Precision Vascular Systems, Inc. v. Sarcos L.C.
District Court, D. Utah
1Opinion of the Court
ORDER
CAMPBELL, District Judge.
This is a securities suit brought by Precision Vascular Systems, Inc. (“PVS”) and certain individual investors of PVS against Sarcos, L.C., and affiliated Sarcos entities (collectively referred to as “Sarcos”) and certain individuals holding senior management positions in both PVS and Sarcos. 1 Plaintiffs allege that in June 1998 Defendants made materially false misrepresentations in three interrelated agreements (collectively referred to as “Agreements”) to induce PVS to transfer over 5 million PVS shares to Sarcos in violation of § 10(b) and § 20(a) of the 1934…
2Cases cited19 opinions
- Lake Carriers' Assn. v. MacMullanSupreme Court of the United States · 1972
- Concha v. LondonCourt of Appeals for the Ninth Circuit · 1995
- Grossman v. Novell, Inc.Court of Appeals for the Tenth Circuit · 1997
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- Schwartz v. Celestial Seasonings, Inc.Court of Appeals for the Tenth Circuit · 1997
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