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All main topics / Law / Civil Law / Civil Procedure 1L
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
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Flashcard info:
Author: stgillian
Main topic: Law
Topic: Civil Law
School / Univ.: Tulane
City: New Orleans, LA
Published: 02.03.2010




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