In Re Moneygram International, 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.

• finding that overvaluation allegations must “directly connect the general external market conditions and ratings downgrades to the actual [securities] in the Portfolio.”
• describing deterioration in the housing and mortgage industry that began in 2007: “[s]ales of existing homes dropped, housing prices fell, the subprime mortgage industry collapsed and mortgage defaults and foreclosures surged”

Source: CourtListener parenthetical corpus (CC0).