PRIME MOVER CAPITAL PART. v. ELIXIR GAMING TECH.

No. 10 Civ. 2737(LAK).

761 F.Supp.2d 103 (2011)

PRIME MOVER CAPITAL PARTNERS L.P., et al., Plaintiffs, v. ELIXIR GAMING TECHNOLOGIES, INC., et al., Defendants.

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

January 4, 2011.


Attorney(s) appearing for the Case

Daniel Adam Osborn , Osborn Law, P.C., New York, NY, for Plaintiff.


MEMORANDUM AND ORDER

LEWIS A. KAPLAN, District Judge.

This is an action by several U.S. hedge funds for damages under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act")1 and Rule 10b-5 thereunder,2 as well as on common law theories, for damages in connection with their purchases of shares in Elixir Gaming Technologies, Inc. ("EGT"), the stock of which is traded on...

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