Opinion ID: 198674
Heading Depth: 2
Heading Rank: 3

Heading: Other Alleged False Statements and Material Omissions

Text: 120 Zirkle's upbeat statements of optimism and puffing about the company's prospects, described earlier, have each been reviewed and we conclude that they are not actionable. See Glassman, 90 F.3d at 635-36; Shaw, 82 F.3d at 1217-19.
121 The 10-Q Report stated there was an increase in accounts receivable and attributed it to increased sales. Plaintiffs do not say this statement was false; only that it was misleading because it did not say the increased sales were subject to return rights. As an independent ground, this is too slight; as a ground in service of the contingent sales/improper booking argument, it fails for the same reasons that argument fails.