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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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