In re Royal Ahold N.V. Securities & Erisa Litigation
District Court, D. Maryland
1Opinion of the Court
MEMORANDUM
BLAKE, District Judge.
The motions before the court are for the appointment of lead plaintiff in a securities class action, and for approval of the selected lead plaintiffs choice of counsel. The' question to be decided is which lead plaintiff movant satisfies the requirements set forth in the Private Securities Litigation Reform Act of 1995 (“PSLRA”), 15 U.S.C. § 78u-4(a)(3).
On February 24, 2003, Koninklijke Ahold N.V. (“Royal Ahold”) disclosed to the public that it had overstated its earnings for 2001 and its expected earnings for 2002 by over $500 million.1 The company also…
2Cases cited20 opinions
- In Re: Cendant Corporation LitigationCourt of Appeals for the Third Circuit · 1992
- Richard Arnold, IV v. Eastern Air Lines, Inc. v. United States of America, Francis C. Mihalek v. Eastern Air Lines, Inc. v. United States of America, Helen Rae Weston, as of the Estate of Lewis M. Weston, Deceased v. Eastern Air Lines, Inc., the Aetna Casualty and Surety Company Aetna Insurance Company American Empire Insurance Company Commercial Union Insurance Company Compagnies D'AssurAnces Du Groupe Concorde Continental Casualty Company Employers Mutual Liability Insurance Company of Wisconsin Hartford Fire Insurance Company Industrial Indemnity Company Maryland Casualty Company Reliance Insurance Company Royal Indemnity Company St. Paul Fire and Marine Insurance Company Security Insurance Company of Hartford the Travelers Indemnity Company Underwriters at Lloyd's and Associated British Insurance Companies United States Fidelity and Guaranty Company United States Fire Insurance Company Zurich Insurance Company v. United States of America Bernard C. Groseclose Alden E. Hare William L. Hogan Dennis L. HunterCourt of Appeals for the Fourth Circuit · 1982
- Elmo E. Koos, Sr. And Caroline M. Koos v. First National Bank of PeoriaCourt of Appeals for the First Circuit · 1974
- In Re Olsten Corp. Securities Litig.District Court, E.D. New York · 1998
- Kauthar SDN BHD v. SternbergCourt of Appeals for the Seventh Circuit · 1998
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3Cited by16 opinions
- Pirelli Armstrong Tire Corp. v. LaBranche & Co.District Court, S.D. New York · 2004
- In Re Royal Ahold N v. Securities & Erisa LitigationDistrict Court, D. Maryland · 2004
- Public Employees' Retirement Ass'n v. Deloitte & Touche LLPCourt of Appeals for the Fourth Circuit · 2009
- In re Alstom Sa Securities LitigationDistrict Court, S.D. New York · 2008
- Sgalambo v. McKenzieDistrict Court, S.D. New York · 2010
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