Lipton v. Pathogenesis Corp.

How courts have described this case

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

• “[P]laintiffs who plead the required state of mind in general terms of mere ‘motive and opportunity’ or ‘recklessness’ fail to meet the PSLRA’s heightened pleading requirements.”
• scienter cannot be 23 pled merely by alleging that “officers and directors possess motive and opportunity to enhance a 24 company’s business prospects”

Source: CourtListener parenthetical corpus (CC0).