1. Home
  2. Browse Decisions
  3. F.Supp.2d
  4. 294 F.Supp.2d
  5. 294 F.Supp.2d 616 (2003)
 

IN RE DAIMLERCHRYSLER AG SECURITIES LITIGATION

Nos. CIV.A.00-993 JJF, CIV.A.00-984 JJF.

294 F.Supp.2d 616 (2003)

In re: DAIMLERCHRYSLER AG SECURITIES LITIGATION Tracinda Corporation, a Nevada Corporation, Plaintiff, v. DaimlerChrysler AG, a Federal Republic of Germany corporation; Daimler-Benz AG, a Federal Republic of Germany corporation; Juergen Schrempp, a citizen of the Federal Republic of Germany; and Manfred Gentz, a citizen of the Federal Republic of Germany, Defendants.

United States District Court, D. Delaware.

November 20, 2003.

Attorney(s) appearing for the Case

A. Glichrist Sparks, III, Alan J. Stone, and Jessica Zeldin, of Morris, Nichols, Arsht & Tunnell, Wilmington, Delaware, Christensen, Miller, Fink, Jacobs, Glaser, Weil & Shapiro, LLP, Los Angeles, California (Terry Christensen, Mark G. Krum, Steven J. Aaronoff, and Mark I. Labaton, of counsel), William G. McGuinness, and Julie E. Kamps, of Fried, Frank, Harris, Shriver & Jacobson, New York, New York, for Plaintiff Tracinda Corporation.

Thomas J. Allingham II, and Robert S. Saunders, of Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, Delaware, Skadden, Arps, Slate, Meagher & Flom LLP, New York, New York (Jonathan J. Lerner, J. Michael Schell, Joseph N. Sacca, and Jacob E. Hollinger, of counsel), for Defendants DaimlerChryler AG, DaimlerBenz AG, Jürgen Schrempp and Manfred Gentz.

MEMORANDUM OPINION

FARNAN, District Judge.

Pending before me is Defendants' Motion For Summary Judgment (D.I.528) against Plaintiff, Tracinda Corporation ("Tracinda") on the grounds that Tracinda (1) cannot establish reasonable reliance as a matter of law for its claims of common law fraud and violations of Sections 10 and 20 of the Securities and Exchange Act of 1934 (the "Exchange Act"), (2) cannot establish loss causation as a matter of law for...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases