United States Fifth Circuit

Dismissal of plaintiff's claims, alleging misrepresentation in connection with the drop in defendant's stock's price, was proper where his claims are derivative and, as a result, barred by res judicata.

Appellate Information

• Decided 04/15/2005
• Published 04/20/2005

Judges

• KING, Chief Judge:, Before KING, Chief Judge, and JOLLY and DENNIS, Circuit Judges.

Court

• United States Fifth Circuit

Counsel

• For Appellant:
  
• Joshua R. Cohen (argued), Cohen, Rosenthal & Kramer, Cleveland, OH, for Smith., Charles W. Schwartz, Skadden, Arps, Slate, Meagher & Flom, Houston, TX, David E. Springer, William Michael Rohner, Eric James Gorman, Skadden Arps, Slate, Meagher & Flom, Chicago, IL, Preeta D. Bansal, Skadden, Arps, Slate, Meagher & Flom, New York City, for BMC Software, Inc., Amicus Curiae.


• For Appellees:
  
• Marie Roach Yeates (argued), Walter B. Stuart, IV, Gwendolyn Johnson Samora, Walter Moreau Berger, Sarah Beth Landau, Vinson & Elkins, Robert M. Craig, III, Waste Management, Houston, TX, for Defendant-Appellee.