United States Eighth Circuit

Investor action under the Securities Exchange Act and rule 10b-5, alleging that a corporation engaged in fraudulent schemes to inflate stock prices, was properly dismissed where investors failed to plead with particularity allegedly misleading statements or omissions, and scienter.

Appellate Information

• Decided 07/01/2002
• Published 07/01/2002

Judges

• BEAM, Circuit Judge., Before FAGG, BEAM, Circuit Judges, GOLDBERG, Judge.

Court

• United States Eighth Circuit

Counsel

• For Appellant:
  
• Richard A. Lockridge, argued, Minneapolis, MN Gregg M. Fishbein and Gregory J. Myers, Minneapolis, MN, James C. Krause and Patrick N. Keegan, San Diego, CA, on the brief), for appellant.


• For Appellees:
  
• David P. Pearson, argued, Minneapolis, MN (Jeffrey R. Ansel, Minneapolis, MN, on the brief), for appellee.