Steiner v. Southmark Corp.

How courts have described this case

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

• recognizing the relaxation of Federal Rule 9(b) to allow for allegations of fraud on information and belief as to matters within the opposing party’s knowledge “if accompanied by a statement of the facts upon which the belief is based”
• recognizing the relaxation of Federal Rule 9(b) to allow for allegations of fraud on information and belief as to matters within the opposing party’s knowledge “if accompanied by a statement of the facts upon which the belief is based”
• indicating Affiliated Ute presumption inapposite where “[plaintiffs’ primary contention is that defendants created a distortion of [the company’s] financial condition through a series of overly optimistic and/or incomplete financial statements, press releases, and statements”

Source: CourtListener parenthetical corpus (CC0).