· 8/9/2011
Board of Trustees of Ft. Lauderdale v. Mechel Oao
Citations
- 811 F. Supp. 2d 853
- 2011 U.S. Dist. LEXIS 88143
- 2011 WL 3502016
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- “[G]eneralized allegations about the Individual Defendants’ educational backgrounds and extensive experience . . . do not raise an inference [of scienter].” (internal quotation marks omitted)
- \[Defendant's] need to comply with various financial covenants in its loan agreements is similarly deficient as a motive allegation as they are common to most companies.\
Source: CourtListener parenthetical corpus (CC0).
Judges: Richard J. Sullivan
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.