In re Facebook, Inc.’s Empirical Analysis
2013
Citation profile
2 district ·
Relationships
Applies 15 U.S.C. § 77P (§ 16 of the Securities Act of 1933) · 28 U.S.C. § 1331 · 28 U.S.C. § 1332 (Class Action Fairness Act of 2005)
Relies on Bell Atlantic Corp. v. Twombly · Ashcroft v. Iqbal · Scheuer v. Rhodes · Cohen v. Beneficial Industrial Loan Corp. · Steel Co. v. Citizens for a Better Environment
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 8 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“[Facebook] repeatedly made express and extensive warnings in the Company’s Registration Statement, drafts of the Registration Statement and in its final Offering Documents about the trend of increased use of mobile applications. Thus, even if internal projections could be consider material to the IPO, [ ] Plaintiffs have not demonstrated that the Facebook projections would have significantly altered the total mix of information in the marketplace, considering that these disclosures were publicly disseminated.”
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.