Johnson v. Portland Trust & Savings Bank

How courts have described this case

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

• holding that “[i]n establishing scienter with respect to projections and opinions, it is insufficient to show ... that a forecast turned out to be incorrect”
• holding that investors in a tax shelter could recover from an attorney who had misrepresented facts relating to the tax shelter
• holding that evidence of reliance on a report was sufficient even though there was evidence that plaintiffs may also have relied on a another source
• holding numerosity requirement to be satisfied where putative securities fraud class consisted of “more than 90 geographically dispersed plaintiffs”
• declaring that the presence of individual questions does not preclude a finding that predominance requirements are satisfied
• holding individual questions of reliance in securities class action involving investment in tax shelters did not preclude certification

Source: CourtListener parenthetical corpus (CC0).