In re AOL, Inc. Repurchase Offer Litig.

1 Citing case

  1. Moshell v. Sasol Ltd.

    20 Civ. 1008 (JPC) (S.D.N.Y. Jul. 24, 2021)

    “[A]n erroneous statement of fact in a pleading ‘can give rise to the imposition of sanctions only when the particular allegation is utterly lacking in support.'” In re AOL, Inc. Repurchase Offer Litig., No. 12 Civ. 3497 (DLC), 2013 WL 6331802, at *3 (S.D.N.Y. Dec. 5, 2013) (quoting Kiobel v. Millson, 592 F.3d 78, 81 (2d Cir. 2010)). When the accuracy of statements attributed to a witness in a complaint is at issue, the witness's subsequent repudiation of those statements is not dispositive of whether the plaintiff's counsel met their Rule 11 obligations.