Glaser v. The9, Ltd.

How courts have described this case

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

• holding that resignations “without some indicia of highly unusual or suspicious circumstances, are insufficient to support the required strong circumstantial evidence of scienter”
• discounting allegations from CWs where there was \no allegation that those sources ever had any contact with ... the Individual Defendants\
• disregarding allegations of three CWs who worked for third-party company that contracted with defendant company, not the defendant company itself
• ‘It is well established that trades under 10b5—1 plan do not raise a strong inference of scienter.” (cleaned up)
• “[I]t is well established that trades under 10b-5-1 plan[s] do not raise a strong inference of scienter.” (internal citation omitted)
• “resignations, without some indicia of highly unusual or suspicious circumstances, are insufficient to support the required strong circumstantial evidence of scienter”

Source: CourtListener parenthetical corpus (CC0).