Legal Opinion
City of Dearborn Heights Act 345 Police & Fire Retirement System v. Waters Corp.
Court of Appeals for the First Circuit
Decided January 20, 2011No. 10-1514PublishedCited by 59 opinions
1Opinion of the Court
LYNCH, Chief Judge.
This securities fraud class action raises one type of question under the category of questions about whether plaintiff investors have pled facts supporting a strong inference that defendants acted with scienter under the Private Securities Litigation Reform Act of 1995 (PSLRA), Pub.L. 104-67, 109 Stat. 737.
The dispute here is not about whether the facts alleged support the inference that the defendants knew of certain undisclosed facts during the class period. We addressed that type of scienter question in New Jersey Carpenters Pension & Annuity Funds v. Biogen Idec Inc.,…
2Cases cited35 opinions
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- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Dura Pharmaceuticals, Inc. v. BroudoSupreme Court of the United States · 2005
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3Cited by59 opinions
- Fire and Police Pension Assoc v. Abiomed, Inc.Court of Appeals for the First Circuit · 2015
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- In Re Boston Scientific Corp. Securities LitigationCourt of Appeals for the First Circuit · 2012
- Kader v. Sarepta Therapeutics, Inc.Court of Appeals for the First Circuit · 2018
- Mississippi Public Employees' Retirement System v. Boston Scientific Corp.Court of Appeals for the First Circuit · 2011
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