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· 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 CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.