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Rooney ex rel. Situated v. Ezcorp, Inc. SAM SPARKS SENIOR USA DISTRICT JUDGE

Rooney ex rel. Situated v. Ezcorp, Inc. SAM SPARKS SENIOR USA DISTRICT JUDGE

B. The Prior Order

The Court concluded Plaintiff had failed to allege specific facts giving rise to a strong inference Kuchenrither acted knowingly or recklessly in connection with the Non-Performing Loan misstatements made in its previous order. Purchase #54 at 21-25. Plaintiff had primarily alleged Kuchenrither knew of accounting concerns in connection with Non-Performing Loans because CW1 had informed Kuchenrither among these concerns in a ” show of conferences” held at EZCORP head office. Id. at 23-24. Plaintiff further alleged CW1 was in fact informed of the accounting issues by CW2. Id. These allegations were found by the Court unreliable because Plaintiff didn’t acceptably explain just exactly what CW2 told CW1 and considering that the allegations were “hearsay-within-hearsay.” Id. Continue reading “Rooney ex rel. Situated v. Ezcorp, Inc. SAM SPARKS SENIOR USA DISTRICT JUDGE”