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Federal Courts -
7th Circuit Court of Appeals - January 25, 2006
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Makor Issues & Rights, Ltd. v. Tellabs, Inc., No. 04-1687,
UNITED STATES COURT OF APPEALS FOR THE SEVENTH CIRCUIT, January 25, 2006, Decided
View this case - free
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Overview: Stockholder's allegations against a company CEO, taken as a whole, pled sufficient facts from which a reasonable person could infer that he knowingly made false statements about his company's status and products, and therefore, the stockholder's complaint was sufficient to meet the heightened pleading requirements of 15 U.S.C.S. 78u-4(b).
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