In Re Bristol Myers Squibb Co. Securities Litigation

How courts have described this case

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

• finding that defendant’s announcement was a partial corrective disclosure and that “a corrective disclosure need not take the form of a single announcement, but rather, can occur through a series of disclosing events”
• finding that a “disclosure of the Justice Department investiga tion” was “more akin to a corrective disclosure” because it revealed that Defendants had not complied with their obligation to present accurate information to regulators which resulted in the investigation
• rejecting defendant’s argument that plaintiffs failed to establish loss causation as to him because no mention was ever made to the market of defendant’s role in the fraud
• “[A]n entirely truthful statement may provide a basis for liability if material omissions related to the content of the statement make it—or other statements made—materially misleading.”
• \[E]ven an entirely truthful statement may provide a basis for liability if material omissions related to the content of the statement make it ... materially misleading.\
• “[E]ven an entirely truthful statement may provide a basis for liability if material omissions related to the content of the statement make it . . . materially misleading.”

Source: CourtListener parenthetical corpus (CC0).