Legal Opinion
Fire and Police Pension Assoc v. Abiomed, Inc.
Court of Appeals for the First Circuit
Decided February 6, 2015No. 14-1502PublishedCited by 87 opinions
1Opinion of the Court
LYNCH, Chief Judge.
Not all claims of wrongdoing by a company make out a viable claim that the company has committed securities fraud. This case is an example.
Institutional investors, asserting claims on behalf of a putative class of purchasers of the stock of defendant Abiomed, Inc., 1 brought suit against Abiomed and two of its officers, Michael Minogue and Robert Bowen, alleging that all defendants committed securities fraud in violation of section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and SEC Rule 10b — 5; and that the individual defendants violated section…
2Cases cited22 opinions
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Valerie Watterson v. Eileen PageCourt of Appeals for the First Circuit · 1993
- Novak v. KasaksCourt of Appeals for the Second Circuit · 2000
17 more not listed; retrieve them via the Exa API.
3Cited by87 opinions
- Kader v. Sarepta Therapeutics, Inc.Court of Appeals for the First Circuit · 2018
- Bradley v. ARIAD Pharmaceuticals, Inc.Court of Appeals for the First Circuit · 2016
- Owens v. JastrowCourt of Appeals for the Fifth Circuit · 2015
- In Re: Biogen Inc. Sec. Litig. v.Court of Appeals for the First Circuit · 2017
- Squeri v. Mount Ida CollegeCourt of Appeals for the First Circuit · 2020
82 more not listed; retrieve them via the Exa API.