In Re GeoPharma, Inc. Securities Litigation

How courts have described this case

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

• holding that where an alleged misstatement conceals a condition or event which then occurs and causes plaintiff's loss, it is the materialization of the undisclosed condition or event which causes the loss, without need for a corrective disclosure
• “Regarding the ‘opportunity’ prong, courts often assume that corporations, corporate officers and corporate directors would have the opportunity to commit fraud if they so desired.”
• where the plaintiffs “pled scienter based solely on the contradiction between public informatioij and the company’s public statements”
• “Cases in this Circuit assume that the contradictory information in question must be non-public.”
• “Cases in this Circuit assume that the contradictory information in question must be non-public.”

Source: CourtListener parenthetical corpus (CC0).