Spitzberg v. Houston American Energy Corp.

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 plaintiffs sufficiently pled loss causation based on the drop in stock price that occurred after the corrective disclosure
• asserting that what defendants actually believed was irrelevant to whether plaintiffs have alleged that defendants’ false and misleading statements were severely reckless
• “[A] mixed present/future statement is not entitled to the safe harbor with respect to the part of the statement that refers to the present.” (quotation omitted)

Source: CourtListener parenthetical corpus (CC0).