(Download) "Environmental Protection Information Center v. United States Forest Service" by United States Court of Appeals for the Ninth Circuit # Book PDF Kindle ePub Free

eBook details

Title: Environmental Protection Information Center v. United States Forest Service
Author : United States Court of Appeals for the Ninth Circuit
Release Date : January 23, 2006
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 92 KB

Description

This consolidated class action litigation alleges that multiple actors engaged in a scheme to commit securities fraud by overstating the reported revenues of an Internet company, Homestore.com ("Homestore"). Homestore eventually restated its revenues, resulting in a decrease in revenues of more than $170 million and corresponding declines in Home-stores stock value. The district court dismissed the securities claims against Defendants-Appellees, relying on the Supreme Courts decision in Central Bank of Denver, N.A. v. First Interstate Bank of Denver, N.A., 511 U.S. 164 (1994).