Legal Opinion
In re Salomon Analyst Metromedia Litigation
District Court, S.D. New York
Decided June 20, 2006No. 02 Civ. 7966(GEL)PublishedCited by 24 opinions
1Opinion of the Court
OPINION AND ORDER
LYNCH, District Judge.
Plaintiffs move for certification of a class, appointment of class representatives, and certification of class counsel in a lawsuit against defendants Citigroup, Inc., its divisions Citicorp USA and Salomon Smith Barney (“SSB”), and its research analyst Jack Grubman. The motion will be granted in part and denied in part.
BACKGROUND
The underlying claims in this case involve allegations that defendants engaged in a scheme to defraud purchasers and sellers of stock in Metromedia Fiber Network, Inc. (“Metromedia”) by issuing materially misleading analyst…
2Cases cited51 opinions
- Amchem Products, Inc. v. WindsorSupreme Court of the United States · 1997
- General Telephone Co. of Southwest v. FalconSupreme Court of the United States · 1982
- Eisen v. Carlisle & JacquelinSupreme Court of the United States · 1974
- Coopers & Lybrand v. LivesaySupreme Court of the United States · 1978
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
46 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- In Re Initial Public Offering Securities Litigation.Court of Appeals for the First Circuit · 2006
- Miles v. Merrill Lynch & Co.Court of Appeals for the Second Circuit · 2006
- In Re Salomon Analyst Metromedia LitigationCourt of Appeals for the Second Circuit · 2008
- Lapin v. Goldman Sachs & Co.District Court, S.D. New York · 2008
- In re Credit Suisse-AOL Securities LitigationDistrict Court, D. Massachusetts · 2008
19 more not listed; retrieve them via the Exa API.