Legal Opinion

Mesko v. Cabletron System, Inc.

Court of Appeals for the First Circuit

Decided November 12, 2002No. 01-1965PublishedCited by 224 opinions

1Opinion of the Court

LYNCH, Circuit Judge.

This case requires us to apply the pleading standards for private securities fraud litigation under the Private Securities Litigation Reform Act of 1995 (“PSLRA”), 15 U.S.C. § 78u-4(b) (2000), and raises several issues of first impression for this court. The district court, acting under Fed. R.Civ.P. 12(b)(6), dismissed the complaint. We differ with the district court concerning certain tests to be applied in assessing securities fraud claims and in construction of our precedent. We conclude that the complaint as a whole complies with the PSLRA in sufficient part, and we…

2Cases cited48 opinions

  1. Illinois v. GatesSupreme Court of the United States · 1983
  2. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  3. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  4. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  5. Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996

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3Cited by224 opinions

  1. Zucco Partners, LLC v. Digimarc Corp.Court of Appeals for the Ninth Circuit · 2009
  2. Securities & Exchange Commission v. TamboneCourt of Appeals for the First Circuit · 2010
  3. In Re Daou Systems, Inc., Securities Litigation, Greg Sparling Eugene Krabbenhoft Patrick De Kruyff, Esq. Robert Zaretsky Rod Ford Thomas v. Hagman Richard W. Walsh Richard Toribio Paul Rabin v. Georges Daou Daniel Daou Fred McGee Robert McNeill John Moragne Daou Systems, Inc., in Re Daou Systems, Inc., Securities Litigation, Greg Sparling Eugene Krabbenhoft Patrick De Kruyff, Esq. Robert Zaretsky Rod Ford Thomas v. Hagman Richard W. Walsh Richar Toribio Paul Rabin v. Georges Daou Daniel Daou Fred McGee Robert McNeill John Moragne, and Daou Systems, Inc.Court of Appeals for the Ninth Circuit · 2005
  4. Rodriguez-Ortiz v. Margo Caribe, Inc.Court of Appeals for the First Circuit · 2007
  5. Institutional Investors Group v. Avaya, Inc.Court of Appeals for the Third Circuit · 2009

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