Billhofer v. Flamel Technologies, SA
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM OF DECISION AND ORDER
HAIGHT, Senior District Judge.
Plaintiff Christel Billhofer (“Billhofer”) filed this putative class action alleging claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder, alleging that both the individual defendants and the defendant corporation, Flamel Technologies, SA (“Flamel”), disseminated statements that were false, either by direct misrepresentation or by omission, and that she relied on those false statements to her detriment. Defendant Stephen H. Willard (“Willard”) was at all relevant times…
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