Hall v. the Children's Place Retail Stores, Inc.

How courts have described this case

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

• indicating that a plaintiff cannot satisfy the requirement that he or she plead false or misleading statements with particularity if the complaint pleads \fraud by hindsight\
• finding strong inference of scienter based on recklessness when defendant was aware of the reasons that made the company’s financial statements materially misleading
• finding strong inference of scienter based on recklessness when employees were aware, but did not disclose, problems between the defendant company and its licensor
• “Under the ‘truth-on-the-market’ doctrine, information already known on the market is [ ] immaterial.”

Source: CourtListener parenthetical corpus (CC0).