In Re WorldCom, Inc. Securities Litigation’s Empirical Analysis
2005
Citation profile
2 federal appellate · 1 district · 3 state decisions
How this case has been cited
Cited by 18 later decisions — most recently March 2024
2 federal appellate · 1 district · 3 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
Applies 15 U.S.C. § 78U (§ 21d of the Securities Exchange Act of 1934)
Relies on Tom Doherty Associates, Inc. v. Saban Entertainment, Inc. · Board of Education v. Nyquist · Ingersoll Milling Machine Co. v. M/V Bodena · Tucker Anthony Realty Corp. v. Schlesinger · International Paper Co. v. Continental Casualty Co.
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 18 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“Every party ... requires effective representation. It is impossible to predict or quantify the impact on a litigant of a failure to have adequate representation at this critical stage of litigation. The ability to mount a successful defense requires competent and diligent representation. The impact of an adverse judgment will have ramifications beyond the money that will necessarily be involved. There is the damage to reputation, the stress of litigation, and the risk of financial ruin—each of which is an intangible but very real burden.”
3 later decisions quote this exact passage · from the majority“It is a general principle under insurance law, that the obligation to pay under a liability policy arises as soon as the insured incurs the liability for the loss, in contrast to an indemnity policy where the obligation is to reimburse the insured for a loss that the insured has already satisfied.”
1 later decision quote this exact passage · from the majority“[t]he duty to pay defense costs `exists whenever a complaint against the insured alleges claims that may be covered under the insurer's policy.' In sum, the duty to pay defense costs is `construed liberally and any doubts about coverage are resolved in the insured's favor.'”
1 later decision 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.