In Re Vantive Corporation Securities Litigation’s Empirical Analysis
2002
Citation profile
16 district · 1 state decisions
How this case has been cited
Cited by 141 later decisions — most recently March 2023 · most notably Daou Systems Inc v. V W (2005), K-Tel International Inc Securities Litigation v. Rg N
16 district · 1 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 DiLeo v. Ernst & Young · Janas v. McCracken · Decker v. Glenfed, Inc. · Lawrence Greebel Richard Crane Brian Robinson John Ann Somers v. Ftp Software Inc · Schneider v. Vennard
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 141 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“(1) In any private action ... in which the plaintiff alleges the defendant (A) made an untrue statement of material fact; or (B) omitted to state a material fact necessary in order to make the statements made, in the light of the circumstance in which they were made, not misleading; the complaint shall specify each statement alleged to have been misleading, the reason why the statement is misleading, and if an allegation regarding the statement or omission is made on information and belief, the complaint shall state with particularity all facts on which that belief is formed. (2) In any private action ... in which the plaintiff may recover money damages only on proof that the defendant acted with a particular state of mind, the complaint shall, with respect to each act or omission alleged ... state with particularity facts giving rise to a strong inference that the defendant acted with the required state of mind.”
4 later decisions quote this exact passage · from the majority“[I]f a plaintiff is to rely on the existence of reports as a means of establishing knowledge, she must “include adequate corroborating details,” such as [ ] “who drafted them, [ ] which officers received them,” and “an adequate description of their contents.” [ ] The reason for requiring such detail [I] that “every sophisticated corporation uses some kind of internal reporting system reflecting earlier forecasts,” and that allowing a plaintiff “to go forward with a case based on general allegations of ‘negative internal’ reports would expose all those companies to securities litigation whenever their stock prices dropped.””
3 later decisions quote this exact passage · from the majority“) (facts must come closer to demonstrating intent as opposed to mere motive and opportunity). The stricter standard for pleading scienter naturally results in a stricter standard for pleading falsity, because”
3 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.