In Re Time Warner Inc. Securities Litigation’s Empirical Analysis
9 F.3d 259 · 1993
Citation profile
89 federal appellate · 51 district · 4 state decisions
How this case has been cited
Cited by 476 later decisions — most recently February 2025 · most notably In re Burlington Coat Factory Securities Litigation (1997), Shields v. Citytrust Bancorp, Inc. (1994)
89 federal appellate · 51 district · 4 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
Applies 15 U.S.C. § 77 · 15 U.S.C. § 77G (§ 7 of the Securities Act of 1933) · 15 U.S.C. § 77H (§ 8 of the Securities Act of 1933) · 15 U.S.C. § 78J (§ 10 of the Securities Exchange Act of 1934) · 28 U.S.C. § 1291
Relies on Conley v. Gibson · Basic Inc. v. Levinson · TSC Industries, Inc. v. Northway, Inc. · Bankers Trust Co. v. Mallis · United Families of America v. Kendrick
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 476 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“[A]n omission is actionable under the securities laws only when the corporation is subject to a duty to disclose the omitted facts.”
17 later decisions quote this exact passage““in connection with the purchase or sale of securities, the defendant, [2] acting with scienter, [3] made a false material representation or omitted to disclose material information and that [4] plaintiffs reliance on defendant’s action [5] caused [plaintiff] injury.””
16 later decisions quote this exact passage“[W]e hold that when a corporation is pursuing a specific goal and announces that goal as well as an intended approach for reaching it, it may come under an obligation to disclose other approaches to reaching the goal when those approaches are under active and serious consideration.”
7 later decisions quote this exact passage
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.