Legal Opinion

In Re Cendant Corp. Litigation

District Court, D. New Jersey

Decided July 27, 1999No. CIV.A. 98-1664PublishedCited by 36 opinions

1Opinion of the Court

OPINION

WALLS, District Judge.

I. Introduction

This matter is before the Court on the motions of the HFS defendants, the CUC defendants, Christopher K. McLeod, and Ernst & Young to dismiss Lead Plaintiffs’ complaint. With the exception of Ernst & Young’s motion to dismiss the § 10(b) and Rule 10b-5 claims against it for stock purchases made after April 15, 1998, defendants’ motions to dismiss the complaint are denied.

II. Background

Cendant Corporation (“Cendant”) was formed by the merger of CUC International, Inc. (“CUC”) and HFS Incorporated (“HFS”) on December 17, 1997. CUC was the surviving…

2Cases cited38 opinions

  1. Conley v. GibsonSupreme Court of the United States · 1957
  2. Hishon v. King & SpaldingSupreme Court of the United States · 1984
  3. In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
  4. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  5. Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975

33 more not listed; retrieve them via the Exa API.

3Cited by36 opinions

  1. In Re: Cendant Corporation LitigationCourt of Appeals for the Third Circuit · 1992
  2. City of Edinburgh Council as A v. Pfizer IncCourt of Appeals for the Third Circuit · 2014
  3. In Re McKesson HBOC, Inc. Securities LitigationDistrict Court, N.D. California · 2000
  4. In Re Enron Corp. Sec., Derivative & ERISA Lit.District Court, S.D. Texas · 2003
  5. In Re Nice Systems, Ltd. Securities LitigationDistrict Court, D. New Jersey · 2001

31 more not listed; retrieve them via the Exa API.

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