Legal Opinion

In re Lilco Securities Litigation

District Court, E.D. New York

Decided August 25, 1986No. CV 84-0588PublishedCited by 59 opinions

1Opinion of the Court

MEMORANDUM AND ORDER

WEXLER, District Judge.

These proposed class actions, which have been consolidated before this Court for all purposes, arise out of the efforts of the Long Island Lighting Company, Inc. (“LILCO”) to construct and operate a nuclear-powered electricity generating plant located in Shoreham, New York (“Shore-ham”). These lawsuits1 pit shareholders of various classes and series of LILCO stock against LILCO, its officers and directors (the “Individual Defendants”),2 various underwriters of LILCO stock, (the *665“Underwriters”)3 and Price Waterhouse, an accounting firm. In the First…

2Cases cited25 opinions

  1. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  2. Eisen v. Carlisle & JacquelinSupreme Court of the United States · 1974
  3. Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
  4. Phillips Petroleum Co. v. ShuttsSupreme Court of the United States · 1985
  5. Hansberry v. LeeSupreme Court of the United States · 1940

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3Cited by59 opinions

  1. Wash. Mut. Bank v. Superior Court of Orange Cty.California Supreme Court · 2001
  2. Henry Schein, Inc. v. StromboeTexas Supreme Court · 2002
  3. William ALPERN and Russell D. Miller, on Behalf of Themselves and All Others Similarly Situated, Appellants, v. UTILICORP UNITED, INC., AppelleeCourt of Appeals for the Eighth Circuit · 1996
  4. In Re Prudential Insurance Co. of America Sales Practices LitigationDistrict Court, D. New Jersey · 1997
  5. Greene v. Gerber Products Co.District Court, E.D. New York · 2017

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