Sloane Overseas Fund, Ltd. v. Sapiens International Corp.

How courts have described this case

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

• discussing control person status of company that was underwriter, creditor and founder of primary violator
• stating thát “if the' prior lawsuits specifically concerned the very misrepresentations alleged in the present complaint, then the prior lawsuits constitute inquiry notice” (internal quotation marks and citation omitted)
• Stock ownership does not show control where defendants own only 12% and are not controlling shareholders
• control can be inferred from substantial stock ownership

Source: CourtListener parenthetical corpus (CC0).