In Re VIATRON COMPUTER SYSTEMS CORPORATION LITIGATION. Appeal of ARTHUR ANDERSEN & CO.
Court of Appeals for the First Circuit
1Opinion of the Court
COFFIN, Chief Judge.
This appeal arises from five consolidated class actions brought on behalf of the purchasers of certain securities of Viatron Computer Systems Corp. (Viatron), a Massachusetts corporation, after the filing of a bankruptcy petition by Viatron in 1971. Read together, the complaints allege violations of Section 11 of the Securities Act of 1933, 15 U.S.C. § 77k, and Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), in the issuance of documents which were allegedly materially misleading with respect to Viatron’s prospects for survival. Among those named…
2Cases cited12 opinions
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- Bersch v. Drexel Firestone, Inc.Court of Appeals for the Second Circuit · 1975
- William Hardin Bogard, Jr. v. Thomas D. Cook, Former Superintendent of the Mississippi State PenitentiaryCourt of Appeals for the Fifth Circuit · 1978
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