In re KLX, 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 the plaintiffs’ failure to allege “the existence of any report, document, email, or statement that, if true, suggests that the defendants knew or were reckless not to know” of the falsity of the statement at issue precluded a finding of scienter
• alterations added; quotation marks omitted; quoting Theoharous v. Fong, 256 F.3d 1219, 1227 (11th Cir. 2001), abrogated on other grounds by Merck & Co. v. Reynolds, 559 U.S. 633, 653 (2010)

Source: CourtListener parenthetical corpus (CC0).