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Alle Oberthemen / Law / Civil Law / Civil Procedure 1L
21
Dura Pharma v. Broudo (notes)
Securities fraud action, co. inflated value of stock due to misrepresentations.  Stock lost value after co. announced earnings were lower than expected.  Shareholders claim dismissed.

H - They didn't show cause - that the misrepresentations caused their loss in value.  Not a heightened pleading requirement, but a simple 8(a)(2) deficiency - no relief can be granted if no cause.
Tags: Pleading, Specificity
Quelle:
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Karteninfo:
Autor: stgillian
Oberthema: Law
Thema: Civil Law
Schule / Uni: Tulane
Ort: New Orleans, LA
Veröffentlicht: 02.03.2010

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