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· 3/23/2009

Stocke v. Shuffle Master, Inc.

Citations

  • 615 F. Supp. 2d 1180
  • 2009 U.S. Dist. LEXIS 29488
  • 2009 WL 798927

How courts have described this case

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

  • finding that repeated instances of “improper recognition of revenues before they were earned ... suggest a conscious decision to improperly recognize revenue”
  • finding scienter adequately pleaded where “the mistakes allowed the Company’s reported earnings to achieve consensus estimates”
  • “[A Rule] 10b5-1 trading plan does not provide an absolute defense to a 15 claim of insider trading. Rather, it requires an additional factual finding of good faith.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Dawson

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.