U.S. Court of Appeals for the First Circuit, 2005

Brody v. RAM Trust Services

Brody v. RAM Trust Services
U.S. Court of Appeals for the First Circuit · Decided August 18, 2005
424 F.3d 24 (Federal Reporter, Third Series)

Brody v. RAM Trust Services

Opinion

United States Court of Appeals For the First Circuit

No. 03-2429 IN RE STONE & WEBSTER, INC., SECURITIES LITIGATION ADELE BRODY, on behalf of herself and all others similarly situated; FRED DUBOIS, JR., individually and on behalf of all others similarly situated; ALBERT A. BLANK, on behalf of himself and all others similarly situated; DAVID B. EVERSON, on behalf of himself and all others similarly situated; FANNY MANDELBAUM, on behalf of herself and all others similarly situated; MARK HANSON, on behalf of himself and all others similarly situated, Plaintiffs, RAM TRUST SERVICES, INC., LENS INVESTMENT MANAGEMENT LLC, Plaintiffs, Appellants, v. STONE & WEBSTER, INC., H. KERNER SMITH, THOMAS LANGFORD, PRICEWATERHOUSECOOPERS, LLP, Defendants, Appellees.

ERRATA The opinion of this court dated July 14, 2005, is amended as follows: On page 2, line 4, replace “appellant” with “appellants.”

On page 11, line 22, delete the comma between “We have explained” and “that ‘[]under the . . . .”

On page 12, line 2, insert a space between “§” and “78u- 4(b)(2).”

On page 14, line 17, delete “two” between “as part of GAAP,” and “accounting methods.”

On page 20, line 15, insert “the” between “complied sufficiently with” and “PSLRA’s requirement.”

On page 20, line 18, insert “the” between “previously stated that” and “PSLRA does not.”

On page 21, line 7, insert “the” between “requirement of” and “PSLRA.”

On page 27, line 6, insert “a” between “imposes no burden on” and “plaintiff to prove.”

On page 42, line 22, replace “Any” with “any” following “(2).”

On page 42, line 24, replace “Because” with “because” following “(3).”

On page 46, line 10, insert “to be” between “may appear” and “the inevitable.”

On page 50, line 22, replace “defendant’s” with “defendants’ ” between “in considering the” and “motion to dismiss.”

On page 54, line 16, replace “superceded” with “superseded” before “by statute on other grounds.”

On page 56, line 9, replace “PWC” with “PwC” between “that” and “audits were performed.”

On page 57, line 11, insert “the” between “clarity-and-basis test of” and “PSLRA.”

On page 59, line 1, replace “allegations” with “allegation” between “The final” and “on which plaintiffs rely.”

Case-law data current through December 31, 2025. Source: CourtListener bulk data.