Legal Opinion
EP MedSystems, Inc. v. EchoCath, Inc.
Court of Appeals for the Third Circuit
Decided December 26, 2000No. 98-6461PublishedCited by 113 opinions
1Opinion of the Court
OPINION OF THE COURT
SLOVITER, Circuit Judge.
EP MedSystems, Inc. appeals the dismissal with prejudice of its securities action against EchoCath, Inc. According to the complaint, the Chief Executive Officer of EchoCath enticed MedSystems into investing $1.4 million in EchoCath by assuring MedSystems that lengthy negotiations had already taken place with four prominent companies to market certain new EchoCath products and that contracts with these companies were “imminent.” Relying on cautionary language contained in several public documents filed by Echo-Cath with the Securities Exchange…
2Cases cited28 opinions
- In Re Burlington Coat Factory Securities Litigation. P. Gregory Buchanan, Jacob Turner and Ronald AbramoffCourt of Appeals for the Third Circuit · 1997
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- United States v. GaubertSupreme Court of the United States · 1991
- Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
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3Cited by113 opinions
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- Kohen v. Pacific Investment Management Co.Court of Appeals for the Seventh Circuit · 2009
- Helwig v. Vencor, Inc.Court of Appeals for the Sixth Circuit · 2001
- McCabe v. Ernst & Young, LLPCourt of Appeals for the Third Circuit · 2007
- City of Edinburgh Council as A v. Pfizer IncCourt of Appeals for the Third Circuit · 2014
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