In re Silicon Graphics Inc. : Shareholder wealth effects resulting from the interpretation of the private securities litigation reform act's pleading standard

Southern California Law Review

Volumn 73, Issue 4, 2000, Pages 773-

  Johnson, Marilyn F ^a   Nelson, Karen K ^a   Pritchard, A C ^a  

^a NONE

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EID: 0041681738     PISSN: 00383910     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (1)

1. In re Silicon Graphics Inc. Sec. Litig., 183 F.3d 970 (9th Cir. 1999). The case was a securities fraud class action brought by shareholders who claimed misstatements about company performance inflated the value of the company's stock and that corporate insiders profited from the inflated price through insider trading. The court dismissed the claims based on the rigorous standard it adopted. See id. at 980.