Legal Opinion
In Re Royal Ahold N v. Securities & Erisa Litigation
District Court, D. Maryland
Decided December 21, 2004No. 1:03-cv-01539PublishedCited by 49 opinions
1Opinion of the Court
MEMORANDUM
BLAKE, District Judge.
Multiple motions to dismiss are pending in these consolidated securities fraud actions transferred here by the Judicial Panel on Multidistrict Litigation. The claims arise out of an approximately $ 1.1 billion restatement of earnings, together with a $24.8 billion reduction in revenue, announced in 2003 by Royal Ahold N.V. (“Royal Ahold”), a Netherlands company heavily involved in the supermarket and food service business in the United States. A voluminous amended complaint names as defendants various Royal Ahold entities, including its Maryland-based…
2Cases cited156 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
- Kokkonen v. Guardian Life Insurance Co. of AmericaSupreme Court of the United States · 1994
- World-Wide Volkswagen Corp. v. WoodsonSupreme Court of the United States · 1980
- Landgraf v. USI Film ProductsSupreme Court of the United States · 1994
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3Cited by49 opinions
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- In Re Marsh & McLennan Companies, Inc. Securities LitigationDistrict Court, S.D. New York · 2006
- Public Employees' Retirement Ass'n v. Deloitte & Touche LLPCourt of Appeals for the Fourth Circuit · 2009
- In Re Mutual Funds Investment LitigationDistrict Court, D. Maryland · 2005
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