No. 25-1255October Term 2025Petition Pending
The Hain Celestial Group, Inc., et al., Petitioners v. Salamon Gimpel, et al.
Hain Celestial asks the Supreme Court to review a securities-fraud lawsuit in which investors claim that company executives acted knowingly or recklessly in making misleading statements.
Case status
- Current stage
- Petition Pending
- Latest event
- Petition pending
- Decision timing
- No decision timeline until the Court agrees to hear the case.
- What it's about
Hain Celestial asks the Supreme Court to review a securities-fraud lawsuit in which investors claim that company executives acted knowingly or recklessly in making misleading statements. The case concerns how specifically plaintiffs must allege facts showing that executives knew of, or deliberately ignored, the alleged problems under the federal securities-laws pleading standard.
Question presented
1. Whether a plaintiff may plead scienter based on the “core operations doctrine,” under which the alleged significance of an issue supports an inference that defendants must have known about it. 2. Whether a plaintiff may plead scienter by alleging that executives generally receive information through routine corporate communications, such as internal reports or customer calls, without specifying the contents of those communications.
- Case path
United States Court of Appeals for the Second Circuit / Petition pending
- Area
Business and Regulation
Briefing
What it's about
Hain Celestial asks the Supreme Court to review a securities-fraud suit over how investors must plead scienter (knowledge of wrongdoing or reckless disregard). The questions concern whether plaintiffs can rely on an issue's importance to the company or on general claims about executives receiving routine internal information.
Argument
The petition has been submitted to Justice Sotomayor, and oral argument has not been scheduled. Hain Celestial argues that courts are divided over two recurring questions about pleading scienter under the federal securities laws.
Impact
The case could affect how hard it is for investors to keep securities-fraud claims alive at the pleading stage. For example, shareholders alleging that executives misled them may need more specific facts about what executives knew and when they knew it.
What is at stake in Hain Celestial Group v. Gimpel?
The case could set rules for how specifically investors must allege that executives knew about, or deliberately ignored, alleged problems.
Who could be affected by the Hain Celestial case?
Investors bringing securities-fraud suits and companies defending their executives could be affected. The outcome could shape which claims move beyond the initial pleading stage.
What happens next in Hain Celestial Group v. Gimpel?
The Supreme Court may decide whether to hear the case through certiorari. No decision window or oral-argument date is set.
Related cases
Grounding
- Grounding
- Primary materials plus reporting.
- Note
- Best-effort analysis: this explainer relies on a mix of primary materials and trusted secondary sources. Official filings and opinions remain authoritative.
- Checked
- Sep 3, 2026
- Method
- Methodology