Rosenberg v. Gould
Court of Appeals for the Eleventh Circuit
1Opinion of the Court
PRYOR, Circuit Judge:
This appeal presents the issue whether a complaint satisfies the heightened standard for pleading scienter, under section 10(b) of the Securities Exchange Act, 15 U.S.C. § 78j(b), when the complaint alleges that a chief executive officer who had granted backdated options in 2000 and 2001 later signed security filings and made other statements that minimally overstated earnings between 2004 and 2006. Shareholders who purchased stock of Witness Systems, Inc. between April 23, 2004, and August 11, 2006, filed a putative class action against Witness and its former chief…
2Cases cited7 opinions
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
- Bryant v. Avado Brands, Inc.Court of Appeals for the Eleventh Circuit · 1999
- Robert Garfield v. NDCHealth CorporationCourt of Appeals for the Eleventh Circuit · 2006
- James N. Stephens v. Department of Health and Human Services, Secretary, James N. Stephens v. Terry S. Coleman, Isabel P. DunstCourt of Appeals for the Eleventh Circuit · 1990
- In Re: Comshare, Incorporated Securities Litigation. Harry M. Hoffman v. Comshare, Inc.Court of Appeals for the Sixth Circuit · 1999
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