Pr Diamonds, Inc. v. John P. Chandler

How courts have described this case

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

• holding that the defendants’ access to financial reports and control over public earnings statements were insufficient to support a finding of scienter absent more particular facts
• holding that the defendants’ access to financial reports and control over public earnings statements were insufficient to support a finding of scienter absent more particular facts
• stating that general allegations regarding an auditor’s access to information do not raise an inference of fraud
• noting that specific factual allegations that a defendant ignored red flags may support a strong inference of scienter
• finding that fraud of great magnitude, in combination with other factors, may support a strong inference of fraud
• finding that fraud of great magnitude, in combination with other factors, may support a strong inference of fraud

Source: CourtListener parenthetical corpus (CC0).