In Re Valujet, 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.

• concluding that statements touting \operational integrity\ and safety were false given numerous safety incidents
• noting that majority of courts reject fraud-on-themarket theory for negligent misrepresentation claims, and collecting cases
• declining to rule an aviation company’s statement that “[its] safety record had been certifiably among the very best in the airline industry” immaterial as a matter of law

Source: CourtListener parenthetical corpus (CC0).