Johnson v. Nyfix, Inc.

How courts have described this case

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

• “seeking to maximize [the company]’s profitability constituted ‘part of the officers’ and directors’ financial responsibilities to the Company’ ”
• noting that to sufficiently plead why the statements were fraudulent, the plaintiffs must adequately allege that the defendants knew or were reckless in not knowing that the statements at issue in the registration statement were false or misleading

Source: CourtListener parenthetical corpus (CC0).