Kevin Dougherty v. Esperion Therapeutics
Court of Appeals for the Sixth Circuit
1Opinion of the Court
SILER, Circuit Judge.
*975 Plaintiffs in securities-fraud suits are subject to a more onerous pleading burden than the average plaintiff. They must plead, among other things, a "strong inference of scienter" that is "cogent and at least as compelling as any opposing inference of nonfraudulent intent." Doshi v. Gen. Cable Corp. , 823 F.3d 1032 , 1039 (6th Cir. 2016) (quoting Tellabs, Inc. v. Makor Issues & Rights, Ltd. , 551 U.S. 308 , 314, 127 S.Ct. 2499 , 168 L.Ed.2d 179 (2007) ). In this case, the district court held that Plaintiffs, certain stockholders of Esperion Therapeutics, failed to…
2Cases cited14 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Matrixx Initiatives, Inc. v. SiracusanoSupreme Court of the United States · 2011
- Pr Diamonds, Inc. v. John P. ChandlerCourt of Appeals for the Sixth Circuit · 2004
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