Citiline Holdings, Inc. v. iStar Financial Inc.

How courts have described this case

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

• noting that every Court of Appeals to consider the issue has concluded that “an individual’s signing a registration statement does not itself suffice as solicitation under Section 12(a)(2)”
• noting in the context of a motion to dismiss that “a fact finder will be in a far better position to determine” a fact-intensive inquiry “following the close of discovery than the Court would be solely on the basis of the pleadings”
• scienter adequately alleged where defendants, inter alia, “told the investing public that they monitored the value of their portfolio on a nearly real-time basis”

Source: CourtListener parenthetical corpus (CC0).