Legal Opinion

King v. Livent, Inc.

District Court, S.D. New York

Decided February 17, 1999No. 98 Civ. 7161(RWS)PublishedCited by 15 opinions

1Opinion of the Court

OPINION

SWEET, District Judge.

Dorian King and Diane King Jtwros (the “Kings”) have moved under Section 3 of the Private Securities Litigation Reform Act, 15 U.S.C. § 78u-4(a)(3) (the “PSLRA”), for appointment as lead plaintiffs and the appointment of lead counsel in this securities class action. For the reasons set forth below, the motion is denied.

Prior Proceedings

On April 2, 1998, the Kings purchased a face amount of $100,000 of Livent $125 million 9 3/8% senior notes due 2004 (the “Notes”). On October 9,1998 the Kings filed their complaint on behalf of the class of purchasers of the Notes…

2Cases cited3 opinions

  1. In Re Olsten Corp. Securities Litig.District Court, E.D. New York · 1998
  2. Greebel v. FTP Software, Inc.District Court, D. Massachusetts · 1996
  3. Powers v. EichenDistrict Court, S.D. California · 1997

3Cited by15 opinions

  1. In Re Livent, Inc. Noteholders Securities Litig.District Court, S.D. New York · 2001
  2. In Re Merck & Co. Securities LitigationCourt of Appeals for the Third Circuit · 2005
  3. Pirelli Armstrong Tire Corp. v. LaBranche & Co.District Court, S.D. New York · 2004
  4. Cheney v. CyberGuard Corp.District Court, S.D. Florida · 2003
  5. In re Milestone Scientific Securities LitigationDistrict Court, D. New Jersey · 1999

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