City Of Monroe Employees Retirement System v. Bridgestone Corporation

How courts have described this case

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

• determining that a week-long gap — but not a four-month gap — supported inferring scienter
• noting possible Seventh Amendment argument but declining to address it when not raised by plaintiffs
• finding that the plaintiffs did make a showing on the second Hehvig factor because there were several specific allegations that defendant had data concerning defective tires and then made unqualified positive comments on that data
• finding disclosure of inconsistent information made four months after the allegedly fraudulent statement too distant to be probative of scienter
• calling a divergence between internal reports and external statements the “key factor” in deeming a corporate defendant reckless
• finding statement regarding safety of company’s tires to be actionable where company had actual knowledge of internal tests regarding tire failures

Source: CourtListener parenthetical corpus (CC0).