In Re MTC Electronic Technologies Shareholders Litigation

How courts have described this case

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

• \Reliance only on representations made by others cannot itself form the basis of liability.\ (alteration and internal quotation marks omitted)
• “Reliance only on representations made by others cannot itself form the basis of liability.” (alteration and internal quotation marks omitted)
• “I conclude that if Central Bank is to have any real meaning, a defendant must actually make a false or misleading statement in order to be held liable under Section 10(b). Anything short of such conduct is merely aiding and abetting, ... no matter how substantial that aid may be....”

Source: CourtListener parenthetical corpus (CC0).