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May 22, 2014
Ash v. Powersecure International, Inc. et al
Case Number:
4:14-cv-00092
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
View recent docket activity
Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.
Coverage
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November 15, 2017
4th Circ. Rips 'Inference Upon Inference' In Stock-Drop Case
The Fourth Circuit spared PowerSecure International Inc. and its CEO from having to square off against a stock-drop suit, saying Wednesday that securities fraud class actions must include facts that directly suggest a company or its bosses knew of wrongdoing and cannot "stack inference upon inference" to suggest fraudulent intent.
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