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Louisiana School Employees' Retirement System v. Ernst & Young, LLP
6th CircuitSeptember 22, 2010No. 08-6194Cited 154 times
Defendant WinErnst & Young, LLP
Case Details
- Judge(s)
- Boggs, Moore, Gibson
- Status
- Published
- Procedural Posture
- appeal
- Circuit
- 6th Circuit
Related Laws
No specific laws identified for this ruling.
Outcome
The district court's dismissal of the securities fraud class action against Ernst & Young was affirmed on appeal. The court held that plaintiffs failed to plead with sufficient particularity facts that would give rise to a strong inference of scienter under the PSLRA pleading standard.
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