Cornelia I. Crowell GST Trust v. Possis Medical, Inc.

How courts have described this case

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

• listing elements which must be shown for securities action to survive a motion to dismiss
• rejecting witness statement that “fail[ed] to provide any information regarding how employees at this level of the company would have access to the [ ] information.”
• evaluating “futility” of asserted claims under Fed. R. Civ. P. 12(b)(6) standard
• evaluating “futility” of asserted claims under Fed. R. Civ. P. 12(b)(6) standard
• denying plaintiff leave to amend complaint as futile “means the district court has reached the legal conclusion that the amended complaint could not withstand a motion to dismiss under Rule 12(b)(6) of the Federal Rules of Civil Procedure”
• “Generally, parties should not be allowed to amend their complaint without showing how the complaint could be amended to save the meritless claim.”’

Source: CourtListener parenthetical corpus (CC0).