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· 2/17/2012

Oklahoma Firefighters Pension & Retirement System v. Smith & Wesson Holding Corp.

Citations

  • 669 F.3d 68
  • 2012 WL 516073
  • 2012 U.S. App. LEXIS 3259

How courts have described this case

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

  • noting that “the failure to meet internal sales goals does not necessarily indicate declining demand for the Company’s products.”
  • “Scienter is inherently a fact-intensive inquiry, and courts are normally cautious about granting summary judgment for the defense on this issue.
  • “If it is questionable whether a fact is material or its materiality is marginal, that tends to undercut the argument that defendants acted with the requisite intent or extreme recklessness in not disclosing the fact.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Boudin, Lipez, Smith

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.