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FRANCISCO v. ABENGOA, S.A.

Nos. 15 Civ. 6279 (ER), 15 Civ. 6971 (ER)

MICHAEL FRANCISCO, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. ABENGOA, S.A., SANTIAGO SEAGE, MANUEL SANCHEZ ORTEGA, BARBARA ZUBIRIA AND IGNACIO GARCÍA ALVEAR, Defendants. DANIEL LAMOUREAUX, Individually and on Behalf of All Others Similarly Situated, Plaintiff, v. ABENGOA, S.A., SANTIAGO SEAGE, MANUEL SANCHEZ ORTEGA, BARBARA ZUBIRIA AND IGNACIO GARCÍA ALVEAR, Defendants.

United States District Court, S.D. New York.

May 24, 2016.

Attorney(s) appearing for the Case

Jesse and Arlette Sherman, Lead Plaintiff, represented by Adam M. Apton , Levi & Korsinsky LLP.

Michael Francisco, Plaintiff, represented by Adam M. Apton , Levi & Korsinsky LLP.

Daniel LaMoureaux, Plaintiff, represented by Jeremy Alan Lieberman , Pomerantz LLP & Joseph Alexander Hood, II , Pomerantz LLP.

PAMCAH-UA Local 675 Pension Fund, Movant, represented by David Avi Rosenfeld , Robbins Geller Rudman & Dowd LLP.

Ian Bothwell, Movant, represented by Jeremy Alan Lieberman , Pomerantz LLP.

Abengoa, S.A., Defendant, represented by Timothy E. Hoeffner , DLA Piper US LLP.

OPINION AND ORDER

In August and September of 2015, two putative class actions were brought under the federal securities laws against Abengoa, S.A. ("Abengoa" or the "Company") and individual Abengoa executives. The suits allege that Abengoa, an engineering and clean technology company, made materially false...

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