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· 5/10/1991

In Re Control Data Corporation Securities Litigation

Citations

  • 933 F.2d 616
  • 19 Fed. R. Serv. 3d 1247
  • 1991 U.S. App. LEXIS 9311

How courts have described this case

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

  • finding no “manifest injustice” in denying an amendment where “the class should have been fully 14 aware of the viable claims it could pursue”
  • finding “no evidence of manifest injustice to justify relief from the order,” where “the class should have been fully aware of the viable claims it could pursue”
  • finding “no evidence 13 of manifest injustice to justify relief from the order,” where “[a]fter four years of discovery, the class should have been fully aware of the viable claims it could pursue”
  • “To the extent that the defendant’s misrepresentations artificially altered the price of the stock and defrauded the market, causation is presumed.”
  • “whether a misrepresentation would have the effect of defrauding the market and inflating the stock price is a jury question.”

Source: CourtListener parenthetical corpus (CC0).

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.