Legal Opinion

Asher v. Baxter International Inc.

Court of Appeals for the Seventh Circuit

Decided October 17, 2007No. 07-2128PublishedCited by 29 opinions

1Opinion of the Court

EASTERBROOK, Chief Judge.

More than three years ago we held that the complaint in these six consolidated securities actions could not be summarily dismissed under the safe harbor, 15 U.S.C. § 78u-5(c), created by the Private Securities Litigation Reform Act of 1995 for forecasts and other forward-looking statements. Asher v. Baxter International Inc., 377 F.3d 727 (7th Cir.2004). We expected that discovery sufficient to make a prompt decision about the safe harbor would follow our opinion, for the safe harbor is supposed to be applied at an early stage. What happened instead was extended…

2Cases cited14 opinions

  1. Mitchell v. ForsythSupreme Court of the United States · 1985
  2. Bowles v. RussellSupreme Court of the United States · 2007
  3. Behrens v. PelletierSupreme Court of the United States · 1996
  4. Kontrick v. RyanSupreme Court of the United States · 2004
  5. Eberhart v. United StatesSupreme Court of the United States · 2005

9 more not listed; retrieve them via the Exa API.

3Cited by29 opinions

  1. McReynolds v. Merrill Lynch, Pierce, Fenner & Smith, Inc.Court of Appeals for the Seventh Circuit · 2012
  2. Hanes v. ZurickCourt of Appeals for the Seventh Circuit · 2009
  3. Gutierrez v. Johnson & JohnsonCourt of Appeals for the Third Circuit · 2008
  4. United States v. NeffCourt of Appeals for the Seventh Circuit · 2010
  5. Rogers v. Baxter International Inc.Court of Appeals for the Seventh Circuit · 2008

24 more not listed; retrieve them via the Exa API.

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