Forsythe v. Russell Co.

How courts have described this case

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

• “Plaintiffs attempt to prove [CFO’s] scienter through his title in the company and background in accounting, but such generalized allegations are insufficient under the PSLRA.”
• “Insider trading, or sudden sales of shares by the defendants, is also highly probative of scienter. The absence of any such allegations can weigh against a finding of scienter.” (citation omitted)

Source: CourtListener parenthetical corpus (CC0).