Legal Opinion
In Re Williams Securities Litigation-WCG Subclass
Court of Appeals for the Tenth Circuit
Decided February 18, 2009No. 07-5119PublishedCited by 81 opinions
1Opinion of the Court
McCONNELL, Circuit Judge.
On July 24, 2000, The Williams Companies, Inc. (“WMB”) announced that it would be spinning off its telecommunications subsidiary, Williams Communications Group (“WCG”), in a move that it called “the best way to ensure that both our energy and communications businesses have the efficient and effective access to the capital necessary to pursue the substantial growth that each enjoys.” Not two years later, on April 22, 2002, WCG filed for bankruptcy and its stock hit $0.06. A nationwide class of plaintiffs who purchased stock or notes issued by WCG between those dates…
2Cases cited16 opinions
- Daubert v. Merrell Dow Pharmaceuticals, Inc.Supreme Court of the United States · 1993
- General Electric Co. v. JoinerSupreme Court of the United States · 1997
- Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
- Stoneridge Investment Partners, LLC v. Scientific-Atlanta, Inc.Supreme Court of the United States · 2008
- Emergent Capital Investment Management, LLC v. Stonepath Group, Inc., Previously Known as Net Value Holdings, Inc., Andrew Panzo and Lee HansenCourt of Appeals for the Second Circuit · 2003
11 more not listed; retrieve them via the Exa API.
3Cited by81 opinions
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- Katyle v. Penn National Gaming, Inc.Court of Appeals for the Fourth Circuit · 2011
- Jacksonville Police & Fire Pf v. Cvb Financial CorpCourt of Appeals for the Ninth Circuit · 2016
- Water Pik, Inc. v. Med-Systems, Inc.Court of Appeals for the Tenth Circuit · 2013
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