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493 F.3d 87 *; 2007 U.S. App. LEXIS 16382 **; Fed. Sec. L. Rep. (CCH) P94,363
ATSI COMMUNICATIONS, INC., a Delaware Corporation, Plaintiff-Appellant, -v.- THE SHAAR FUND, LTD., SHAAR ADVISORY SERVICES, N.V., RGC INTERNATIONAL INVESTORS, LDC, ROSE GLEN CAPITAL MANAGEMENT, L.P., CORPORATE CAPITAL MANAGEMENT, INTERCARIBBEAN SERVICES LTD., CITCO FUND SVCS., LUC HOLLMAN, SAM LEVINSON, HUGO VAN NEUTEGEM, DECLAN QUILLIGAN, WAYNE BLOCH, GARY KAMINSKY, STEVE KATZNELSON, TRIMARK SECURITIES, INC., LEVINSON CAPITAL MANAGEMENT, and W.J. LANGEVELD, Defendants-Appellees, MARSHALL CAPITAL SERVICES, LLC., JESUP & LAMONT STRUCTURED FINANCE GROUP, MG SECURITY GROUP, INC., CROWN CAPITAL CORPORATION, JOHN DOES 1-50, KENNETH E. GARDINER, NATHAN LIHON, and SEI INVESTMENT CO., Defendants. ATSI COMMUNICATIONS, INC., a Nevada Corporation, Plaintiff-Appellant, -v.- URI WOLFSON, SAM LEVINSON, Defendant-Appellee, Defendant.
Subsequent History: Sanctions allowed by, in part ATSI Communs., Inc. v. Shaar Fund, Ltd., 2008 U.S. Dist. LEXIS 30624 (S.D.N.Y., Mar. 27, 2008)
Prior History: [**1] Appeals from judgments of the United States District Court for the Southern District of New York (Lewis A. Kaplan, Judge), dismissing plaintiff ATSI Communications, Inc.'s complaints alleging, inter alia, securities fraud in violation of § 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. ATSI Commc'ns, Inc. v. Shaar Fund, Ltd., 357 F. Supp. 2d 712 (S.D.N.Y. 2005).
ATSI Communs., Inc. v. Shaar Fund, Ltd., 357 F. Supp. 2d 712, 2005 U.S. Dist. LEXIS 2833 (S.D.N.Y., 2005)
manipulation, allegations, converted, stock, preferred stock, common stock, investors, shares, misrepresentations, trading, district court, stock price, promise, registration, selling, scienter, sales, per share, conversion, fraudulent, prices, causation, defendants', documents, spiral, volumes, representations, particularity, omission, fails
Civil Procedure, Appeals, Standards of Review, De Novo Review, Defenses, Demurrers & Objections, Motions to Dismiss, Failure to State Claim, Pleadings, Heightened Pleading Requirements, Fraud Claims, Securities Law, Civil Liability Considerations, General Overview, Securities Litigation Reform & Standards, Elements of Proof, Scienter, Postoffering & Secondary Distributions, Securities Exchange Act of 1934 Actions, Heightened Pleading Requirements, Implied Private Rights of Action, Deceptive & Manipulative Devices, Materiality, Reliance, Justifiable & Reasonable Reliance, Contracts Law, Breach, Causation, Statute of Limitations, Implied Private Rights of Action, Secondary Liability, Controlling Persons, Elements of Proof, Abuse of Discretion, Amendment of Pleadings, Pleading & Practice