Edison Fund v. Cogent Investment Strategies Fund, Ltd.

How courts have described this case

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

• dismissing Section 20(a) claim where plaintiffs \do not allege particularized facts as to [defendant’s] participation in the fraud\
• dismissing Section 20(a) claim where plaintiffs “do not allege particularized facts as to [defendant’s] participation in the fraud”
• applying the “bespeaks caution” doctrine to an alleged failure to disclose defendant’s “inability to achieve yields and meet redemption demands because of the absence of the historic secondary market”
• applying “a pleading burden ... akin to pleading Section 10(b) scienter”
• “Motive may be pleaded adequately where the defendants are alleged to have benefited in ‘some concrete and personal way.’ ”
• “The desire to earn management fees is a motive generally possessed by hedge fund managers[.]”

Source: CourtListener parenthetical corpus (CC0).