Legal Opinion

In Re Philip Services Corp. Securities Litigation

District Court, S.D. New York

Decided June 17, 1999No. M-21-77, 98 CIV. 835(MBM), MDL 1230(MBM)PublishedCited by 9 opinions

1Opinion of the Court

OPINION AND ORDER

MUKASEY, District Judge.

In this consolidated class action, plaintiffs sue Philip Services Corporation (“PSC”), several of its current and former officers and directors, 17 underwriters (the “Underwriter Defendants”) and De-loitte & Touche (“Deloitte”), alleging violations of several federal securities laws. Defendants move to dismiss plaintiffs’ Consolidated and Amended Class Action Complaint (the “complaint”) on forum non conveniens grounds. In addition, defendants Deloitte, William Haynes and Robert Knauss move to dismiss for failure to state a claim. For the reasons stated…

2Cases cited31 opinions

  1. Gulf Oil Corp. v. GilbertSupreme Court of the United States · 1947
  2. Amchem Products, Inc. v. WindsorSupreme Court of the United States · 1997
  3. Piper Aircraft Co. v. ReynoSupreme Court of the United States · 1982
  4. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  5. Koster v. (American) Lumbermens Mutual Casualty Co.Supreme Court of the United States · 1947

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3Cited by9 opinions

  1. DiRienzo v. Philip Services Corp.Court of Appeals for the Second Circuit · 2002
  2. In Re Livent, Inc. Securities LitigationDistrict Court, S.D. New York · 1999
  3. DiRienzo v. Philip Services Corp.Court of Appeals for the Second Circuit · 2000
  4. In Re Philip Services Corp. Securities LitigationDistrict Court, S.D. New York · 2004
  5. In Re Assicurazioni Generali S.P.A. Holocaust Insurance LitigationDistrict Court, S.D. New York · 2002

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