Flaherty & Crumrine Preferred Income Fund Inc. v. TXU Corp.

Citation175 L.Ed.2d 125,558 U.S. 873,130 S.Ct. 199 (Mem)
Decision Date05 October 2009
Docket NumberNo. 09–2.,09–2.
PartiesFLAHERTY & CRUMRINE PREFERRED INCOME FUND INCORPORATED, et al., petitioners, v. TXU CORP., et al.
CourtU.S. Supreme Court
Opinion

Petition for writ of certiorari to the United States Court of Appeals for the Fifth Circuit denied.

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20 cases
  • In re Houston Am. Energy Corp.
    • United States
    • U.S. District Court — Southern District of Texas
    • August 22, 2013
    ...Income Fund, Inc. v. TXU Corp., 565 F.3d 200, 208 (5th Cir.2009) ( citing Ind. Elec., 537 F.3d at 533),cert. denied,558 U.S. 873, 130 S.Ct. 199, 175 L.Ed.2d 125 (2009). The Fifth Circuit has also rejected group pleading of scienter and requires the plaintiffs to plead facts showing “the sta......
  • In re Sec.
    • United States
    • U.S. District Court — Southern District of Texas
    • December 8, 2010
    ...200, 213 (5th Cir.2009) ( citing Dorsey v. Portfolio Equities, Inc., 540 F.3d 333, 341 (5th Cir.2008)), cert. denied, ––– U.S. ––––, 130 S.Ct. 199, 175 L.Ed.2d 125 (2009). Rule 9(b) applies to state law fraud claims. Sullivan v. Leor, 600 F.3d 542, 550–51 (5th Cir.2010). In order to plead a......
  • S. Snow Mfg. Co. v. Snowizard Holdings, Inc.
    • United States
    • U.S. District Court — Eastern District of Louisiana
    • December 14, 2012
    ...124.Flaherty & Crumrine Preferred Income Fund, Inc. v. TXU Corp., 565 F.3d 200, 207 (5th Cir.2009), cert. denied,558 U.S. 873, 130 S.Ct. 199, 175 L.Ed.2d 125 (2009). 125.Benchmark Elecs., Inc. v. J.M. Huber Corp., 343 F.3d 719, 723 (5th Cir.2003) (quoting Tel–Phonic Servs., Inc. v. TBS Int'......
  • In re Key Energy Servs., Inc. Secs. Litig.
    • United States
    • U.S. District Court — Southern District of Texas
    • March 31, 2016
    ...knowledge of the corporation's officer and employees acquired in the course of their employment.”), cert. denied , 558 U.S. 873, 130 S.Ct. 199, 175 L.Ed.2d 125 (2009) ; Abrams , 292 F.3d at 432 (“A pleading of scienter may not rest on the inference that defendants must have been aware of th......
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