by 131 opinions
1Opinion of the Court
DENNIS JACOBS, Chief Judge:
Appellants, a pair of retirement funds representing a proposed class of individuals who purchased stock in MBIA, Inc., appeal a decision by the United States District Court for the Southern District of New York (Stanton, /.) dismissing their proposed class action as barred by the statute of limitations for security fraud claims. The district court concluded that the proposed class was on inquiry notice of the alleged fraud by December 2002, more than two years before suit was filed in April 2005. We vacate the district court’s dismissal and remand for…
2Cases cited11 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Shomo v. City of New YorkCourt of Appeals for the Second Circuit · 2009
- Merck & Co. v. ReynoldsSupreme Court of the United States · 2010
- United States v. FriasCourt of Appeals for the Second Circuit · 2008
- Somoza v. New York City Department of EducationCourt of Appeals for the Second Circuit · 2008
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3Cited by131 opinions
- Koch v. Christie's International PLCCourt of Appeals for the Second Circuit · 2012
- Charles Schwab Corp. v. Bank of America Corp.Court of Appeals for the Second Circuit · 2018
- Smith v. CampbellCourt of Appeals for the Second Circuit · 2015
- Spinelli v. National Football LeagueCourt of Appeals for the Second Circuit · 2018
- Cohen v. Rosicki, Rosicki & Assocs., P.C.Court of Appeals for the Second Circuit · 2018
126 more not listed; retrieve them via the Exa API.