Legal Opinion
Krim v. pcOrder.com, Inc.
Court of Appeals for the Fifth Circuit
Decided March 1, 2005No. 03-50737PublishedCited by 149 opinions
1Opinion of the Court
PATRICK E. HIGGINBOTHAM, Circuit Judge:
Investors who purchased stock in pcOrder.com brought this consolidated securities action under Sections 11 and 15 of the Securities Act of 1933 against defendants pcOrder.com, its directors, its controlling shareholder Trilogy Software, and its investment bankers (collectively “PCOrder”), alleging that the registration statements filed with the Securities and Exchange Commission were false and misleading. The district court concluded that, with one exception, the investors lacked Section 11 standing because they could not trace their stock to the…
2Cases cited53 opinions
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3Cited by149 opinions
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