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.