Brody v. Stone & Webster, Inc.
Court of Appeals for the First Circuit
1Opinion of the Court
LEVAL, Senior Circuit Judge.
This appeal concerns primarily the sufficiency of a complaint alleging securities fraud under the standards of the Private Securities Litigation Reform Act (“PSLRA”), 15 U.S.C. § 78u-4. With respect to most of the claims, the United States District Court for the District of Massachusetts granted the defendants’ motion to dismiss, based principally on the court’s conclusion that the allegations were insufficient to satisfy the PSLRA’s required pleading standards. On the remaining claims, the district court granted summary judgment for defendants and then entered a…
2Cases cited18 opinions
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- United States v. GaudinSupreme Court of the United States · 1995
- Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
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