Subscribe for CLE Announcements

PPE Logo
For Live and Recorded CLE Seminars, click:
Blog speechadvise

Case Summary

4873 No authority establishes that California accepts suspicious stock sales by corporate directors as circumstantial evidence of scienter in a fraud case; sales of stock by directors who sold more stock before an alleged fraud occurred or after it was publicly announced than at any other time did not support an inference that they sold with inside knowledge of the fraud; a corporate CEO's expression to directors regarding concerns about existing accounting methods were not sufficient to justify the conclusion that directors were aware of fraud in those methods; a single email to a director, from a single employee, reporting on a single allegedly unethical practice, was not sufficient to suggest that the directors knew or should have known about extensive fraud accounting fraud in the corporation.

Citation

BAINS v MOORES (Corporate Fraud) 172 CA4 445 [See: Unterberger v Red Bull 162 CA4 414, T/AT 5/08; Charnay v Cobert 145 CA4 170, T/AT 2/07; Zucco v Digimarc 552 F3 981; Kamen v Lindly 94 CA4 197, T/AT 1/02]

2009 Case Summaries


JAN: 4802 | 4803 | 4804 | 4805 | 4806 | 4807 | 4808 | 4809 | 4810 | 4811 | 4812 | 4813 | 4814 | 4815 | 4816 | 4817 | 4818 | 4819 | 4820 | 4821 | 4822 | p1469 | p1470 | p1471 | p1472 | p1473 | p1474 | p1475 | p1476 | p1477 | p1478 | p1479 | p1480 | p1481 | p1482 | p1483 | p1484 | p1485 | p1486 | p1487 | p1488 | p1489 | p1490 | p1491 | p1492 | p1493 | p1494 | p1495 | p1496 | p1497 | p1498 | p1499 | p1500 |
FEB: 4823 | 4824 | 4825 | 4826 | 4827 | 4828 | 4829 | 4830 | 4831 | 4832 | 4833 | 4834 | 4835 | 4836 | 4837 | 4838 | 4839 | 4840 | 4841 | 4842 | 4843 | 4844 | 4845 | 4846 | 4847 | 4848 |
MAR: 4849 | 4850 | 4851 | 4852 | 4853 | 4854 | 4855 | 4856 | 4857 | 4859 | 4860 | 4861 | 4862 | 4863 | p1501 | p1502 | p1503 | p1504 | p1505 | p1506 | p1507 | p1508 | p1509 | p1510 | p1511 | p1512 | p1513 | p1514 | p1515 | p1516 | p1517 | p1518 | p1519 | p1520 | p1521 | p1522 | p1523 | p1524 | p1525 | p1526 | p1527 | p1528 | p1529 | p1530 | p1531 |
APR: 4864 | 4865 | 4866 | 4867 | 4868 | 4869 | 4870 | 4871 | 4872 | 4873 | 4874 | 4875 | 4876 | 4877 | 4878 | 4879 | 4880 | 4881 | 4882 |
MAY: 4883 | 4884 | 4885 | 4886 | 4887 | 4888 | 4889 | 4890 | 4891 | 4892 | 4893 | 4894 | 4895 | 4896 | 4897 | 4898 | p1532 | p1533 | p1534 | p1535 | p1536 | p1537 | p1538 | p1539 | p1540 | p1541 | p1542 | p1543 | p1544 | p1545 | p1546 | p1547 | p1548 | p1549 | p1550 | p1551 | p1552 | p1553 | p1554 | p1555 | p1556 | p1557 | p1558 | p1559 | p1560 | p1561 | p1562 | p1563 | p1564 | p1565 | p1566 |
JUN: 4899 | 4900 | 4901 | 4902 | 4903 | 4904 | 4905 | 4906 | 4907 | 4908 | 4909 | 4910 |
JUL: 4911 | 4912 | 4913 | 4914 | 4915 | 4916 | 4917 | 4918 | 4919 | 4920 | 4921 | 4922 | 4923 | 4924 | 4925 | 4926 | 4927 | 4928 | p1567 | p1568 | p1569 | p1570 | p1571 | p1572 | p1573 | p1574 | p1575 | p1576 | p1577 | p1578 | p1579 |
AUG: 4929 | 4930 | 4931 | 4932 | 4933 | 4934 |
SEP: 4935 | 4936 | 4937 | 4938 | 4939 | 4940 | 4941 | p1580 | p1581 | P1582 | p1583 | p1584 | p1585 | p1586 | p1587 | p1588 | p1589 | p1590 | p1591 | p1592 | p1593 | p1594 |
OCT: 4942 | 4943 | 4944 | 4945 | 4946 | 4947 | 4948 | 4949 |
NOV: 4950 | 4951 | 4952 | 4953 | 4954 | 4955 | 4956 | 4957 | 4958 | 4959 | p1595 | p1596 | p1597 | p1598 | p1599 | p1600 | p1601 | p1602 | p1603 | p1604 | p1605 |
DEC: 4960 | 4961 | 4962 | 4963 | 4964 | 4965 | 4966 | 4967 | 4968 | 4969 |

Torts Case Summaries

1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000
2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009
2010 |

Civil Procedure Case Summaries

2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009
2010 |


Finz Case Law Summaries (Finz Advance Tapes)
PO Box 1422
Sierra Madre, CA 91025
Phone: (877) 858-3848 or (626) 298-6353
Email: faith@advancecollege.org

Site initially constructed by Cristalen, now maintained by Pincus Legal Education and HaveAByte.com
Copyright by Pincus Legal Education, Inc. ©1992 - 2013
All rights reserved