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IN RE HARMAN INTERN. INDUSTRIES, INC.

No. 14-7017.

791 F.3d 90 (2015)

In re HARMAN INTERNATIONAL INDUSTRIES, INC. SECURITIES LITIGATION, Arkansas Public Employees Retirement System, Individually and on Behalf of All Others Similarly Situated, Appellant, Cheolan Kim and City of Boca Raton General Employees Pension Plan, on Behalf of Itself and All Others Similarly Situated-(CA-07-2175), Appellees, v. Harman International Industries Inc., et al., Appellees.

United States Court of Appeals, District of Columbia Circuit.

June 23, 2015.

Attorney(s) appearing for the Case

Steven J. Toll argued the cause for appellant. With him on the briefs was Daniel S. Sommers.

Traci L. Lovitt argued the cause for appellees. With her on the brief were Thomas F. Cullen Jr. , Robert C. Micheletto , Kelly A. Carrero , and Ian J. Samuel.

Opinion for the Court by Circuit Judge ROGERS.

Between April 2007 and February 2008, Harman International Industries, Inc., and three of its officers are alleged to have knowingly and recklessly propped up the Company's stock price by making materially false and misleading statements about the Company's financial condition and by failing to disclose related material adverse...

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