In Re SCB Computer Technology, Inc., Securities Litigation
District Court, W.D. Tennessee
1Opinion of the Court
ORDER GRANTING DEFENDANTS’ MOTIONS TO DISMISS
GIBBONS, District Judge.
The plaintiffs in these consolidated cases seek damages against defendants SCB Computer Technology, Inc. (“SCB”), Ben C. Bryant, Jr., T. Scott Cobb, Gary E. McCarter, and Ernst & Young LLP (“E & Y”) for their alleged securities fraud. 1 Specifically, plaintiffs, who seek to represent a class of purchasers of SCB’s common stocks, 2 allege that SCB and the three individual defendants “reported materially false and misleading financial results for the fiscal years ending April 30, 1998, and April 30, 1999,” and that “E & Y…
2Cases cited40 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- Rothman v. GregorCourt of Appeals for the Second Circuit · 2000
- Vivian J. Scheid v. Fanny Farmer Candy Shops, Inc.Court of Appeals for the Sixth Circuit · 1988
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3Cited by18 opinions
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- Fidel v. FarleyCourt of Appeals for the Sixth Circuit · 2004
- In Re Cardinal Health Inc. Securities LitigationsDistrict Court, S.D. Ohio · 2006
- In Re Rent-Way Securities LitigationDistrict Court, W.D. Pennsylvania · 2002
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