· 3/9/1967
Carter v. Eyman
Citations
- 265 F. Supp. 957
- 1967 U.S. Dist. LEXIS 8500
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that plaintiffs’ damages model “survive[d] the minimal scrutiny required” at the certification stage although the expert had not yet “adjust[ed] for any confounding news”
- concluding that “[p]rice maintenance fit[] the theory of plaintiffs’ case,” where defendants’ material omissions maintained inflation in stock price and there was no reactionary price impact
- collecting cases and noting that “courts have found market efficiency in the absence of an event study or where the event study was not definitive”
- refusing to exclude event study, concluding that arguments as to the construct of the event study “go to the weight, not the sufficiency of the evidence”
- rejecting defendants Daubert argument that plaintiff’s expert improperly “plod[ded] through” the Cammer and Krogman factors as “pointless” because those factors are “widely accepted” as relevant to market efficiency
- rejecting Comcast challenge to damages model where plaintiffs’ model allegedly did not explain, among other things, why plaintiffs’ chosen timeframe was “an appropriate starting point for calculating damages”
Source: CourtListener parenthetical corpus (CC0).
Judges: Craig
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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