Legal Opinion
In Re Scottish Re Group Securities Litigation
District Court, S.D. New York
Decided November 2, 2007No. 06 Civ. 5853(SAS)PublishedCited by 97 opinions
1Opinion of the Court
OPINION AND ORDER
SHIRA A. SCHEINDLIN, District Judge.
This putative, class action is brought on behalf of a class of shareholders of Scottish Re Group Ltd. (“Scottish Re” or the “Company”) against (1) Scottish Re and certain of Scottish Re’s officers and directors, (2) Ernst & Young LLP (“E & Y”), the Company’s outside auditor, and (3) underwriters and forward purchasers involved in two of the Company’s offerings. The Consolidated Class Action Complaint (the “Complaint”) alleges that defendants violated federal securities laws in connection with Scottish Re’s accounting for deferred tax assets…
2Cases cited57 opinions
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