Hoff v. Popular, Inc.

How courts have described this case

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

• finding sufficient evidence of scienter for failure to take valuation allowance against DTA “to the extent that the danger was either known to the defendants or so obvious that they must have been aware of it”
• finding such knowledge sufficient to raise a strong inference of scienter
• “Popular U.S. did not have a strong earnings history, nor would it have been reasonable for Popular to interpret that the historical losses in its U.S. operations were an aberration or anything but a continuing condition.”

Source: CourtListener parenthetical corpus (CC0).