· 11/3/2016
San Diego County Health & Human Services Agency v. Anthony R.
Citations
- 5 Cal. App. 5th 53
- 209 Cal. Rptr. 3d 397
- 2016 Cal. App. LEXIS 947
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- concluding that “generalized statements about [defendant’s] transparency, quality, and responsibility are the sort of puffery that a reasonable investor would not rely on”
- requiring the plaintiff to identify the “time, place, and contents of the false representations, as well as the identity of the person making the misrepresentation and what that person obtained thereby”
- “[A] company’s ‘generalized, positive statements’ are immaterial because they do not alter a reasonable investor’s assessment of the company’s prospects.”
- “[A] reasonable investor will not judge [the company’s] value based on its own generalized and self-serving statements” about its “transparency, quality, and responsibility.”
- “We have explained that a company’s generalized, positive statements are immaterial because they do not alter a reasonable investor’s assessment of the company’s prospects.” (internal citations and quotation marks omitted)
Source: CourtListener parenthetical corpus (CC0).
Judges: McConnell, Benke, O'Rourke
Read full opinion on CourtListenerSourced 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.