A Cahill team obtained a victory for Global Power Equipment Group in the U.S. Court of Appeals for the Fifth Circuit.
In a decision issued 18 days following oral argument, a Fifth Circuit panel affirmed the District Court’s dismissal with prejudice of a securities class action lawsuit against Global Power on the grounds that Plaintiffs had not pleaded a strong inference of scienter.
Global Power Equipment Group Inc. designs, engineers, and manufactures equipment for gas turbine power plants.
Cahill advised Global Power Equipment Group with a team including Bradley J. Bondi (Picture), Tammy L. Roy, David G. Januszewski, John Cycon and William C. McCaughey.
Involved fees earner: Bradley Bondi – Cahill Gordon & Reindel; John Cycon – Cahill Gordon & Reindel; David Januszewski – Cahill Gordon & Reindel; William McCaughey – Cahill Gordon & Reindel; Tammy Roy – Cahill Gordon & Reindel;
Law Firms: Cahill Gordon & Reindel;
Clients: Global Power Equipment Group Inc;