Spradlin v. United States

How later courts describe this case

• finding that complaint satisfied Rule 9(b) by referring to specific dated documents, i.e., the Form 10-K, press releases, and annual reports, alleged to be misleading
• “there is a duty to correct or revise a prior statement which was accurate when made but which has become misleading due to subsequent events.”
• Rule 9(b) met by referring to specific dated documents, such as Form 10-K, press releases, and annual reports, that were claimed to be misleading
• “It is reasonable to require that the plaintiffs specifically plead those events which they assert give rise to a strong inference that the defendants had knowledge”
• "logic compels the conclusion that time may render statements immaterial”
• "The requirement of particularity does not abrogate Rule 8, and it should be harmonized with the general directives ... of Rule 8 that the pleading should contain a 'short and plain' statement of the claim or defense and with each averment should be 'simple, concise and direct.' Rule 9(b