Legal Opinion

In re Bearingpoint, Inc. Securities Litigation

District Court, E.D. Virginia

Decided January 17, 2006No. Civ.A. 1:05CV454PublishedCited by 27 opinions

1Opinion of the Court

MEMORANDUM OPINION

ELLIS, District Judge.

An important issue, appropriately addressed early in this securities fraud action, is whether the alleged class of plaintiffs merits certification pursuant to Rule 23, Fed. R.Civ.P. For the reasons that follow, class certification is warranted.

I

On April 20, 2005, BearingPoint, a global provider of strategic consulting and systems integration services that was formerly part of KPMG, announced to the investing public that it expected to take a goodwill impairment charge of between $250 million to $400 million, and that its prior financial statements for…

2Cases cited29 opinions

  1. Amchem Products, Inc. v. WindsorSupreme Court of the United States · 1997
  2. General Telephone Co. of Southwest v. FalconSupreme Court of the United States · 1982
  3. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  4. Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
  5. Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994

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

3Cited by27 opinions

  1. Matrix Capital Management Fund v. BearingPoint, Inc.Court of Appeals for the Fourth Circuit · 2009
  2. Soutter v. Equifax Information Services, LLCDistrict Court, E.D. Virginia · 2015
  3. In re Alstom Sa Securities LitigationDistrict Court, S.D. New York · 2008
  4. Shiring v. Tier Technologies, Inc.District Court, E.D. Virginia · 2007
  5. In Re Scientific-Atlanta, Inc. Securities LitigationDistrict Court, N.D. Georgia · 2007

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

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