Fannon v. Guidant Corp., 08-2429
In plaintiffs' consolidated securities action against defendants alleging fraud in connection with a merger, the judgment of the district court is affirmed where it did not abuse its discretion: 1) in dismissing the case with prejudice as the plaintiffs had a number of opportunities to craft a complaint that complied with the Private Securities Litigation Reform Act; 2) in denying plaintiffs' motion to vacate the judgment pursuant to Rule 59(e); and 3) in denying the plaintiffs' motion to file an amended complaint.
Appellate Information
- Argued 01/16/2009
- Decided 10/21/2009
- Published 10/21/2009
Judges
- WOOD, Circuit Judge., Before BAUER, FLAUM and WOOD, Circuit Judges.
Court
- United States Seventh Circuit
Counsel
- For Appellant:
- Scott D. Gilchrist, Cohen & Malad, Indianapolis, IN, Geoffrey M. Johnson, Attorney (argued), Scott & Scott, Chagrin Falls, OH, for Plaintiffs-Appellants.
- For Appellees:
- Boris Feldman, Attorney (argued), Wilson, Sonsini, Goodrich & Rosati, Palo Alto, CA, for Defendants-Appellees.