Snowstorm Acquisition Corp. v. Tecumseh Products Co.

How courts have described this case

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

• concluding that the complaint adequately pleaded that the vice president “was a major player in the operations of that company” for purposes of Section 20(a)
• holding that a securities fraud plaintiff must prove “not only that one person controlled another person, but also that the ‘controlled person’ is liable under the Act.”
• “In Delaware . . . a claim for common law fraud is not subject to the heightened pleading standards of the PSLRA . . .”
• “motive may be a factor in analyzing the defendant's state of mind”

Source: CourtListener parenthetical corpus (CC0).