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METZLER ASSET MANAGEMENT GMBH v. KINGSLEY

Nos. 18-1369, 18-1472.

928 F.3d 151 (2019)

METZLER ASSET MANAGEMENT GMBH, on behalf of itself and all other similarly situated parties; Erste-Sparinvest Kapitalanlagegesellschaft mbH, on behalf of itself and all other similarly situated parties, Plaintiffs, Appellants/Cross-Appellees, v. Stuart A. KINGSLEY; George A. Scangos; Paul J. Clancy; Biogen Inc., Defendants, Appellees/Cross-Appellants.

United States Court of Appeals, First Circuit.

June 27, 2019.

Attorney(s) appearing for the Case

Gregg S. Levin , with whom Christopher F. Moriarity , William H. Narwold , Motley Rice LLC, Jonathan Gardner , Labaton Sucharow LLP, Robert M. Rothman , Mark T. Millkey , Susan K. Alexander , Andrew S. Love , and Robbins Geller Rudman & Dowd LLP were on brief, for appellants/cross-appellees.

James R. Carroll , with whom Michael S. Hines , Sara J. van Vliet , and Skadden, Arps, Slate, Meagher & Flom LLP were on brief, for appellees/cross-appellants.

Before Lynch, Stahl, and Barron, Circuit Judges.

Metzler Asset Management GmbH ("Metzler") and Erste-Sparinvest Kapitalanlagegesellschaft mbH ("Erste-Sparinvest") have been designated the lead plaintiffs, pursuant to the Private Securities Litigation Reform Act ("PSLRA"), 15 U.S.C. § 78u-4, in a federal securities class action that they brought against Biogen Inc. and...

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