Alaska Electrical Pension Fund v. Adecco S.A.

How courts have described this case

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

• concluding that because only one purported insider “traded stock during the relevant time period, [the trading activity] negates any inference of scienter”
• finding that the absence of details and lack of personal knowledge “undermines a strong inference of scienter”
• rejecting a plaintiffs contention that a low-level employee, as a CW, could support Plaintiffs attempted extrapolation of nationwide financial data based solely on the witness’s knowledge of a local branch office’s financials
• “[Subsequent write-offs ... are not corroborative of anything. Plaintiff’s] reliance on those write-offs constitutes impermissible “fraud by hindsight.” ”

Source: CourtListener parenthetical corpus (CC0).