Legal Opinion

City of Sterling Heights Police & Fire Retirement System v. Vodafone Group Public Ltd.

District Court, S.D. New York

Decided May 20, 2009No. 07 Civ. 9921(PKC)PublishedCited by 6 opinions

1Opinion of the Court

MEMORANDUM AND ORDER

P. KEVIN CASTEL, District Judge.

The plaintiff alleges in an Amended Class Action Complaint (the “Complaint”) that the defendants violated federal securities laws, principally by failing to take timely impairment charges for the declining good will of defendant Vodafone Group Public Limited Company (“Vodafone,” or the “Company”) and by failing to disclose that Vodafone would likely incur $8.7 billion in tax obligations. The plaintiff asserts claims on behalf of all persons who purchased publicly traded securities of Vodafone between June 10, 2004 and February 27, 2006.…

2Cases cited34 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
  4. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  5. ATSI Communications, Inc. v. Shaar Fund, Ltd.Court of Appeals for the Second Circuit · 2007

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3Cited by6 opinions

  1. Plumbers & Steamfitters Local v. Danske BankCourt of Appeals for the Second Circuit · 2021
  2. Fait v. Regions Financial Corp.District Court, S.D. New York · 2010
  3. In re Colonial BancGroup, Inc. Securities LitigationDistrict Court, M.D. Alabama · 2014
  4. Burr v. Equity Bancshares, Inc.District Court, S.D. New York · 2020
  5. Christopher Manchin, individually and on behalf of all others similarly situated v. PACS Group, Inc., Jason Murray, Derick Apt, Mark Hancock, Jacqueline Millard, Taylor Leavitt, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Truist Securities, Inc., RBC Capital Markets, LLC, Goldman Sachs & Co. LLC, Stephens Inc., KeyBanc Capital Markets Inc., Oppenheimer & Co. Inc., and Regions Securities LLCDistrict Court, S.D. New York · 2026

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