Sofran v. Labranche & Co.
District Court, S.D. New York
1Opinion of the Court
OPINION
SWEET, Senior District Judge.
The above-captioned cases are actions for securities fraud brought on behalf of shareholders of LaBranche & Co., Inc. (“La-Branche”), seeking damages for violations of Section 10(b) and Section 20(a) of the Securities and Exchange Act of 1934 (the “Exchange Act”), as amended, 15 U.S.C. §§ 78t(a) and 78j(b), and Rule 10b-5 promulgated thereunder. 17 C.F.R. § 240.10b-5.
Two groups of investors who have sustained losses as a result of their investment in LaBranche have moved for consolidation of the related cases and for appointment as lead plaintiffs of a…
2Cases cited16 opinions
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
- John E. Johnson and H/w Ann Marie Johnson v. The Celotex Corporation, Owens-Illinois, Inc.Court of Appeals for the Second Circuit · 1990
- In Re Drexel Burnham Lambert Group, Inc.Court of Appeals for the First Circuit · 1992
- In Re WorldCom, Inc. Securities LitigationDistrict Court, S.D. New York · 2003
- In re Donnkenny Inc. Securities LitigationDistrict Court, S.D. New York · 1997
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