United States Sixth Circuit

In a securities fraud action, dismissal of plaintiffs' claim against defendant-Ernst & Young is affirmed where plaintiffs failed to allege facts sufficient to establish that defendant acted with the requisite scienter.

Appellate Information

• Decided 12/16/2004
• Published 12/16/2004

Judges

• Before:  SUHRHEINRICH and GIBBONS, Circuit Judges;  LAWSON, District Judge.

Court

• United States Sixth Circuit

Counsel

• For Appellees:
  
• ARGUED:  Eric A. Isaacson, Lerach, Coughlin, Stoia, Geller, Rudman & Robbins, San Diego, California, for Appellants. Stanley J. Parzen, Mayer, Brown, Rowe & Maw, Chicago, Illinois, for Appellees. ON BRIEF:  Eric A. Isaacson, Joseph D. Daley, Lerach, Coughlin, Stoia, Geller, Rudman & Robbins, San Diego, California, Ronald R. Parry, Parry, Deering, Futscher & Sparks, Covington, Kentucky, for Appellants. Stanley J. Parzen, Bradley J. Andreozzi, Mayer, Brown, Rowe & Maw, Chicago, Illinois, Lora S. Morris, Muse & Morris, Louisville, Kentucky, for Appellees.