Legal Opinion
Rubinstein v. Collins
Court of Appeals for the Fifth Circuit
Decided May 5, 1994No. 92-02736PublishedCited by 200 opinions
1Opinion of the Court
WIENER, Circuit Judge:
In this securities fraud case, Plaintiffs-Appellants Judith Rubinstein and Howard Greenwald (“Plaintiffs”) appeal the order of the district court dismissing their complaint pursuant to Rule 12(b)(6) 1 for failure to state a claim. Plaintiffs sought relief under § 10(b) 2 and § 20(a) 3 of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 4 promulgated thereunder. The district court dismissed these claims by applying what has been called the “bespeaks caution” doctrine, holding that economic forecasts and predictions are not actionable when such…
2Cases cited40 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Scheuer v. RhodesSupreme Court of the United States · 1974
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
35 more not listed; retrieve them via the Exa API.
3Cited by200 opinions
- Lormand v. US Unwired, Inc.Court of Appeals for the Fifth Circuit · 2009
- Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
- In Re Silicon Graphics Inc. Securities Litigation. Edmund J. Janas v. Edward R. McCracken Michael Ramsay Robert K. Burgess Thomas J. Oswald Teruyasu Sekimoto Forest Baskett Stephen Goggiano William M. Kelly Lucille Shapiro Silicon Graphics, Inc., Deanna Brody Andrea S. Donald Israel Buck Ruth Buck Denise Struthers Thomas G. Di Cicco Ira Steven B. Ewall Rosalyn Golaine Jerry Krim Mary Anne Beke Herman Grossman Samuel J. Reiner Dennis Lucas v. Edward R. McCracken Michael Ramsay Robert K. Burgess Thomas J. Oswald Teruyasu Sekimoto Forest Baskett Stephen Goggiano William M. Kelly Lucille Shapiro Silicon Graphics, Inc.Court of Appeals for the Ninth Circuit · 1999
- FindWhat Investor Group v. FindWhat. ComCourt of Appeals for the Eleventh Circuit · 2011
- Spivey v. RobertsonCourt of Appeals for the Fifth Circuit · 1999
195 more not listed; retrieve them via the Exa API.