Legal Opinion
City of Pontiac General Employees' Retirement System v. Lockheed Martin Corp.
District Court, S.D. New York
Decided July 13, 2012No. 11 Civ. 5026 (JSR)PublishedCited by 52 opinions
1Opinion of the Court
MEMORANDUM
JED S. RAKOFF, District Judge.
Plaintiff City of Pontiac General Employees’ Retirement System (the “Retirement System”) brings this securities class action suit on behalf of purchasers of the common stock of defendant Lockheed Martin Corp. between April 21, 2009 and July 21, 2009 (the “Class Period”) alleging that defendant Lockheed Martin Corp. and three of its executives, Chief Executive Officer Robert Stevens, Chief Financial Officer Bruce Tanner, and Executive Vice President Linda Gooden, intentionally made false and misleading statements about the performance of Lockheed…
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