416 F. Supp. 2d 239 - Brumbaugh v. Wave Systems Corp.’s Empirical Analysis
2006
Citation profile
14 district ·
Relationships
Applies 15 U.S.C. § 78J (§ 10 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78T (§ 20a of the Securities Exchange Act of 1934) · 15 U.S.C. § 78U (§ 21d of the Securities Exchange Act of 1934) · 15 U.S.C. § 78U (§ 21e of the Securities Exchange Act of 1934)
Relies on Ernst & Ernst v. Hochfelder · Basic Inc. v. Levinson · TSC Industries, Inc. v. Northway, Inc. · Dura Pharmaceuticals, Inc. v. Broudo · Lampf, Pleva, Lipkind, Prupis & Petigrow v. Gilbertson
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 24 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“The corporate puffery rule applies to loose optimism about both a company's current state of affairs and its future prospects.”
2 later decisions quote this exact passage · from the majority“identified as a forward-looking statement, and is accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those in the forward-looking statement, ... or ... the plaintiff fails to prove that the forward-looking statement ... [if made on behalf of a business entity by or with the approval of an executive officer was] made ... with actual knowledge by that officer that the statement was false or misleading.”
1 later decision quote this exact passage · from the majority“Dura does not require that a corrective disclosure precede a stock’s decline”); Parker Freeland v. Iridium World Communications, Ltd., et al., 233 F.R.D. 40, 47 (D.D.C.2006) (interpreting Dura narrowly and finding that”
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.