← 103 F. Supp. 2d 1 - In Re the Baan Co. Securities Litigation

103 F. Supp. 2d 1 - In Re the Baan Co. Securities Litigation’s Empirical Analysis

2000

Citation profile

cited by 58 later decisions

states following

May 2019

most recently cited

11 federal appellate · 23 district · 1 state decisions

Relationships

Relies on Conley v. Gibson · Scheuer v. Rhodes · Hishon v. King & Spalding · Basic Inc. v. Levinson · Central Bank of Denver Na v. First Interstate Bank of Denver Na K

Most-quoted passages

The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 58 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.

“Taken together, it appears that in order to satisfy the heightened pleading standard under the PSLRA, a plaintiff must state facts that, if true, would compel or forcefully suggest the conclusion that a given defendant acted with the required state of mind. A plaintiff need not disprove every conceivable rationale a defendant might put forward to explain why a particular statement was made. However, if the facts alleged do not exclude other plausible explanations that would undercut a plaintiffs circumstantial inference of scienter, then that plaintiffs facts cannot be fairly said to raise a “strong inference” that the defendant acted with the required state of mind.”
2 later decisions quote this exact passage · from the majority
e.g. In Re SCB Computer Technology, Inc., Securities Litigation · 326 F. Supp. 2d 68 - In Re US Office Products Securities Litigation
“must identify the roles of the individual defendants, and describe their involvement, if any, in preparing the misleading statements”
2 later decisions quote this exact passage · from the majority
e.g. City of Monroe Employees Retirement System v. Bridgestone Corp. · City of Monroe Employees Retirement System v. Bridgestone Corp.
“mere publication of inaccurate accounting figures or failure to follow GAAP, without more, does not establish scienter.”
2 later decisions quote this exact passage · from the majority
e.g. 115 F. Supp. 2d 620 - In Re MicroStrategy, Inc. Securities Litigation · 326 F. Supp. 2d 68 - In Re US Office Products Securities Litigation

How this case has been treated — in progress

Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.