Kincheloe v. Computing Scale Co.

How courts have described this case

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

• finding that bonds with trading volumes of over 1% favors efficiency because bonds usually trade less frequently than stocks
• rejecting a proposed limitation to the class definition because it “would cut off purchasers who have valid claims under Morrison’s second prong”
• finding a range of 0.02 to 0.418 days between successive trades suggesting frequent trading in support of efficiency
• finding market efficiency, relying in part on float equivalent to the total par value
• describing the defense expert’s position that “in an efficient market, the price of a security should always 60 16‐1914‐cv move in response to the release of new value‐relevant information that is materially different from expectations”
• “There is always some subjectivity in analyses of this nature . . . .”

Source: CourtListener parenthetical corpus (CC0).