Raab’s Empirical Analysis
Citation profile
43 district · 3 state decisions
How this case has been cited
Cited by 143 later decisions — most recently March 2023 · most notably United States Court of Appeals, Second Circuit (1996), Parnes
43 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
Relies on Basic Inc. v. Levinson · Virginia Bankshares, Inc. v. Sandberg · Hanon v. Dataproducts Corp. · Schneider v. Vennard · Krim v. BancTexas Group, Inc.
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 143 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“'Soft,' 'puffing' statements such as these generally lack materiality because the market price of a share is not inflated by vague statements predicting growth.”
12 later decisions quote this exact passage · from the majority“[i]f growth proves less than predicted, buyers will sue; if growth proves greater, sellers will sue. Imposing liability would put companies in a whipsaw, with a lawsuit almost a certainty. Such liability would deter companies from discussing their prospects, and the securities markets would be deprived of the information that those predictions offer. We believe that this is contrary to the goal of full disclosure underlying the securities laws, and we decline to endorse it.”
8 later decisions quote this exact passage · from the majority“[r]egulatory changes ... have created a marketplace ... with an expected annual growth rate of 10% to 30% over the next several years.”
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.