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PANTHER PARTNERS INC. v. IKANOS COMMUNICATIONS, INC.

No. 11-63-cv.

PANTHER PARTNERS INC., on Behalf of Itself and All Others Similarly Situated, Plaintiff-Appellant, v. IKANOS COMMUNICATIONS, INC., RAJESH VASHIST, DANIEL K. ATLER, DANIAL FAIZULLABHOY, MICHAEL L. GOGUEN, MICHAEL GULETT, PAUL G. HANSEN, GOPAL VENKATESH, CITIGROUP GLOBAL MARKETS INC., Defendants-Appellees, LEHMAN BROTHERS INC., Defendant.

United States Court of Appeals, Second Circuit.

Decided: May 25, 2012.

Attorney(s) appearing for the Case

SUSAN K. ALEXANDER , Robbins Geller Rudman & Dowd LLP, San Francisco, CA ( Sanford Svetcov , Robins Geller Rudman & Dowd LLP, San Francisco, CA, Samuel H. Rudman , David A. Rosenfeld , Robins Geller Rudman & Dowd LLP, Melville, NY, on the briefs), for Plaintiff-Appellant.

JAMES N. KRAMER ( Michael D. Torpey , on the brief), Orrick, Herrington & Sutcliffe LLP, San Francisco, CA, for Defendants-Appellees Ikanos Communications, Inc., Rajesh Vashist, Daniel K. Atler, Danial Faizullabhoy, Michael L. Goguen, Michael Gulett, Paul G. Hansen and Gopal Venkatesh.

DANIEL J. TOAL ( Daniel J. Kramer , Farrah R. Berse , Aaron H. Crowell , on the brief), Paul, Weiss , Rifkind, Wharton & Garrison LLP, New York, NY, for Defendant-Appellee Citigroup Global Markets Inc.

Before: JACOBS, Chief Judge, B.D. PARKER and HALL, Circuit Judges.

BARRINGTON D. PARKER, Circuit Judge.

Plaintiff Panther Partners Inc. ("Panther") appeals an order of the United States District Court for the Southern District of New York (Crotty, J.), denying leave to amend its complaint alleging violations of §§ 11, 12(a)(2), and 15 of the Securities Act of 1933. See 15 U.S.C. §§ 77k, 77l(a)(2), 77o. The proposed complaint alleged that defendant Ikanos Communications Inc. ("Ikanos" or the...

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