· 3/12/2003
In Re Enron Corp. Sec., Derivative & ERISA Lit.
Citations
- 258 F. Supp. 2d 576
- 2003 U.S. Dist. LEXIS 3786
- 2003 WL 1089307
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- fihding that attendance at board and committee meetings and access to the minutes from those meetings was insufficient to support Section 10(b) claim against outside directors
- noting that a suspicious pattern of insider trading may be gauged by the timing of the sales, the amount and percentage of the seller’s holdings sold, the amount of profit received
- undertaking a comprehensive review of the history of the TSA, relevant Texas case law, and analogies to the federal provisions of the Uniform Securities Act of 1933 upon which the TSA was based
- “Nor is the fact-specific determination of ‘the reasonableness’ of a defendant’s investigation or of his reliance on the opinion of an expert ‘a question properly resolved on a motion to dismiss.’”
Source: CourtListener parenthetical corpus (CC0).
Judges: Harmon
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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