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· 12/5/2016

United States v. Cuevas-Pena

Citations

  • 671 F. App'x 252

How courts have described this case

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

  • finding that defendants' \statements are not misleading because they do not suggest that the undisclosed improper activity alleged by [p]laintiff was not occurring.\
  • finding that “allegations of specific instances of unethical or fraudulent practices” did “not render ... broad statements regarding compliance misleading.”
  • holding connection between misleading statement, the source of company's success, and the alleged omission, nondisclosure of predatory business model, was \too tenuous\ to make statements misleading
  • holding connection between statements about the source of company’s revenue and growth and the alleged omission, the nondisclosure of predatory business practices, was “too tenuous” to make statements misleading
  • statements regarding Defendant's growth \not misleading because they do not suggest that the undisclosed improper activity alleged by Plaintiff was not occurring\
  • “Rule 10b-5 imposes no duty to disclose all material, nonpublic information, [but] once a party chooses to speak, it has a duty to be both accurate and complete.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Haynes, Higginbotham, Prado

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.