In Re Prudential SEC. Inc. Ltd. Partner. Lit.

How courts have described this case

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

• refusing to apply the \bespeaks caution\ doctrine to prospectuses which the defendants alleged \disclosed all relevant risks\ where plaintiffs made factual allegations regarding the defendants' knowledge that the value of their aircraft would decline radically
• “It is silent on the question of whether the Act applies only prospectively to actions brought under civil RICO or retroactively as well.”
• “Cautionary language cited to justify application of the doctrine must precisely address the substance of the specific statement or omission that is challenged.”
• “Risk of Limited Number of Investments.... Since the Fund may make only a limited number of investments and since the Fund’s investments generally will involve a high degree of risk, poor performance by even a single Portfolio Company could severely affect the total returns to Limited Partners.”

Source: CourtListener parenthetical corpus (CC0).