United States Fifth Circuit
Municipal Employees' Retirement System of MI v. Pier 1 Imports, 18-10998
Affirmed. Investors who alleged that Pier 1 Imports was a trend-based fashion retailer with inventory that carried a significant markdown risk they failed to disclose were unable to adequately plead scienter.
Appellate Information
- Published 2019/08/19
Judges
- Elrod
Court
- United States Fifth Circuit