Brown v. Westfal-Larsen & Co.

How courts have described this case

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

• holding that generalized assertions of motive, without more, do not meet Silicon Graphics ’ heightened pleading requirements
• holding that a plaintiff alleging securities fraud by relying on a company’s internal reporting must do more than identify certain “negative” reports
• holding that “[b]ecause any amendment would be futile, there was no need to prolong the 26 litigation by permitting further amendment”
• finding that one insider’s stock sales did not provide an inference of fraudulent intent was reinforced by the fact he was the only insider to sell stock during the class period
• finding that one insider’s stock sales did not provide an inference of fraudulent intent was reinforced by the fact he was the only insider to sell stock during the class period
• noting broad concerns that contractors would steal tools, “creat[ing] tool shortages” that lead to delays and additional costs

Source: CourtListener parenthetical corpus (CC0).