United States Fifth Circuit
R2 INV. LDC v. PHILLIPS, 04-10030
In an action alleging securities fraud relating to defendant's failure to complete a tender offer to repurchase previously issued notes, judgment in favor of defendant is affirmed where plaintiff failed to allege facts that give rise to a strong inference of scienter.
Appellate Information
- Decided 03/01/2005
- Published 03/02/2005
Judges
- EMILIO M. GARZA, Circuit Judge:, Before BARKSDALE, GARZA and DeMOSS, Circuit Judges.
Court
- United States Fifth Circuit
Counsel
- For Appellant:
- Craig Smyser, Larry R. Veselka (argued), Kristen L. McKeever, Smyser, Kaplan & Veselka, Houston, TX, for Plaintiff-Appellant.
- For Appellees:
- John H. McElhaney, Bradley W. Foster (argued), Locke, Liddell & Sapp, Dallas, TX, for Defendants-Appellees.