The Fifth Circuit held that the press release in question was not sufficient to satisfy the requirements to establish loss
causation because «although the stock price dropped dramatically on the day of the 1 August 2006 press release, no new facts concerning Cyberonics» stock - option accounting were disclosed in that release which demonstrated that the «
truth became known»
about Cyberonics» challenged financial statements.»
The
truth about factual
causation issues in most personal injury actions is that, where there's any issue at all, it's not one that involves difficult questions of law or any need to venture into realms of philosophy or metaphysics, abstract, concrete or something else.