In re Bausch & Lomb, Inc. Securities Litigation
District Court, W.D. New York
1Opinion of the Court
DECISION AND ORDER
LARIMER, District Judge.
INTRODUCTION
Plaintiffs commenced this securities fraud class action on June 6, 1994 against Bausch & Lomb, Inc. (“B & L”) and five individuals, all of whom are or were officers of B & L. The gist of plaintiffs’ claims was that defendants had for some time artificially inflated B & L’s stock price by concealing from the public certain financial problems that it was undergoing, and that when the truth was finally revealed, B & L’s stock price dropped, causing investors to lose money.
After the complaint had been .amended several times, defendants moved…
2Cases cited39 opinions
- Blum v. StensonSupreme Court of the United States · 1984
- Pennsylvania v. Delaware Valley Citizens' Council for Clean AirSupreme Court of the United States · 1986
- City of Burlington v. DagueSupreme Court of the United States · 1992
- City of Detroit v. Grinnell Corporation, Manhattan-Ward, Incorporated v. Grinnell Corporation, 1225 Vine Street Building, Inc. v. Grinnell CorporationCourt of Appeals for the Second Circuit · 1974
- New York State Association for Retarded Children, Inc. v. Hugh L. Carey, Individually and as Governor of the State of New YorkCourt of Appeals for the Second Circuit · 1983
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- Sabatini v. Corning-Painted Post Area School DistrictDistrict Court, W.D. New York · 2001
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