Legal Opinion
Laperriere v. Vesta Insurance Group, Inc.
Court of Appeals for the Eleventh Circuit
Decided April 30, 2008No. 06-14524PublishedCited by 39 opinions
1Per curiam
This interlocutory appeal presents an issue of first impression in the circuit courts: whether, and to what extent, the proportionate liability scheme of section 21(D)(f) of the Securities Exchange Act of 1934 (the “Act”), 1 enacted as part of the Private Securities Litigation Reform Act of 1995 (the “PSLRA”), amends section 20(a) of the Act, under which a person who controls a violator of the Act is “liable jointly and severally with and to the same extent” as that violator.
In 1998, Appellants, a group of investors in publicly traded securities, filed a securi ties class action against three…
2Cases cited37 opinions
- Larry Bonner v. City of Prichard, AlabamaCourt of Appeals for the Eleventh Circuit · 1981
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Ratzlaf v. United StatesSupreme Court of the United States · 1994
- Securities and Exchange Commission v. First Jersey Securities, Inc. And Robert E. BrennanCourt of Appeals for the First Circuit · 1996
- United States v. GonzalesSupreme Court of the United States · 1997
32 more not listed; retrieve them via the Exa API.
3Cited by39 opinions
- Lustgraaf v. BehrensCourt of Appeals for the Eighth Circuit · 2010
- Mizzaro v. Home Depot, Inc.Court of Appeals for the Eleventh Circuit · 2008
- Thompson v. Relationserve Media, Inc.Court of Appeals for the Eleventh Circuit · 2010
- Nguyen v. United StatesCourt of Appeals for the Eleventh Circuit · 2009
- Frank v. Dana Corp.Court of Appeals for the Sixth Circuit · 2011
34 more not listed; retrieve them via the Exa API.