545 U.S. 546 (2005) Cited 4,154 times 10 Legal Analyses
Holding that the supplemental jurisdiction statute permits the exercise of diversity jurisdiction over additional plaintiffs who fail to satisfy the minimum amount-in-controversy requirement, as long as the other elements of diversity jurisdiction are present and at least one named plaintiff does satisfy the amount-in-controversy requirement
Holding section 78u-4(b) does not literally require pleading of all facts, so long as facts pleaded provide adequate basis for believing statements were false
Holding that stock sales of individual defendants are only indicative of scienter where they are "dramatically out of line with prior trading practices" (quoting In re Apple Computer Sec. Litig., 886 F.2d 1109, 1117 (9th Cir. 1989))
Holding district court did not abuse its discretion in denying leave to file surreply because the court did not consider new evidence included in reply brief
Holding that plaintiffs failed to allege corporate scienter where they did not specifically identify reports or statements to which the corporate officer had access that would have contradicted the allegedly fraudulent corporate statements at issue
Holding that optimistic statements about the defendant company's financial future based on expansion of retail operations were actionable because the plaintiff alleged facts raising the inference that the defendants were aware of adverse facts indicating that the expansion had failed