United States Fifth Circuit

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Cent. Laborers' Pension Fund v. Integrated Elec. Servs. Inc., 06-20135

In a securities fraud action brought against defendant and several of its executive officers, dismissal with prejudice of plaintiffs' complaint is affirmed where: 1) the class action complaint failed to meet the pleading requirements of the Private Securities Litigation Reform Act (PSLRA); and 2) there was no abuse of discretion in a finding that amending the complaint would be futile.

Appellate Information

  • Decided 08/21/2007
  • Published 08/22/2007

Judges

  • EDITH BROWN CLEMENT, Circuit Judge:, Before HIGGINBOTHAM, WIENER, and CLEMENT, Circuit Judges.

Court

  • United States Fifth Circuit

Counsel

  • For Appellant:
  • Steven J. Toll (argued), Joshua Seth Devore, Elizabeth Shattuck Finberg, Cohen, Milstein, Hausfeld & Toll, Washington, DC, Roger B. Greenberg, Kay Johnson Hazelwood, Schwartz, Junell, Greenberg & Oathout, Houston, TX, for Plaintiff-Appellant.

  • For Appellees:
  • N. Scott Fletcher (argued), Michael C. Holmes, Vinson & Elkins, Houston, TX, for Defendants-Appellees.