RMED International, Inc. v. Sloan's Supermarkets, Inc.
District Court, S.D. New York
1Opinion of the Court
OPINION AND ORDER
LEISURE, District Judge.
This class action under section 10(b) of the Securities and Exchange Act of 1934, 15 U.S.C. § 78j(b), and Rule 10b-5 promulgated thereunder, arises out of the purchase of common stock of defendant Sloan’s Supermarkets, Inc. (“Sloan’s”) by a class of investors who bought the stock at allegedly artificially inflated prices during the period of January 7, 1993 through June 2, 1994. 1 Plaintiffs rely on a “fraud on the market” theory, alleging that the company’s chief executive officer, defendant John A. Catsimatidis, made materially false and misleading…
2Cases cited23 opinions
- Bruce C. Shrader v. Csx Transportation, Inc.Court of Appeals for the Second Circuit · 1995
- Sarah B. Shields, Individually and as Representative of All Others Similarly Situated v. Citytrust Bancorp, Inc., George F. Taylor and Irwin EngelmanCourt of Appeals for the Second Circuit · 1994
- Acito v. IMCERA Group, Inc.Court of Appeals for the Second Circuit · 1995
- Novak v. KasaksCourt of Appeals for the Second Circuit · 2000
- Sequa Corp. v. GBJ Corp.Court of Appeals for the Second Circuit · 1998
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- Allied Maritime, Inc. v. the Rice Corp.District Court, S.D. New York · 2004
- Bykowsky v. EskenaziAppellate Division of the Supreme Court of the State of New York · 2003
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