Legal Opinion
In Re Aetna Inc. Securities Litigation
District Court, E.D. Pennsylvania
Decided February 2, 1999No. Civ.A. 1219PublishedCited by 44 opinions
1Opinion of the Court
MEMORANDUM
PADOVA, District Judge.
This case arises out of the acquisition by Aetna, Inc. (“Aetna”) of U.S. Healthcare (“USHC”) in a transaction first announced on April 1, 1996, consummated on July 19, 1996, and valued at $8.9 billion. Before the Court are two Motions to Dismiss Plaintiffs 1 Consolidated and Amended Class Action Complaint (“Amended Complaint”), one filed by Defendants Aetna, Ronald E. Compton (“Compton”), and Richard L. Huber (“Huber”) and the other filed by Defendant Leonard Abramson (“Abramson”). 1 For the reasons set forth below, the Court will grant in part and deny in…
2Cases cited28 opinions
- In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Regional Rail Reorganization Act CasesSupreme Court of the United States · 1974
- Sarah B. Shields, Individually and as Representative of All Others Similarly Situated v. Citytrust Bancorp, Inc., George F. Taylor and Irwin EngelmanCourt of Appeals for the Second Circuit · 1994
23 more not listed; retrieve them via the Exa API.
3Cited by44 opinions
- In Re Initial Public Offering Securities LitigationDistrict Court, S.D. New York · 2003
- In Re MicroStrategy, Inc. Securities LitigationDistrict Court, E.D. Virginia · 2000
- In Re Atlas Air Worldwide Holdings, Inc. Securities LitigationDistrict Court, S.D. New York · 2004
- In Re Nice Systems, Ltd. Securities LitigationDistrict Court, D. New Jersey · 2001
- In Re Complete Management Inc. Securities LitigationDistrict Court, S.D. New York · 2001
39 more not listed; retrieve them via the Exa API.