Jackson v. Avanos Medical
Case Number:
19-1300
Court:
Nature of Suit:
3850 STATUTES-Secur Comm Exchange
Companies
Sectors & Industries:
-
May 27, 2020
2nd Circ. Affirms Decision To Nix Kimberly-Clark Gown Suit
The Second Circuit on Wednesday refused to revive a stock-drop suit accusing Kimberly-Clark Corp. of lying about the quality of a surgical gown line, agreeing with a district court that the investor couldn't show executives knew about alleged faulty quality and lied about it.
-
April 22, 2020
Bid To Redo Kimberly-Clark Gown Suit Gets Cool Reception
The Second Circuit didn't appear keen Wednesday to revive a stock-drop suit accusing Kimberly-Clark Corp. of lying about the quality of a surgical gown line, with one judge saying alleged fibs told by managers didn't seem so "dramatic" that the company must have known a fraud was afoot.