In Re First Chicago Corp. Securities Litigation

How courts have described this case

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

• comparing allegedly risky real estate loan to total real estate loan portfolio for year
• “Conclusory allegations that the defendants knew that their statements were not true or recklessly disregarded whether the statements were true will not satisfy rule 9(b).”
• total value of alleged bad loan immaterial in relation to size of defendant’s real estate loan portfolio
• “Vague and conclusory allegations that the defendant’s representations were not true . . . are insufficient.”
• total value of alleged bad loan immaterial in relation to size of defendant’s real estate loan portfolio
• total value of alleged bad loan immaterial in relation to size of defendant’s real estate loan portfolio

Source: CourtListener parenthetical corpus (CC0).