Adams v. Kinder-Morgan, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that a person is not a control person merely because he is a director
• holding that a person is not a control person merely because he is a director
• holding that senior executive positions alone do not give rise to a strong inference of scienter
• holding that the CEO and CFO of a company could have scienter to defraud because they held these positions in conjunction with other alleged facts
• holding that the Chief Financial Officer of Kinder-Morgan, based solely on his position as CFO, was a control person where the securities-fraud violations related specifically to official reports on the company’s financial performance
• holding that the CFO of Kinder-Morgan, purely based on his position as CFO, was a control person where the securities-fraud violations related specifically to official reports on the company’s financial performance

Source: CourtListener parenthetical corpus (CC0).