Nicholas La Grasta, Domenico La Grasta, and Mauro La Grasta, on Behalf of Themselves and All Others Similarly Situated v. First Union Securities, Inc.

U.S. Court of Appeals, First Circuit · Decided 2004-01-30

Cited by 684 later decision(s) in our corpus · see the citation network in Lexace

From the opinion

JORDAN, District Judge: In this securities fraud class action against First Union Securities, Inc., investors who purchased the stock of Ask Jeeves, Inc., an online internet research company, claimed that First Union’s analyst, through her “strong buy” recommendations, inflated the price of Ask Jeeves shares while acting under an undisclosed conflict of interest. This conflict, it…

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