Xceleracom Securities Litigation v. M M’s Empirical Analysis
Citation profile
9 district ·
How this case has been cited
Cited by 27 later decisions (3 by the Supreme Court) — most recently October 2023 · most notably 134 S. Ct. 2398 - Halliburton Co. v. Erica P. John Fund, Inc. (2014), Halliburton Co. v. Erica P. John Fund, Inc. (2014)
9 district ·
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 · Waste Management Holdings, Inc. v. Mowbray · Cammer v. Bloom · Gariety v. Grant Thornton, LLP · Ross v. Bank South, N.A.
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 27 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“To avoid this result, the Supreme Court has recognized the fraud-on-the-market theory, which relieves the plaintiff of the burden of proving individualized reliance on a defendant’s misstatement, by permitting a rebuttable presumption that the plaintiff relied on the “integrity of the market price” which reflected that misstatement.”
1 later decision quote this exact passage · from the majority“because Plaintiffs' event study capture[d] the same-day reaction of Xcelera's stock price to company-specific events.”
1 later decision quote this exact passage · from the majoritye.g. Shash v. Biogen Inc.“the effect of company-specific information over longer windows of two, three, and five days”
1 later decision quote this exact passage · from the majoritye.g. Shash v. Biogen Inc.
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.