Legal Opinion

Ganino v. Citizens Utilities Co.

Court of Appeals for the Second Circuit

Decided September 6, 2000No. Docket No. 99-7904PublishedCited by 106 opinions

1Opinion of the Court

KATZMANN, Circuit Judge:

The plaintiffs-appellants appeal from a final judgment of the United States District Court for the District of Connecticut (Warren W. Eginton, Senior Judge), granting the defendants-appellees’ motion to dismiss the Second Amended Complaint (the “Complaint”) for failure to state a claim under Sections 10(b)1 and 20(a)2 of the Securities Exchange Act of 1934 (the “Exchange Act”), 15 U.S.C. §§ 78j(b) & 78t(a), and Rule 10b-53 promulgated thereunder, 17 C.F.R. § 240.10b-5. The district court held: (1) the misrepresentations regarding certain payments amount*158ing to 1.7% of…

2Cases cited48 opinions

  1. In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
  2. Skidmore v. Swift & Co.Supreme Court of the United States · 1944
  3. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  4. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  5. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976

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3Cited by106 opinions

  1. Nicholas La Grasta, Domenico La Grasta, and Mauro La Grasta, on Behalf of Themselves and All Others Similarly Situated v. First Union Securities, Inc.Court of Appeals for the First Circuit · 2004
  2. Rombach v. ChangCourt of Appeals for the Second Circuit · 2004
  3. New York City Employees' Retirement System v. Ebbers (In Re WorldCom, Inc. Securities Litigation)District Court, S.D. New York · 2003
  4. In Re Livent, Inc. Noteholders Securities Litig.District Court, S.D. New York · 2001
  5. In Re Merrill Lynch & Co., Research Reports Securities LitigationDistrict Court, S.D. New York · 2003

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