Fifth Circuit: Loc 731 I.B. of T. Excavators v. Diodes, Incorporated

Securities, FRCP

Insufficiently strong inference of scienter in securities pleading, as top management was not necessarily aware of the specificities of the publicly-disclosed labor issues, early shipments would exacerbate the alleged labor troubles, and the sales of stock represented a small percentage of the executive's investments in the company.

http://www.ca5.uscourts.gov/opinions/pub/14/14-41141-CV0.pdf