Robbins v. Koger Properties, Inc.

How courts have described this case

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

• holding that loss causation requires plaintiffs to show that the “price inflation was removed from the market price of [the] stock, causing plaintiffs a loss”
• explaining that an inflated purchase price supports a finding of reliance, but not loss causation
• explaining that an inflated purchase price supports a finding of reliance, but not loss causation
• noting that the minutes of the defendant’s board meeting attributed the dividend cut resulting in the stock’s decline to factors other than the cash flow, which was the subject of the misrepresentation
• noting the important distinction between loss causation and the proof of damages
• reversing the lower court and holding that the plaintiffs failed to satisfy the loss causation requirement because there was no ■ evidence of a connection between the defendant’s misrepresentations and the economic loss, i.e., the decline in the price of the stock

Source: CourtListener parenthetical corpus (CC0).