478 F. Supp. 2d 574 - In Re IAC/InterActiveCorp Securities Litigation’s Empirical Analysis
2007
Citation profile
2 district · 1 state decisions
Relationships
Applies 15 U.S.C. § 77K (§ 11 of the Securities Act of 1933) · 15 U.S.C. § 77O (§ 15 of the Securities Act of 1933) · 15 U.S.C. § 78J (§ 10 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78N (§ 14 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78O (§ 15 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78T (§ 20 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 Scheuer v. Rhodes · Papasan v. Allain · Basic Inc. v. Levinson · Dura Pharmaceuticals, Inc. v. Broudo · Herman & MacLean v. Huddleston
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 35 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“[I]f the defendant proves that any portion or all of such damages represents other than the depreciation in value of such security resulting from such part of the registration statement, with respect to which his liability is asserted, not being true or omitting to state a material fact required to be stated therein or necessary to make the statements therein not misleading, such portion of or all such damages shall not be recoverable.”
2 later decisions quote this exact passage · from the majority“[DARYL SMITH, ANALYST, JP MORGAN]: Good morning. On the Hotwire side of the equation, [it] traditionally benefited from preferential pricing associated with their close connection with airline suppliers. With airlines now liquidating their investment, when can we anticipate that their existing pricing contracts roll off and when do you think you’d expect the financial impact of that on the business? I have a follow-up question as well. DILLER: I’m sorry, forgive. If you just repeat the last part of your questions, cross talk here and I couldn’t hear it. SMITH: If you look at the airlines now liquidating them investment what’s the potential impact on the roll off of that pricing contracts and then what’s the impact on your business and when can we anticipate that happening? DILLER: I don’t know if there’s any. I think our agreements with airline are long-term. And, so, I don’t think that it will have any effect. Anybody else here have anything to comment on it? So that’s the answer to that.”
1 later decision quote this exact passage · from the majority“The statements contained in this release, which are not historical facts, are forward-looking statements.... Examples of such forward-looking statements include the expected revenues and sales of products and revenues related to this announcement. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the risks associated with the Company’s entry into ... new commercial food and energy markets that require the company to develop demand for its products, its ability to access the capital markets and other risks described in the Company’s Securities and Exchange Commission [filings].”
1 later decision quote this exact passage · from the majoritye.g. Sawant v. Ramsey
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.