United States Sixth Circuit

In a securities fraud class action lawsuit, dismissal of plaintiffs' claims is remanded to determine whether the complaint adequately pleads justifiable reliance and proximate cause.

Appellate Information

• Decided 02/04/2005
• Published 02/04/2005

Judges

• Before:  KEITH and CLAY, Circuit Judges;  OBERDORFER, Senior District Judge.

Court

• United States Sixth Circuit

Counsel

• For Appellees:
  
• ARGUED:  Pamela M. Parker, Lerach, Coughlin, Stoia, Geller, Rudman & Robbins, San Diego, California, for Appellant.  Thomas S. Kilbane, Squire, Sanders & Dempsey, Cleveland, Ohio, James E. Gauch, Jones Day, Washington, D.C., Erik L. Kitchen, Steptoe & Johnson, Washington, D.C., for Appellees.   ON BRIEF:  Pamela M. Parker, Michael J. Dowd, William S. Lerach, Lerach, Coughlin, Stoia, Geller, Rudman & Robbins, San Diego, California, George E. Barrett, Barrett, Johnston & Parsley, Nashville, Tennessee, Edward M. Gergosian, Barrack, Rodos & Bacine, San Diego, California, for Appellant.  Thomas S. Kilbane, George M. Von Mehren, Paul B. Ockene, Frances F. Goins, Squire, Sanders & Dempsey, Cleveland, Ohio, James E. Gauch, Stephen J. Brogan, Jacqueline M. Holmes, Jones Day, Washington, D.C., Antonia B. Ianniello, Brian M. Heberlig, Steptoe & Johnson, Washington, D.C., for Appellees.