Steiner v. Shawmut National Corp.

How courts have described this case

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

• “What Rule 9(b) requires, in short, is a pleading that gives fair notice in light of the special nature of fraud cases.”
• “complaint alleges only in a most sketchy fashion circumstances which would give rise to an inference of fraud” where timing of statements is sole basis for allegation
• first announcement on January 23, 1990, second announcement on March 21, 1990
• professional defendants owe no duty to unknown prospective investors
• professional defendants owe no duty to unknown prospective investors

Source: CourtListener parenthetical corpus (CC0).