Legal Opinion
Itoba Ltd. v. Lep Group PLC
District Court, D. Connecticut
Decided May 21, 1996No. Civ. 5-92-556 (WWE)PublishedCited by 21 opinions
1Opinion of the Court
RULING ON PENDING MOTIONS
EGINTON, Senior District Judge.
Plaintiff, Itoba Limited, brought this action against defendants LEP Group PLC (“LEP”), William R. Berkley, John L. Read, Peter J. Grant and John R. East, for alleged violations of sections 10(b) and 20 of the Securities Exchange Act of 1934 and Rule 10b-5. Plaintiff claims that defendants’ alleged failure to disclose certain high risk investments in United States securities filings resulted in plaintiffs purchase of LEP stock at artificially inflated prices.
In August 1993, this court adopted Magistrate Judge Joan Margolis’ recommended…
2Cases cited23 opinions
- Hanson v. DencklaSupreme Court of the United States · 1958
- Gulf Oil Corp. v. GilbertSupreme Court of the United States · 1947
- Piper Aircraft Co. v. ReynoSupreme Court of the United States · 1982
- Fisher v. United StatesSupreme Court of the United States · 1976
- A.I. Trade Finance, Inc. v. Petra BankCourt of Appeals for the Second Circuit · 1993
18 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- DiRienzo v. Philip Services Corp.Court of Appeals for the Second Circuit · 2002
- DiRienzo v. Philip Services Corp.Court of Appeals for the Second Circuit · 2000
- In Re Royal Ahold N v. Securities & Erisa LitigationDistrict Court, D. Maryland · 2004
- In Re CINAR Corp. Securities LitigationDistrict Court, E.D. New York · 2002
- Securities & Exchange Commission v. StraubDistrict Court, S.D. New York · 2013
16 more not listed; retrieve them via the Exa API.