Plaintiffs Bid To Unseal Royal Ahold Documents

Law360, New York (June 18, 2007, 12:00 AM EDT) -- The lead plaintiffs in a multidistrict securities class action against Royal Ahold N.V. are seeking to unseal the second amended complaint, despite objections from the Dutch food conglomerate and co-defendant Deloitte & Touche LLP.

The plaintiffs, the Public Employees’ Retirement Association of Colorado and Generic Trading of Philadelphia LLC, said in court documents filed June 15 that Ahold and Deloitte have “confused and conflated” the legal standards that apply to sealing the proposed second consolidated amended complaint.

The plaintiffs said that documents that are part of...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.