In Re IMAX Securities Litigation
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM AND ORDER
NAOMI REICE BUCHWALD, District Judge.
Plaintiffs brought this securities fraud class action under Sections 10(b) and 20(a) of the Securities Exchange Act, 15 U.S.C. §§ 78j and 78t(a), and Rule 10b-5 promulgated thereunder by the Securities and Exchange Commission (“SEC”), 17 C.F.R. § 240.10b-5, on behalf of all persons and entities who purchased or acquired common stock in IMAX Corporation (“IMAX” or the “Company”) between February 27, 2003 and July 20, 2007 (the “class period”). The consolidated amended class action complaint (the “complaint”) alleges that the defendants,…
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