DISCLAIMER: Any unofficial case summaries below are prepared by the clerk's office
as a courtesy to the reader. They are not part of the opinion of the court.
163264P.pdf 07/25/2017 Macomb County Employees v. Stratasys Ltd.
U.S. Court of Appeals Case No: 16-3264
U.S. District Court for the District of Minnesota - Minneapolis
[PUBLISHED] [Benton, Author, with Loken and Murphy, Circuit Judges]
Civil case - Securities Fraud. In this action by shareholders alleging
defendant made knowingly false promotional statements, the district court
did not err in finding the statements the shareholders relied on were so
vague and such obvious hyperbole that no reasonable investor would rely on
them; nor did the shareholders allege the necessary scienter, and the
district court did not err in dismissing the action.