Fannon v. Guidant Corp., No. 08-2429

In plaintiffs' consolidated securities action against defendants alleging fraud in connection with a merger, the judgment of the district court is affirmed where it did not abuse its discretion: 1) in dismissing the case with prejudice as the plaintiffs had a number of opportunities to craft a complaint that complied with the Private Securities Litigation Reform Act; 2) in denying plaintiffs' motion to vacate the judgment pursuant to Rule 59(e); and 3) in denying the plaintiffs' motion to file an amended complaint.     

Read Fannon v. Guidant Corp., No. 08-2429

Appeals from the United States District Court for the Southern District of Indiana, Indianapolis Division

Argued January 16, 2009
Decided October 21, 2009

Judges

Before:  Bauer, Flaum, and Wood, Circuit Judges

Opinion by Wood, Circuit Judge