Hidden v. Durey

How courts have described this case

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

• finding the accuracy of plaintiffs’ alleged misrepresentations by defendant was irrelevant, and dismissal was appropriate, because plaintiffs failed to allege the requisite scienter
• generalized motive to justify investment and have it appear profitable, “one which could be imputed to any publicly-owned, for-profit endeavor, is not sufficiently concrete for purposes of inferring scienter”
• “Fraud cannot be inferred simply because GE might have been more curious or concerned about the activity at Kidder.”

Source: CourtListener parenthetical corpus (CC0).