In re Xcelera.com Securities Litigation

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Full Text of Court Cases
December 13, 2005
securities litigation

In re Xcelera.com Securities Litigation
No. 05-1221
US
Federal Court
1st Circuit
United States Court of Appeals

Summary

The U.S. Court of Appeals for the First Circuit affirmed a class certification based on evidenced of an efficient market. The court applied the Cammer Factors to determine if the Fraud on the market theory was appropriate. It gave the most weight to the c ...
In re Xcelera.com Securities Litigation v.
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See Also

Sophisticated Event Study Analysis Illustrates Efficient Market

The U.S. Court of Appeals for the First Circuit affirmed a class certification based on evidenced of an efficient market. The court applied the Cammer Factors to determine if the Fraud on the market theory was appropriate. It gave the most weight to the c ...