Stratte-McClure v. Stanley
Court of Appeals for the Second Circuit
1Opinion of the Court
DEBRA ANN LIVINGSTON, Circuit Judge:
Lead Plaintiffs State-Boston Retirement System and Fjarde AP-Fonden brought this putative securities fraud class action on behalf of themselves and other similarly situated investors (“Plaintiffs”) pursuant to Sections 10(b) and 20(a), 15 U.S.C. §§ 78j(b) and 78t(a), of the Securities Exchange Act of 1934. They allege that Morgan Stanley and six of its officers and former officers — John J. Mack, Zoe Cruz, David Sidwell, Thomas Colm Kelleher, and Thomas Daula (collectively, “Morgan Stanley” or “Defendants”) — made material misstatements and omissions…
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