In Re ICN Pharmaceuticals, 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.

• dismissing securities fraud claim because plaintiffs failed to substantiate conclusion that defendants committed a GAAP violation
• dismissing complaint where, among other things, confidential witness’s statements showed that channel stuffing was an “ongoing practice”
• “Plaintiffs have failed to provide detailed evidence of the contemporaneous decision-making behind the alleged accounting er rors that would combine to show the required scienter.”

Source: CourtListener parenthetical corpus (CC0).