Teachers' Retirement System Of Louisiana v. Hunter

How courts have described this case

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

• holding that “the plaintiff must allege facts that support a strong inference of scienter with respect to at least one authorized agent of the corporation”
• holding that plaintiffs must plead [loss causation] “with sufficient specificity to enable the court to evaluate whether the necessary causal link exists”
• holding that plaintiffs must plead [loss causation] “with sufficient specificity to enable the court to evaluate whether the necessary causal link exists”
• noting that negative 18 characterization of previously known information cannot constitute a corrective 40 1 disclosure
• explaining that the Court “must ascertain whether the complaint states sufficient facts to permit a reasonable person to find that the plaintiff satisfied this element of his claim—that the defendant made a false or misleading statement”
• finding deficient a complaint that, among other things, failed to “allege that defendants timed their sales to profit from any particular disclosures”

Source: CourtListener parenthetical corpus (CC0).