Rand v. Cullinet Software, Inc.’s Empirical Analysis
1994
Citation profile
2 federal appellate · 8 district ·
How this case has been cited
Cited by 16 later decisions — most recently August 2021
2 federal appellate · 8 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
Applies 15 U.S.C. § 78J (§ 10 of the Securities Exchange Act of 1934)
Relies on Anderson v. Liberty Lobby, Inc. · Ernst & Ernst v. Hochfelder · Basic Inc. v. Levinson · TSC Industries, Inc. v. Northway, Inc. · Blue Chip Stamps v. Manor Drug Stores
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 16 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“If an alleged omission involves speculative judgments about future events, ... materiality “will depend at any given time upon a balancing of both the indicated probability that the event will occur and the anticipated magnitude of the event in light of the totality of the company activity.””
1 later decision quote this exact passage · from the majority“there must be a substantial likelihood that the disclosure of the omitted fact would have been viewed by the reasonable investor as having significantly altered the “total mix” of information made available.”
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.