SEGEN EX REL. KFX v. WESTCLIFF CAPITAL MANAGEMENT

No. 03 Civ.1551(WHP).

299 F.Supp.2d 262 (2004)

Leon S. SEGEN, derivatively on behalf of KFx INC., Plaintiff, v. WESTCLIFF CAPITAL MANAGEMENT, LLC, et al., Defendants.

United States District Court, S.D. New York.

January 20, 2004.


Attorney(s) appearing for the Case

Glenn F. Ostrager, Ostrager Chong & Flahrety, LLP, New York City, for Plaintiff.

Steven R. Popofsky, Gersten, Savage, Kaplowitz, Wolf & Marcus, LLP, New York City, for Westcliff Defendants.

Anthony L. Paccione, Katten Muchin Zavis Rosenman, New York City, for Ritchie Defendants.


MEMORANDUM AND ORDER

PAULEY, District Judge.

In this shareholder derivative action, plaintiff Leon S. Segen, on behalf of KFx Inc. ("KFx"), seeks disgorgement of $9 million in alleged short-swing profits realized by two groups of insiders pursuant to Rule 16b-6(c)(2) of the Securities Exchange Act of 1934 (the "Exchange Act"), 17 C.F.R. § 240.16b-6. Currently before this Court are defendants' motions for summary judgment on the grounds that they...

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