In Re Nice Systems, Ltd. 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 “New and Improved” and “High Quality” are examples of puffery
• denying motion to dismiss without prejudice for failure to comply with L. Civ. R. 7.2(b)
• information and belief allegations that fail to iden.-tify the source of the information do no satisfy the PSLRA’s requirements
• “[T]he allegation that [defendants made false and misleading statements to secure market share is ... insufficient to demonstrate that [defendants had a motive to commit fraud”
• “[A] court, when interpreting a statute, may not simply read words out of the statute.” (citation modified)
• conclusions draped in the guise of factual allegations cannot survive motion to dismiss

Source: CourtListener parenthetical corpus (CC0).