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EMPLOYEES' RETIREMENT SYS. v. THE WILLIAMS CO.

No. 17-5034.

889 F.3d 1153 (2018)

EMPLOYEES' RETIREMENT SYSTEM OF the State of RHODE ISLAND, Plaintiff-Appellant, and Michael Erber, Plaintiff, v. The WILLIAMS COMPANIES, INC.; Williams Partners L.P.; Williams Partners GP, LLC; Alan S. Armstrong; Donald R. Chappel, Defendants-Appellees.

United States Court of Appeals, Tenth Circuit.

May 11, 2018.

Attorney(s) appearing for the Case

Ira A. Schochet , Labaton Sucharow LLP, New York, New York ( Joel H. Bernstein , Michael W. Stocker , Eric J. Belfi and Eric D. Gottlieb , Labaton, Sucharow LLP, New York, New York, and William B. Federman and Joshua D. Wells , Federman & Sherwood, Oklahoma City, Oklahoma, with him on the briefs), for Plaintiff-Appellant.

Sandra C. Goldstein , Cravath, Swaine & Moore LLP, New York, New York ( Antony L. Ryan , Cravath, Swaine & Moore LLP, New York, New York, and Michael J. Gibbens , Elliot P. Anderson , Crowe & Dunlevy, P.C., Tulsa, Oklahoma, and Mary H. Tolbert , Oklahoma City, Oklahoma, with her on the brief), for Defendants-Appellees.

Before LUCERO, BALDOCK, and HARTZ, Circuit Judges.

Employees' Retirement System of the State of Rhode Island (Plaintiff) appeals the dismissal of its amended complaint (the Complaint) in a putative class-action suit. It alleges violations of federal securities law because of the failure to disclose merger discussions that affected the value of its investment. Exercising jurisdiction...

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