Legal Opinion
Kelley v. Cinar Corp.
District Court, E.D. New York
Decided February 25, 2002No. MDL 00-1362(RJD)PublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM & ORDER
DEARIE, District Judge.
This case involves four separate actions arising out of allegedly fraudulent disclosures made by defendant CINAR Corporation (“CINAR” or “the Company”) and its officers in various public financial statements issued during the period from April 8, 1998 through March 10, 2000. The first suit, In re CINAR Corporation Securities Litigation, No. 00-CV-1086 (E.D.N.Y.2000), is a class action brought by plaintiffs who purchased shares of CINAR on the NASDAQ, the price of which they claim was artificially inflated by the allegedly fraudulent filings. The…
2Cases cited120 opinions
- International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
- World-Wide Volkswagen Corp. v. WoodsonSupreme Court of the United States · 1980
- Hanson v. DencklaSupreme Court of the United States · 1958
- Gulf Oil Corp. v. GilbertSupreme Court of the United States · 1947
- Piper Aircraft Co. v. ReynoSupreme Court of the United States · 1982
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3Cited by1 opinion
- In Re CINAR Corp. Securities LitigationDistrict Court, E.D. New York · 2002