Legal Opinion
Campo v. Sears Holdings Corp.
District Court, S.D. New York
Decided July 21, 2009No. 06 Civ. 4053 (LAK)PublishedCited by 17 opinions
1Opinion of the Court
MEMORANDUM OPINION
LEWIS A. KAPLAN, District Judge.
Lead plaintiffs, former shareholders of Kmart Holding Corporation (“Kmart”), bring this purported class action against Sears Holdings Corporation (“Sears”), Edward S. Lampert, and Julian Day. They claim that defendants knowingly made statements that substantially undervalued Kmart’s real estate assets during and in the immediate wake of its reorganization in order artificially to suppress the price of the company’s stock. The matter is before the Court on defendants’ motion to dismiss the Consolidated Class Action Complaint (the “Complaint”)…
2Cases cited21 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002
- ATSI Communications, Inc. v. Shaar Fund, Ltd.Court of Appeals for the Second Circuit · 2007
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3Cited by17 opinions
- Pereira v. Grecogas Ltd. (In Re Saba Enterprises, Inc.)United States Bankruptcy Court, S.D. New York · 2009
- Local No. 38 International Brotherhood of Electrical Workers Pension Fund v. American Express Co.District Court, S.D. New York · 2010
- O'Toole v. Karnani (In Re Trinsum Group, Inc.)United States Bankruptcy Court, S.D. New York · 2011
- Official Committee of Unsecured Creditors of Hydrogen, L.L.C. v. Blomen (In re Hydrogen, L.L.C.)United States Bankruptcy Court, S.D. New York · 2010
- Board of Trustees of Ft. Lauderdale v. Mechel OaoDistrict Court, S.D. New York · 2011
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