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· 2/15/1832

Delogny v. Nash

Citations

  • 3 La. 425

How courts have described this case

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

  • finding that the following statements were corporate puffery: “we’re 4 highly optimistic . . . about our growth,” “[d]emand remained as strong as ever,” “Q2 was an 5 amazing quarter,” and “I’m very happy with our continued ability to scale and [unbelievably] 6 strong sales”
  • finding that the following statements were corporate puffery: “we’re 4 highly optimistic . . . about our growth,” “[d]emand remained as strong as ever,” “Q2 was an 5 amazing quarter,” and “I’m very happy with our continued ability to scale and [unbelievably] 6 strong sales”
  • warning language was meaningful 9 where it “specifically refers to a potential lack of demand and the potential that signed contracts 10 would be cancelled, the two risk factors that Plaintiffs allege that Defendants failed to disclose”
  • warning language was meaningful 9 where it “specifically refers to a potential lack of demand and the potential that signed contracts 10 would be cancelled, the two risk factors that Plaintiffs allege that Defendants failed to disclose”
  • collecting numerous cases in support of the proposition that “merely acting as the ‘source’ of allegedly false or misleading information does not mean that such a person had ‘ultimate authority’ over the statements that were then communicated to the public”
  • collecting cases applying Janus to corporate officers

Source: CourtListener parenthetical corpus (CC0).

Judges: Porter

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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.