1. Home
  2. Browse Decisions
  3. F.3d
  4. 494 F.3d
  5. 494 F.3d 418 (2006)
 

McCABE v. ERNST & YOUNG, LLP

No. 06-1318.

494 F.3d 418 (2006)

Daniel McCABE; Russell E. McCabe; David Motovidlak, Appellants v. ERNST & YOUNG, LLP; Nicholas R. Toms, a/k/a Nic Toms; Hugo Biermann; Gregory Thomas; Edwardstone & Company, Inc; Wayne Clevinger; Joseph Robinson; Midmark Capital, LP; Otto Leistner; Bunter B.V.I. Ltd.; George Powch; Stephen M. Duff; Clark Estates, Inc.; Raymond Broek; Donald Rowley; Douglas L. Davis; Barbara H. Martorano; Jacqui Gerrard.

United States Court of Appeals, Third Circuit.

Filed July 23, 2007.

Attorney(s) appearing for the Case

Steven M. Kaplan, Esquire (Argued), Kaplan & Levenson, New York, New York, Attorney for Appellants.

Bruce M. Cormier, Esquire (Argued), Ernst & Young, Washington, D.C., Attorney for Appellee Ernst & Young.

Before: SCIRICA, Chief Judge, FUENTES and CHAGARES, Circuit Judges.

OPINION OF THE COURT

SCIRICA, Chief Judge.

The principal issue in this securities fraud action against auditors Ernst & Young, LLP is whether plaintiffs presented sufficient evidence of loss causation to survive a summary judgment motion. We will affirm the grant of summary judgment.

I.

A.

Plaintiffs Daniel McCabe, Russell McCabe, and David Motovidlak ("the ATS Plaintiffs") had been shareholders and officers of Applied Tactical...

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