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United States Ninth Circuit


LIPTON v. PATHOGENESIS CORP., 00-35268

Where allegations in a securities class action complaint, taken as a whole, fail to raise a strong enough inference of scienter to meet the heightened pleading requirements of the Private Securities Litigation Reform Act of 1995, dismissal of the complaint is proper.

Appellate Information

  • Argued 10/19/2001
  • Decided 03/20/2002
  • Published 03/20/2002

Judges

  • Before KLEINFELD and GOULD, Circuit Judges, and ROLL, District Judge.

Court

  • United States Ninth Circuit

Counsel

  • For Appellees:
  • Matthew J. Ide,Steven J. Toll, and Mark S. Willis (New York), Cohen, Milstein, Hausfeld & Toll, P.L.L.C., Seattle, WA;  Robert M. Kornreich and Patricia I. Avery, Wolf Popper, LLP, New York, NY, for plaintiffs-appellants-cross-appellees., Stellman Keehnel, Gray Cary Ware & Freidenrich, LLP, Seattle, WA;  Tim J. Filer and Christopher G. Emch, Foster Pepper & Shefelman, PLLC, Seattle, WA, for defendants-appellees-cross-appellants.
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