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IN RE ELETROBRAS SECURITIES LITIGATION

15-cv-5754 (JGK).

245 F.Supp.3d 450 (2017)

IN RE ELETROBRAS SECURITIES LITIGATION.

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

Filed March 27, 2017.

Editors Note
Applicable Law: 15 U.S.C. § 78m(a)
Cause: 15 U.S.C. § 78m(a) Securities Exchange Act
Nature of Suit: 850 Securities / Commodities
Source: PACER

Attorney(s) appearing for the Case

City of Providence, Rhode Island, Plaintiff, represented by Donald R. Hall, Jr. , Kaplan Fox & Kilsheimer LLP.

City of Providence, Rhode Island, Plaintiff, represented by Hae Sung Nam , Kaplan Fox & Kilsheimer LLP, Melinda D. Campbell , Kaplan Fox & Kilsheimer LLP, Pamela A. Mayer , Kaplan Fox & Kilsheimer LLP, Frederic Scott Fox, Sr. , Kaplan Fox & Kilsheimer LLP & Ramzi Abadou , Kessler Topaz Meltzer & Check, LLP.

Dominique Lavoie, Plaintiff, represented by Donald R. Hall, Jr. , Kaplan Fox & Kilsheimer LLP, Frederic Scott Fox, Sr. , Kaplan Fox & Kilsheimer LLP, Hae Sung Nam , Kaplan Fox & Kilsheimer LLP, Melinda D. Campbell , Kaplan Fox & Kilsheimer LLP, Pamela A. Mayer , Kaplan Fox & Kilsheimer LLP & Ramzi Abadou , Kessler Topaz Meltzer & Check, LLP.

Paul Chiolo, Movant, represented by Phillip C. Kim , The Rosen Law Firm P.A..

Centrais Eletricas Brasileiras S.A. — Eletrobras, Defendant, represented by Antonio Jorge Perez-Marques , Davis Polk & Wardwell LLP, James H.R. Windels , Davis Polk & Wardwell LLP & Bryan Patrick McArdle , Davis Polk & Wardwell LLP.

Jose da Costa Carvalho Neto, Defendant, represented by Antonio Jorge Perez-Marques , Davis Polk & Wardwell LLP, James H.R. Windels , Davis Polk & Wardwell LLP & Bryan Patrick McArdle , Davis Polk & Wardwell LLP.

Armando Casado de Araujo, Defendant, represented by Antonio Jorge Perez-Marques , Davis Polk & Wardwell LLP, James H.R. Windels , Davis Polk & Wardwell LLP & Bryan Patrick McArdle , Davis Polk & Wardwell LLP.

OPINION AND ORDER

This is a consolidated securities action purportedly brought on behalf of a class of all purchasers of U.S. exchange-traded securities of Centrais Elétricas Brasileiras S.A. ("Eletrobras" or the "Company") between August 17, 2010 and June 24, 2015 (the "class...

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