Legal Opinion

Anderson v. Abbott Laboratories

District Court, N.D. Illinois

Decided January 25, 2001No. 99 C 6869, 00 C 765PublishedCited by 35 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

MORAN, Senior District Judge.

Plaintiffs have sued Abbott Laboratories (Abbott), Miles D. White (White) and Thomas D. Brown (Brown) (collectively “defendants”), alleging securities fraud in violation of §§ 10(b) and 20(a) of the Securities Exchange Act of 1934, 15 U.S.C. §§ 788(b) and 78t(a), and SEC Rule 10b-5. We have two complaints before us, one on behalf of Abbott shareholders and one on behalf of ALZA Corp. (ALZA) shareholders. 1 Both complaints involve the same core facts: defendants’ failure to disclose FDA compliance issues, so we decide them together.…

2Cases cited21 opinions

  1. Fed. Sec. L. Rep. P 95,228 Rocco Dileo and Louise Dileo v. Ernst & YoungCourt of Appeals for the Seventh Circuit · 1990
  2. Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
  3. Acito v. IMCERA Group, Inc.Court of Appeals for the Second Circuit · 1995
  4. United States v. O'HaganSupreme Court of the United States · 1997
  5. Fed. Sec. L. Rep. P 97,713 Adolph P. Raab Lenora Isaacs v. General Physics Corporation Martin M. Pollak Roger E. Klose John C. McAuliffeCourt of Appeals for the Fourth Circuit · 1993

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3Cited by35 opinions

  1. AG Funds, L.P. v. SanofiDistrict Court, S.D. New York · 2015
  2. New Jersey Carpenters Pension & Annuity Funds v. Biogen Idec Inc.Court of Appeals for the First Circuit · 2008
  3. In Re FBR Inc. Securities LitigationDistrict Court, S.D. New York · 2008
  4. Lena Gallagher, on Behalf of a Class v. Abbott Laboratories and Miles D. WhiteCourt of Appeals for the Seventh Circuit · 2001
  5. JOHNAON v. Tellabs, Inc.District Court, N.D. Illinois · 2003

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