Williams v. Donahoe

How courts have described this case

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

• recognizing that where 10b5-1 trading plans are entered into during the class period to take advantage of an inflated stock price, they provide no defense to scienter allegations
• holding that allegations describing the defendants’ efforts to conceal information demonstrate fraudulent intent
• noting that, before the PSLRA was passed, \the sufficiency of a complaint for securities fraud was governed by Rule 9\
• reasoning that “a significant gap in fourth quarter sales tends to support [a] claim that inventory was misleadingly characterized throughout the Class Period”
• describing the standard for a complaint's reliance on a confidential source who is not named in the complaint
• finding scienter when Defendants created a false narrative of growth and had the opportunity to personally benefit throughout the class period

Source: CourtListener parenthetical corpus (CC0).