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S.D. New York· 3/21/2006

In re Veeco Instruments, Inc. Securities Litigation

Citations

  • 235 F.R.D. 220
  • 2006 U.S. Dist. LEXIS 13226
  • 2006 WL 759751

How courts have described this case

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

  • concluding a class period end date occurred the date prior to the disclosure
  • involving particularized confidential-witness allegations that attributed knowledge of specific issues to specific individual defendants
  • “[A] failure to maintain sufficient internal controls to avoid fraud is sufficiently indicative of scienter.”
  • “Pursuant to the judicially-created ‘bespeaks caution’ doctrine, certain alleged misrepresentations, which are accompanied by meaningful cautionary statements, are considered immaterial as a matter of law.”
  • plaintiffs alleged that the subject company’s “accounting department was dramatically reduced,” allowing “defendants to conceal accounting improprieties and false financial reporting”
  • the bespeaks caution doctrine “applies only where the cautionary language is reasonably specific as opposed to generic or boilerplate so as to constitute a real warning to investors”

Source: CourtListener parenthetical corpus (CC0).

Judges: McMahon

Read full opinion on CourtListener

Other cases named In re Veeco Instruments, Inc. Securities Litigation

3 other CourtListener records share this case name.

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