In Re AOL Time Warner, Inc. Securities Litigation

How courts have described this case

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

• Loss causation pleaded “by allegations that a defendant’s misstatements or omissions concealed a risk that later materialized to cause the plaintiffs loss.”
• “Without providing a nexus between the alleged fraud and their losses, either by demonstrating the materialization of a concealed risk or the existence of a corrective disclosure, the plaintiffs fail to plead loss causation.”
• “In each of the cases in which the Second Circuit has employed a materialization of the risk analysis, it has considered a particular risk that was allegedly concealed by the defendant’s actions and which then materialized to cause a market loss.”

Source: CourtListener parenthetical corpus (CC0).