MINNEAPOLIS FIREFIGHTERS' RELIEF ASS'N v. MEMC ELECTRONIC MATERIALS

No. 10-1761.

641 F.3d 1023 (2011)

MINNEAPOLIS FIREFIGHTERS' RELIEF ASSOCIATION, on behalf of itself and all others similarly situated, Plaintiff, Mahendra A. Patel, Plaintiff/Appellant, v. MEMC ELECTRONIC MATERIALS, INC.; Nabeel Gareeb; Kenneth H. Hannah, Defendants/Appellees.

United States Court of Appeals, Eighth Circuit.

Filed: June 17, 2011.


Attorney(s) appearing for the Case

David A.P. Brower , argued, New York, NY, Charles J. Piven , Stevenson, MD, and John E. Campbell , St. Louis, MO, on the brief, for appellant.

David H. Kistenbroker , argued, Chicago, IL, Thomas Blumeyer Weaver and F. Scott Galt , St. Louis, MO, Jonie Sue Jacobsen , Heather J. O'Toole and Laura A. Brake , Chicago, IL, on the brief, for appellee.

Before RILEY, Chief Judge, BENTON and SHEPHERD, Circuit Judges.


RILEY, Chief Judge.

Mahendra A. Patel is the lead plaintiff in this consolidated, but uncertified, class action securities lawsuit against MEMC Electronic Materials, Inc. (MEMC) and its former president and chief executive officer, Nabeel Gareeb (collectively, defendants). Patel's proposed class action alleges violations of § 10(b) and § 20(a) of the Securities Exchange Act of 1934, 48 Stat. 891 (codified as amended at 15 U.S.C. §§ 78j(b) and 78t...

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