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· 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 CourtListener

Sourced 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.