Inside the
Courts
An Update From Skadden Securities Litigators
CONTENTS
U.S. SUPREME COURT 2
Gelboim v. Bank of Am. Cor p., No. 13-1174 (U.S. Jan. 21, 2015)
DEMAND FUTILITY 2
Arduini v. Hart, No. 12-15750 (9th Cir. Dec. 17, 2014)
EXCHANGE ACT 3
Manning v. Merrill Lynch Pi erce Fenner & Smith, Inc., No. 13-3693
(3d Cir. Nov. 10, 2014)
Mauss v. NuVasive, Inc., No. 13-2005 (S.D. Cal. Dec. 9, 2014)
In re Tesla Motors, Inc. Sec. Litig., No. 13-05216 (N.D. Cal. Dec. 5, 2014)
Alpha Capital Anstal t v. New Generation Biofuels, In c., No. 13-CV-5586
(VEC) (S.D.N.Y. Nov. 18, 2014)
FIDUCIARY DUTI ES 5
Books and Records ............................................................5
United Techs. Corp. v. Treppel, No. 127, 2014 (Del. Dec. 23, 2014)
Mergers and Acquisitions ..................................................6
C&J Energy S ervs., Inc. v. City of Miami Gen. E mps.’ & Sanitation
Emps.’ Ret. Trust, No. 655/657, 2014 (Del. Dec. 19, 2014)
In re Family Dollar Store s, Inc. S’holder Litig., No. 9985-CB
(Del. Ch. Dec. 19, 2014)
INSIDER TRADING CLAIMS 7
U.S. v. Newman, Nos. 13-1837-cr (L), 13-1917-cr (con)
(2d Cir. Dec. 10, 2014)
LEAD PLAIN TIFF 8
In re Dynegy, Inc., No. 13-2581 (2d Cir. Oct. 31, 2014)
PSLRA 8
Oregon Pub. Emps. Ret. Fu nd v. Apollo Grp. Inc., No. 12-16624
(9th Cir. Dec. 16, 2014)
Wong v. Accretive Health, Inc., No. 14-2191 (7th Cir. Dec. 9, 2014)
RULE 10B-5 OM ISSION LIABI LITY 9
Stratte-Mc Clure v. Morgan Stanley, No. 13-0627-cv (2d Cir. Jan. 12, 2015)
SCIENTER 10
In re Gold Res. Corp. Se c. Litig., No. 13-1323 (10th Cir. Jan. 16, 2015)
SEC PROSPECTUS REGU LATIONS 10
Campbell v. Am. Int’l. G rp., Inc., No. 1:14cv1320 (E.D. Va. Jan. 20, 2015)
SECURITIES ACT C LAIMS 11
United Food & Commerci al Workers Union Local 880 Pension Fund v.
Chesapeake Energy Corp., No. 13-6165 (10th Cir. Aug. 8, 2014)
STA ND IN G 11
Ret. Board of the Police men’s Annuity & Bene fit Fund v. Bank of N.Y.
Mellon, Nos. 13-1776-cv, 13-1777-cv (2d Cir. Dec. 23, 2014)
TENDER OFFERS 12
Sodhi v. Gentium S .P.A., No. 1:14-cv-00287-JPO (S.D.N.Y. Jan. 22, 2015)
WHISTLEBLOWER PROTECTIONS 12
Berman v. Neo@Ogil vy LLC, No. 1:14-cv-523-GHW-SN
(S.D.N.Y. Dec. 5, 2014)
March 2015 | Volume 7 | Issue 1
