SAIC now at Fault?
Wayback when I was the first person's report actually probably only one that SAIC has to pay all Gerard Denault's legal bills because I believe the judge felt SAIC had a responsibility and wasn't gonna let them walk away like Preet Bharara like SAIC in key New York City government officials as well as consultants and lobbyists Teflon.
CityTime is not over even as Denault lost his appeal and he even appealed the appeal and SAIC shareholders suing SAIC just got some judges to recognize SAIC and more responsibility than they've ever been willing to admit ...
There were key officials nyc Gov + lobbyists, key officials nyc Gov - Preet would not even arrest Joel Bondy!!! Anyone who could do simple math that and stop CityTime and 911 aka ECTP guilty?
"Partially reversing that ruling on Tuesday, the Second Circuit found that two of SAIC's filings may have been misleading: the corporation's Financial Accounting Standard No. 5 and Item 303 of SEC Regulation S-K.
"We conclude that the allegations support the inference that SAIC acted with at least a reckless disregard of a known or obvious duty to disclose when, as alleged, it omitted this material information from its March 2011 10-K in violation of FAS 5 and Item 303," Judge Raymond Lohier wrote for a three-judge panel.
Lawyers for the parties did not immediately respond to a request for comment."
"We conclude that the allegations support the inference that SAIC acted with at least a reckless disregard of a known or obvious duty to disclose when, as alleged, it omitted this material information from its March 2011 10-K in violation of FAS 5 and Item 303," Judge Raymond Lohier wrote for a three-judge panel.
Lawyers for the parties did not immediately respond to a request for comment."
https://www.law360.com/articles/777387/2nd-circ-revives-leidos-investor-suit-over-fraud-probe
Law360, New York (March 29, 2016, 6:31 PM ET) -- The Second Circuit revived part of Leidos Holdings Inc. investors' proposed class action Tuesday, saying the shareholders have valid claims that the government contractor withheld information on a probe into multimillion-dollar fraud allegations connected with a New York City project.
The three-judge panel found a New York federal judge erred in deeming it futile for Indiana Public Retirement System and other Leidos investors to update their complaint. The panel said the investors have a viable claim that Leidos — known as SAIC before the company split...
The three-judge panel found a New York federal judge erred in deeming it futile for Indiana Public Retirement System and other Leidos investors to update their complaint. The panel said the investors have a viable claim that Leidos — known as SAIC before the company split...
CityTime Pre-Trial Valentine's Day 2012 Denault Won SAIC pays Legal Bills
http://suzannahbtroy.blogspot.com/2013/09/citytime-pre-trial-valentine-day-2012.html?m=1
http://suzannahbtroy.blogspot.com/2013/09/citytime-pre-trial-valentine-day-2012.html?m=1
