Legal Opinion

Winer Family Trust v. Queen

Court of Appeals for the Third Circuit

Decided September 24, 2007No. 05-3622PublishedCited by 267 opinions

1Opinion of the Court

OPINION OF THE COURT

SCIRICA, Chief Judge.

At issue in this private securities fraud class action is whether plaintiffs properly pleaded false and misleading statements and material omissions on the company’s earnings potential and stock value, in violation of the Securities and Exchange Act of 1934. The District Court granted defendants’ motions to dismiss for failure to meet the pleading requirements of the Private Securities Litigation Reform Act of 1995,15 U.S.C. § 78u-4 et seq (“PSLRA”). While this appeal was pending, the Supreme Court set forth the pleading standard for the PSLRA.…

2Cases cited52 opinions

  1. Lujan v. Defenders of WildlifeSupreme Court of the United States · 1992
  2. Illinois v. GatesSupreme Court of the United States · 1983
  3. Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
  4. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  5. Leatherman v. Tarrant County Narcotics Intelligence and Coordination UnitSupreme Court of the United States · 1993

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3Cited by267 opinions

  1. Great Western Mining & Mineral Co. v. Fox Rothschild LLPCourt of Appeals for the Third Circuit · 2010
  2. Loreley Financing (Jersey) No. 3 Ltd. v. Wells Fargo Securities, LLCCourt of Appeals for the Second Circuit · 2015
  3. Institutional Investors Group v. Avaya, Inc.Court of Appeals for the Third Circuit · 2009
  4. Barry Belmont v. MB Investment Partners, Inc.Court of Appeals for the Third Circuit · 2013
  5. Makor Issues & Rights, Ltd. v. Tellabs Inc.Court of Appeals for the Seventh Circuit · 2008

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