Amy Greenstone, and All Others Similarly Situated v. Cambex Corporation

How courts have described this case

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

• explaining that because “defendants had no duty to disclose information about their 'illegal business practices,” they therefore “cannot be liable under Rule 10b — 5”
• explaining that if “the Court must inevitably address” the issues raised in the late 3 summary judgment motion, then “there is ‘good cause’ within the meaning of Rule 16(b
• dismissing allegation that eventual fact of a lawsuit gave rise to inference of prior knowledge that lawsuit was likely
• dismissing allegation that an eventual lawsuit gave rise to an inference of earlier knowledge that such a lawsuit was likely
• rejecting allegation of scienter based on underwriter’s alleged access to information during dúe diligence
• dismissing complaint that alleged negative event should have been anticipated in an earlier disclosure because a “general averment” that from negative event or poor performance one can infer earlier knowledge of that event or poor performance “without more, will not do”

Source: CourtListener parenthetical corpus (CC0).