Legal Opinion

In re PE Corp. Securities Litigation

District Court, D. Connecticut

Decided March 31, 2005No. 3:00 CV 705(CFD)PublishedCited by 4 opinions

1Opinion of the Court

RULING ON CLASS CERTIFICATION

DRONEY, District Judge.

Pending is a motion for class certification pursuant to Fed.R.Civ.P. 23 filed by the lead plaintiffs, David Berlin and Yinh Voung (collectively “plaintiffs”). The motion seeks certification of a class consisting of all persons who purchased PE Corporation Celera Genomics Group (“Celera”) common stock issued in a secondary public offering conducted by PE Corporation (“PE”) on February 29, 2000, and who were damaged thereby. For the following reasons, the motion is GRANTED.

I. Background1

A) Genomic Science

PE is a Delaware corporation which…

2Cases cited41 opinions

  1. Amchem Products, Inc. v. WindsorSupreme Court of the United States · 1997
  2. General Telephone Co. of Southwest v. FalconSupreme Court of the United States · 1982
  3. Eisen v. Carlisle & JacquelinSupreme Court of the United States · 1974
  4. Coopers & Lybrand v. LivesaySupreme Court of the United States · 1978
  5. General Telephone Co. of the Northwest, Inc. v. Equal Employment Opportunity CommissionSupreme Court of the United States · 1980

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3Cited by4 opinions

  1. United Food & Commercial Workers Union v. Chesapeake Energy Corp.District Court, W.D. Oklahoma · 2012
  2. Lon Smith & Associates, Inc. and A-1 Systems, Inc., D/B/A Lon Smith Roofing and Construction v. Joe Key and Stacci KeyCourt of Appeals of Texas · 2017
  3. In re Bank of America Corp. Securities, Derivative, & Employee Retirement Income Security Act (ERISA) LitigationDistrict Court, S.D. New York · 2012
  4. Gale v. Chicago Title InsuranceDistrict Court, D. Connecticut · 2011

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