Legal Opinion
In Re Providian Financial Corp. Securities Litigation
District Court, E.D. Pennsylvania
Decided July 5, 2001No. CIV.A. 00-1467. MDL No. 1301PublishedCited by 19 opinions
1Opinion of the Court
Memorandum and Order
YOHN, District Judge.
The plaintiffs in this consolidated class action allege that Providian Financial Corporation (“Providian”); its Chairman of the Board, President, and Chief Executive Officer Shalish Mehta (“Mehta”); and its Executive Vice President and Chief Financial Officer David Petrini (“Petrini”) all engaged in securities fraud in violation of § 10(b) of the Securities Reform Act of 1934 and Rule 10b-5 promulgated thereunder. The suit began as a series of separate class actions by customers of the defendants and their shareholders which were launched after news…
2Cases cited10 opinions
- Hishon v. King & SpaldingSupreme Court of the United States · 1984
- In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
- In Re Time Warner Inc. Securities LitigationCourt of Appeals for the Second Circuit · 1993
- In Re Advanta Corp. Securities LitigationCourt of Appeals for the Third Circuit · 1999
- In Re Westinghouse Securities Litigation. Margaret Alessi, Gloria Bertinato, Michael C. Christner, Anna Marie Eroshevich, Toby Feuer, Kanwal K. Gupta, M.D., Matthew Harlib, Stanley Hershfang, Arnold M. Jacob, Louise Jacob, David Jaroslawicz, David Kirschner, Nathan Kleinhandler, Gerry Krim, Peter Lagorio, Nelson Lovins, Donald McLennan Jacob Joseph Miller, Dr. Alexander Miller, Thomas Mitchell, Edward Murabito, Michael E. Nogay, Joseph Raschak, Richard Schwartzchild, Dr. Michael Slavin, Dr. Michael Solomon, Selma Solomon, Spring Creek Cardiomedical Center, Ruth Stepak, Jim Thompson, Patricia J. Vanartsdalen, Albert ZuckerCourt of Appeals for the Third Circuit · 1996
5 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- In Re Van Der Moolen Holding N v. Securities LitigationDistrict Court, S.D. New York · 2005
- Lapin v. Goldman Sachs Group, Inc.District Court, S.D. New York · 2006
- In re Gentiva Securities LitigationDistrict Court, E.D. New York · 2013
- Richman v. Goldman Sachs Group, Inc.District Court, S.D. New York · 2012
- In Re FBR Inc. Securities LitigationDistrict Court, S.D. New York · 2008
14 more not listed; retrieve them via the Exa API.