Kevin Jones, Jr. v. K. Harrington

How courts have described this case

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

• faced with multiple lines of appellate decisions, the 16 district court certified for interlocutory appeal the question of which line should apply
• “[T[here are an ‘infinite variety’ of ways for a tort 4 to cause a loss.”
• “[L]oss causation 10 . . . may be shown even where the alleged fraud is not necessarily revealed prior to the 11 economic loss.” (citation and quotation marks omitted)
• \That a stock price drop comes immediately after the revelation of fraud can help to rule out alternative causes. But that sequence is not a condition of loss causation.\ (citations omitted)
• “To prove loss causation, plaintiffs need only show a 3 ‘causal connection’ between the fraud and the loss . . . by tracing the loss back to ‘the very facts 4 about which the defendant lied.’”
• “A plaintiff may also prove loss causation by showing that the stock price fell upon the 21 revelation of an earnings miss, even if the market was unaware at the time that fraud had concealed 22 the miss.”

Source: CourtListener parenthetical corpus (CC0).