United States Seventh Circuit

Investors' purportedly false statements concerning financing for a proposed deal, and actions taken in acquisition efforts, did not run so far afoul of governing standards under tender offer rules to warrant sanctions pursuant to the Private Securities Litigation Reform Act.

Appellate Information

• Decided 04/09/2003
• Published 04/09/2003

Judges

• DIANE P. WOOD, Circuit Judge., Before DIANE P. WOOD, EVANS, and WILLIAMS, Circuit Judges.

Court

• United States Seventh Circuit

Counsel

• For Appellees:
  
• Donna L. McDevitt (Argued), Matthew R. Kipp, Skadden, Arps, Slate, Meagher & Flom, Chicago, IL, for Plaintiff-Appellee., Amanda L. Tyler, Carter Phillips (Argued), Sidley Austin Brown & Wood, Washington, DC, for Defendants-Appellants.