In Re Gildan Activewear, 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.

• “Plaintiffs’ allegations are empty vessels, as the trades occurred . . . many months before the release of any negative information that caused Gildan’s stock price to plummet.”
• “Plaintiffs have alleged insider trading by only two Gildan insiders; the absence of any allegations of other insider trades before Gildan announced the impact of the issues . . . undercuts any finding of the requisite strong inference of scienter.”

Source: CourtListener parenthetical corpus (CC0).