Legal Opinion
In Re Seagate Technology II Securities Litigation
District Court, N.D. California
Decided March 2, 1994No. C-89-2493(A)-VRWPublishedCited by 63 opinions
1Opinion of the Court
ORDER
WALKER, District Judge.
The complaints in these consolidated securities fraud cases allege that due to improper conduct by the defendants, the price of Sea-gate common stock was fraudulently inflated for a period of several months. During this time, defendants allegedly made several partially curative disclosures. These partial disclosures caused the trading price of the stock to decline gradually, instead of dropping suddenly as is usually the ease when a one-time full disclosure of fraud is released. As a result, some of those purchasing stock during this period also sold some or all of…
2Cases cited41 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Eisen v. Carlisle & JacquelinSupreme Court of the United States · 1974
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
36 more not listed; retrieve them via the Exa API.
3Cited by63 opinions
- Frances Unger, William Patterson, Lead Gordon Ellis, Lead v. Amedisys Inc.Court of Appeals for the Fifth Circuit · 2005
- Dukes v. Wal-Mart Stores, Inc.Court of Appeals for the Ninth Circuit · 2010
- Fed. Sec. L. Rep. P 99,510 in Re Sofamor Danek Group, Inc. Bruce G. Murphy, Randy Owen, Mary Kennedy, and Lynda Kramer, Mike Roberts v. Sofamor Danek Group, Inc., E. Ron Pickard, Laurence Y. Fairey, Leander D. Beard, George F. Rapp, Miles D. Igo, Alan J. Olsen, Yves Paul Cotrel, and Phillipe CotrelCourt of Appeals for the Sixth Circuit · 1997
- In re Oxford Health Plans, Inc.District Court, S.D. New York · 2000
- In Re Syntex Corp. Securities LitigationDistrict Court, N.D. California · 1994
58 more not listed; retrieve them via the Exa API.