In Re Bayou Hedge Fund Litigation

How courts have described this case

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

• “[e]ven an egregious failure to gather information will not establish 10b-5 liability so long as the defendants did not deliberately shut their eyes to the facts”
• dismissing claims against individual defendants upon finding no primary violation

Source: CourtListener parenthetical corpus (CC0).