In re OSG Securities Litigation’s Empirical Analysis
2013
Citation profile
1 district · 1 state decisions
Relationships
Applies 15 U.S.C. § 77K (§ 11 of the Securities Act of 1933) · 15 U.S.C. § 77Z (§ 26 of the Securities Act of 1933) · 15 U.S.C. § 78J (§ 10 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)
Relies on Ashcroft v. Iqbal · Ernst & Ernst v. Hochfelder · Tellabs, Inc. v. Makor Issues & Rights, Ltd. · Pinter v. Dahl · Stoneridge Investment Partners, LLC v. Scientific-Atlanta, Inc.
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 15 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“(a) To employ any device, scheme, or artifice to defraud, (b) To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading, or (c) To engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person, in connection with the purchase or sale of any security.”
2 later decisions quote this exact passage · from the majority“any untrue statement of a material fact or ... omit[s] to state a material fact ... in connection with the purchase or sale of any security.”
2 later decisions quote this exact passage · from the majority“aware of the principal U.S. tax laws applicable to the Company, the subjectivity of foreign source income to U.S. federal income taxes and the 'critical' nature of OSG’s policy of accounting for income taxes”). See also id. ¶ 184 (noting that senior OSG officials”
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.