Maher v. Durango Metals, Inc.

How courts have described this case

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

• making clear that “the control person determination is a factual question not ordinarily subject to resolution on a motion to dismiss”
• affirming dismissal of control liability claim because allegation that the defendant held an ownership interest in the company that was the primary violator entity was, on its own, insufficient to plead that he “controlled” the primary violator
• chairman, president and CEO clearly possesses requisite con trol for control person liability and would have possessed the ultimate management authority of the corporation on a daily basis

Source: CourtListener parenthetical corpus (CC0).