Legal Opinion
Pension Committee of the University of Montreal Pension Plan v. Banc of America Securities, LLC
District Court, S.D. New York
Decided July 20, 2006No. 05 Civ. 9016(SAS)PublishedCited by 115 opinions
1Opinion of the Court
OPINION AND ORDER
SCHEINDLIN, District Judge.
A group of investors brings this action to recover losses stemming from the liquidation of two British Virgin Islands (“BVI”) based hedge funds in which they held shares: Lancer Offshore, Inc. and the OmniFund Ltd. (“Funds”). 1 The Funds were managed by Michael Lauer (“Lauer”) through Lancer Management Group, LLC (“Lancer Management”). 2 Plaintiffs bring claims for violations of section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder against three former directors of Lancer Offshore, Anthony J. Stocks, Kieran…
2Cases cited104 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Gulf Oil Corp. v. GilbertSupreme Court of the United States · 1947
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Blue Chip Stamps v. Manor Drug StoresSupreme Court of the United States · 1975
99 more not listed; retrieve them via the Exa API.
3Cited by115 opinions
- Anwar v. Fairfield Greenwich Ltd.District Court, S.D. New York · 2010
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- In Re Take-Two Interactive Securities LitigationDistrict Court, S.D. New York · 2008
- In Re PXRE Group, Ltd., Securities LitigationDistrict Court, S.D. New York · 2009
- Adelphia Communications Corp. v. Bank of America, N.A. (In Re Adelphia Communications Corp.)United States Bankruptcy Court, S.D. New York · 2007
110 more not listed; retrieve them via the Exa API.