Tenth Circuit· 2/6/2012

In Re Level 3 Communications, Inc. Securities Litigation

Citations

667 F.3d 1331
2012 WL 364820
2012 U.S. App. LEXIS 2376

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

holding that company officers made i~naterial1y false statements but investors failed to establish strong inference of scienter
disapproving “plaintiff’s tendency to excerpt long passages including statements and, to a large degree, leave the Court to the task of teasing out which specific statements [we]re at issue.” (alterations and quotations omitted)
finding as immaterial “defendants’ general, forward-looking expressions of confidence in future integration progress”
“[G]eneral motives for management to further the interests of the corporation fail to raise an inference of scienter.”
statements that a project was “ahead of plan” and “under budget” had a “basis in objective and verifiable fact”
statements that a project was “ahead of plan” and “under budget” had a “basis in objective and verifiable fact”

Source: CourtListener parenthetical corpus (CC0).

Judges: Briscoe, Baldock, Holmes

Read full opinion on CourtListener

Cited by

27 cases in this archive cite this case; the 20 most cited are listed.

Cites

21 cases in this archive are cited by this case; the 20 most cited are listed.

Sourced from CourtListener / Free Law Project (CC0).

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