State v. Diedrich

How courts have described this case

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

• holding that plaintiff pleaded a material misstatement by alleging with particularity that defendants violated GAAP
• noting that “the normal procedure where the lower court has not considered a pertinent issue is to remand a case”
• upholding dismissal when plaintiff attributed statements to “management,” but not individuals
• upholding dismissal when plaintiff attributed statements to “management,” but not individuals
• “Moreover, the allegations of knowledge and severe recklessness must be considered in conjunction with the defendants’ bonuses and stock sales profits.”
• “While [the Fifth Circuit] will view a complaint in totó when considering whether a complaint has adequately pled scienter, each allegation of fraud must individually meet the particularity requirements of the PSLRA.” (internal citation omitted)

Source: CourtListener parenthetical corpus (CC0).