Newman v. McKay

How courts have described this case

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

• concluding that, because the plaintiff’s injury was “intertwined” with that of the defendant fund, the action was derivative under Delaware law
• “Elendow fails to plead sufficient red flags to show that the inference that Tremont must have been aware of the fraud is at least as compelling as any opposing inference of nonfraudulent intent.”
• “Elendow fails to plead sufficient red flags to show that the inference that Tremont must have been aware of the fraud is at least as compelling as any opposing inference of nonfraudulent intent.”
• addressing scienter under the federal securities laws
• addressing scienter under the federal securities laws

Source: CourtListener parenthetical corpus (CC0).