In Re Keithley Instruments, 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.

• taking judicial notice of stock prices and market indices; “In securities-fraud actions, courts will also examine the other information that was publicly available to reasonable investors ....”
• taking judicial notice in a motion to dismiss of the stock prices of the defendant’s primary competitor, the NASDAQ composite, and the Dow Jones Semiconductor Index over the period in question
• taking judicial notice of public records of stock sales by defendant which affirmatively negated inference of scienter plaintiff had sought to draw from allegations of insider trading, allegations which were already weak and incomplete when considered in isolation
• taking judicial notice of public records of stock sales by defendant which affirmatively negated inference of scienter plaintiff had sought to draw from allegations of insider trading, allegations which were already weak and incomplete when considered in isolation
• allegations by confidential witnesses lacked sufficient specificity because they gave no identifying information about the matters alleged

Source: CourtListener parenthetical corpus (CC0).