Legal Opinion
Gordon v. Sonar Capital Management LLC
District Court, S.D. New York
Decided July 30, 2015No. 11-cv-9665 (JSR)PublishedCited by 4 opinions
1Opinion of the Court
OPINION AND ORDER
JED S. RAKOFF, District Judge.
Plaintiff Sidney Gordon1'brings this suit against defendants Sonar Capital Management (“Sonar”), the hedge funds for which Sonar served as investment adviser (Sonar Partners, LP, Sonar Institutional Fund, LP, and Sonar Overseas Fund, Ltd. (collectively, the “Sonar Funds”)), and former Sonar President and CEO Neil Druker.2 Plaintiff alleges that the Sonar Defendants traded in securities issued by Sigma Designs, Inc. (“Sigma”) while in possession of Sigma’s material nonpublic information, in violation of the federal securities laws.
The Sonar…
2Cases cited12 opinions
- Parklane Hosiery Co. v. ShoreSupreme Court of the United States · 1979
- Montana v. United StatesSupreme Court of the United States · 1979
- Robinson v. Concentra Health Services, Inc.Court of Appeals for the Second Circuit · 2015
- Dirks v. Securities & Exchange CommissionSupreme Court of the United States · 1983
- United States v. Bertram L. PodellCourt of Appeals for the Second Circuit · 1978
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3Cited by4 opinions
- Securities & Exchange Commission v. PaytonDistrict Court, S.D. New York · 2016
- Securities & Exchange Commission v. PaytonDistrict Court, S.D. New York · 2015
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- Securities and Exchange Commission v. ThompsonDistrict Court, S.D. New York · 2019