1. Home
  2. Browse Decisions
  3. F.3d
  4. 9 F.3d
  5. 9 F.3d 259 (1993)
 

IN RE TIME WARNER INC. SECURITIES LITIGATION

No. 836, Docket 92-7816.

9 F.3d 259 (1993)

In re TIME WARNER INC. SECURITIES LITIGATION. ZVI TRADING CORP. EMPLOYEES' MONEY PURCHASE PENSION PLAN AND TRUST, and Barry Zonon, Plaintiffs-Appellants, v. Steven J. ROSS, N.J. Nicholas, Jr., Gerald M. Levin, Bert W. Wasserman, and Time Warner Inc., Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided November 30, 1993.

Attorney(s) appearing for the Case

Arthur R. Miller, Cambridge, MA (David J. Bershad, Sol Schreiber, Lee S. Shalov, James E. Tullman, Milberg Weiss Bershad, Specthrie & Lerach, New York City, Michael J. Freed, Joseph D. Ament, Ellyn M. Lansing, Much Shelist Freed Denenberg & Ament, Chicago, IL, Roger W. Kirby, Kaufman Malchman Kaufmann & Kirby, New York City, on the brief), for plaintiffs-appellants.

Stuart Robinowitz, New York City (Jonathan J. Freedman, Matthew L. Levine, Paul, Weiss, Rifkind, Wharton & Garrison, on the brief), for defendants-appellees.

Before NEWMAN, Chief Judge, WINTER and MINER, Circuit Judges.

JON O. NEWMAN, Chief Judge:

This appeal from the dismissal of a securities fraud complaint requires us to consider the recurring issue of whether stock fraud claims are sufficiently pleaded to warrant at least discovery and perhaps trial. Three separate issues are presented: (1) whether a corporation has a duty to update somewhat optimistic predictions about achieving a business plan when it appears that the plan might not be realized, (2) whether a corporation has...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases