Takara Trust v. MOLEX INCORPORATED

How courts have described this case

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

• to plead loss causation, plaintiff • “must allege that the company’s share price fell significantly after the truth about the alleged misrepresentations or omissions became known”
• “Thus, the ‘group pleading presumption’ — which assumes that false or misleading group-published information contained in SEC filings or press releases are the collective actions of the officers — does not apply to securities fraud actions post-PSLRA”
• public filings and stock prices are judicially noticeable

Source: CourtListener parenthetical corpus (CC0).