In Re Bausch & Lomb, Inc. Securities Litigation
District Court, W.D. New York
1Opinion of the Court
INTRODUCTION
MICHAEL A. TELESCA, District Judge.
Plaintiffs bring this class-action lawsuit against Bausch & Lomb Incorporated (“B & L”), and various individual 1 and corporate defendants, 2 (collectively “defendants”) pursuant to sections 10(b) of the Securities Exchange Act of 1934, as amended, 15 U.S.C. § 788(b), Rule 10b-5 promulgated thereunder, 17 C.F.R. § 240.10b-5 and section 20(a) of the Securities Exchange Act of 1934, 15 U.S.C. § 78t(a). 3 Plaintiffs allege B & L overstated its net income from 2003 through 2005 due to accounting fraud perpetrated by B & L subsidiaries which affected…
2Cases cited67 opinions
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Scheuer v. RhodesSupreme Court of the United States · 1974
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
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- Securities & Exchange Commission v. GoldstoneDistrict Court, D. New Mexico · 2013
- In Re MBIA, Inc., Securities LitigationDistrict Court, S.D. New York · 2010
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