In Re Party City 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 sales twelve, four, and three months before disclosure too attenuated and noting that “broad temporal distance between stock sales and a disclosure of bad news defeats any inference of scienter.”
• “Indeed the Second Amended Complaint fails to set forth what [the article] was referring to have been ‘outta control.’”
• “A broad tem- poral distance between stock sales and a disclosure of bad news defeats any inference of scienter.”
• “Low aggregate sales and large retained aggregate holdings rebut an inference of motive, even where some defendant have sold significant percentages.”
• “Low aggregate sales and large retained aggregate holdings rebut an inference of motive, even where some defendants have sold significant percentages.”
• “Low aggregate sales and large retained aggregate holdings rebut an inference of motive, even where some defendants have sold significant percentages.”

Source: CourtListener parenthetical corpus (CC0).