In Re JP Morgan Chase 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 plaintiff failed to allege scien-ter on theory of conscious misbehavior where plaintiff “failed to plead with requisite particularity that any of the defendants engaged in illegal behavior.”
• recognizing that employee bonuses were tied to the value of stock
• finding that allegations of fraudulent accounting, resulting in a 0.3% change in the categorization of a multi-billion dollar bank’s assets, were immaterial given the totality of the circumstances
• attributing the knowledge of a vice chairman, vice president, and managing director to the corporate defendant
• declining to apply \core operations” doctrine when plaintiffs allege no facts suggesting that alleged fraudulent accounting \was at the core of JPM Chase's business”
• “Changing the accounting treatment of approximately 0.3% of JPM Chase’s total assets from trades to loans would not have been material to investors”

Source: CourtListener parenthetical corpus (CC0).