David Longman’s Empirical Analysis
197 F.3d 675 · 1999
Citation profile
27 federal appellate · 9 district · 2 state decisions
How this case has been cited
Cited by 89 later decisions — most recently March 2023 · most notably Gariety v. Grant Thornton, LLP (2004), City of Monroe Employees Retirement System v. Bridgestone Corp. (2005)
27 federal appellate · 9 district · 2 state decisions
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Relationships
Relies on Ernst & Ernst v. Hochfelder · Basic Inc. v. Levinson · TSC Industries, Inc. v. Northway, Inc. · Santa Fe Industries, Inc. v. Green · Virginia Bankshares, Inc. v. Sandberg
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 89 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“[A] fact stated or omitted is material if there is a substantial likelihood that a reasonable purchaser or seller of a security (1) would consider the fact important in deciding whether to buy or sell the security or (2) would have viewed the total mix of information made available to be significantly altered by disclosure of the fact.”
11 later decisions quote this exact passage · from the majority“(1) the defendant made a false statement or omission of material fact (2) with scienter (3) upon which the plaintiff justifiably relied (4) that proximately caused the plaintiff’s damages.”
4 later decisions quote this exact passage · from the majority“opinion or puffery... in particular contexts when it is both factual and material ... may be actionable.”
4 later decisions quote this exact passage · from the majority
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.