· 1/17/2008
Makor Issues & Rights, Ltd. v. Tellabs Inc.
Citations
- 513 F.3d 702
- 2008 U.S. App. LEXIS 975
- 2008 WL 151180
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- production issues, collapsing sales, and other serious issues for company’s flagship products were enough to trigger corporate scienter
- safe harbor doesn’t apply to representations that sales were “still going strong” because it concerns current sales
- corporate scienter generally requires alleging an individual defendant or corporate agent acted with scienter
- “knowledge [of a risk] is inferable from gravity”
Source: CourtListener parenthetical corpus (CC0).
Judges: Posner, Wood, Sykes
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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