IUE-CWA v. General Motors Corp.

How courts have described this case

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

• “A corrective disclosure is some public statement, not necessarily from the company itself, which reveals to the market the falsity of a prior representation.”
• “The decision to purchase shares after a fraud is revealed does not necessarily give rise to . . . an inference” that an investor “did not rely on the alleged misrepresentations in his initial purchasing decisions[.]”
• “The decision to purchase shares after a fraud is revealed does not necessarily give rise to . . . an inference” that the plaintiff “did not rely on the alleged misrepresentations in his initial purchasing decisions.”

Source: CourtListener parenthetical corpus (CC0).