Fulton County Employees Retirement System v. MGIC Investment Corp.

How courts have described this case

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

• “Securities law requires issuers to disclose firm-specific information, not news that concerns the industry or economy as a whole.”
• “A bloc of 20% or less may be enough for working control when no one else holds a substantial portion.”
• “The most the complaint’s allegation could support is the proposition that [the company’s] managers should have seen the looming problem, but that’s negligence rather than the state of mind required for fraud.” (emphasis omitted)

Source: CourtListener parenthetical corpus (CC0).