In Re Parmalat Securities Litigation

Decided 2005-06-28

Cited by 107 later decision(s) in our corpus · see the citation network in Lexace

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From the opinion

KAPLAN, District Judge. Parmalat Finanziaria, S.p.A. and Parma-lat S.p.A. and its affiliates (collectively, “Parmalat”) collapsed upon the discovery of a massive fraud that reportedly involved the understatement of Parmalat’s debt by nearly $10 billion and the overstatement of its net assets by $16.4 billion. 1 Plaintif…

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