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RAHMAN v. KID BRANDS, INC.

No. 12-4257.

736 F.3d 237 (2013)

Shah RAHMAN, Individually and On Behalf of All Others Similarly Situated, Appellant v. KID BRANDS, INC.; Bruce G. Crain; Guy A. Paglinco; Raphael Benaroya.

United States Court of Appeals, Third Circuit.

Filed: November 15, 2013.

Attorney(s) appearing for the Case

David A.P. Brower , Brower Piven , Kim E. Miller , Kahn Swick & Foti, New York, NY, Jeffrey W. Hermann , Cohn, Lifland, Pearlman, Herrman & Knopf, Saddle Brook, NJ, Lewis S. Kahn, Madisonville, LA, for Appellant.

Robert J. Del Tufo , Skadden, Arps, Slate, Meagher & Flom, Newark, NJ, Jay B. Kasner , Christopher R. Gette , Rachel J. Barnett , Matthew S. Barkan , Andrew Muscato , Skadden, Arps, Slater, Meagher & Flom, New York, NY, for Appellees Kid Brands, Inc. and Raphael Benaroya.

Eric B. Fisher , Dickstein Shapiro , New York, NY, Jeffrey Rhodes , Dickstein Shapiro, Washington, DC, Stefano V. Calogero, Wildels, Marx, Lane & Mittendorf, Madison, NJ, for Appellee, Bruce G. Crain.

Rebecca Brazzano , C. Dennis Southard, IV , David A. Wilson , Thompson Hine, Washington, DC, for Appellee, Guy A. Paglinco.

BEFORE: FUENTES, GREENBERG, and BARRY, Circuit Judges.

OPINION OF THE COURT

GREENBERG, Circuit Judge.

I. INTRODUCTION

Shah Rahman, now the appellant, brought this federal securities class action on March 22, 2011, against defendant Kid Brands, Inc., a New Jersey corporation, and against the individual defendants, Bruce G. Crain, Guy A. Paglinco, and Raphael Benaroya, officers of Kid Brands (collectively with Kid Brands "appellees"). Kid Brands is in the business of importing inexpensive infant furniture...

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