Legal Opinion
In re Consumers Power Co. Securities Litigation
District Court, E.D. Michigan
Decided April 17, 1985No. Civ. A. No. 83CV-6448-AAPublishedCited by 79 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
JOINER, District Judge.
I. BACKGROUND
This case is brought under the federal securities laws by a group of investors who purchased common stock in Consumers Power Company, a public utility with its principal place of business in Jackson, Michigan. The defendants are the Consumers Power Company (“Consumers”), the sixteen members of Consumers’ Board of Directors during the relevant time period (the “individual defendants”), and Morgan Stanley & Co. (“Morgan”), a New York investment banking firm.
Consumers’ problems with its ill-fated Midland nuclear power plant form the…
2Cases cited82 opinions
- General Telephone Co. of Southwest v. FalconSupreme Court of the United States · 1982
- American Pipe & Construction Co. v. UtahSupreme Court of the United States · 1974
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
- Ultramares Corp. v. ToucheNew York Court of Appeals · 1931
- Blackie v. BarrackCourt of Appeals for the Ninth Circuit · 1975
77 more not listed; retrieve them via the Exa API.
3Cited by79 opinions
- Haberman v. Washington Public Power Supply SystemWashington Supreme Court · 1988
- Shapiro v. UJB Financial Corp.Court of Appeals for the Third Circuit · 1992
- Gaffin v. Teledyne, Inc.Supreme Court of Delaware · 1992
- Official Committee of Unsecured Creditors of Toy King Distributors, Inc. v. Liberty Savings Bank, FSB (In Re Toy King Distributors, Inc.)United States Bankruptcy Court, M.D. Florida · 2000
- In Re Energy Systems Equipment Leasing Securities LitigationDistrict Court, E.D. New York · 1986
74 more not listed; retrieve them via the Exa API.