Summary
holding "[b]ecause, by their very nature, predictions of the future are less certain than statements about past events, courts have been less apt to find forward-looking statements material and have been more dubious of claims that it was reasonable for investors to rely upon such statements in making trading decisions."
Summary of this case from Mooney v. Pioneer Nat. Res. Co.Opinion
No. 561, 2004.
April 14, 2005.
Appeal from Chancery CA 18751.
Decision without published opinion. Affirmed.