collection of payment for those sales less likely. According to the plaintiff, Buxton’s awareness or reckless disregard of the accounting treatment of these sales is shown by, among other things, her presence at a meeting where concerns about distributor sales were discussed and by the fact that reports were sent to her showing the rapidly increasing receivables and loosened terms. One confidential witness also alleges that the loosened terms were “shared with top management.” SAC ¶ 76. The defendants contend that the reference to “top management” is too vague to support an inference of scienter with respect to any individual defendant. See Plumbers & Pipefitters Local Union No. 719 Pension Trust Fund v. Conseco Inc., No. 09cv6966, 2011 WL 1198712, at *23 (S.D.N.Y. Mar. 30, 2011) (<HOLDING>). However, unlike in Conseco, the allegation
holding that allegations of motive and opportunity were not enough to create a strong inference of scienter holding vague allegations of bias insufficient holding that vague allegations against unnamed executives and senior  employees do not raise a strong inference of scienter holding that recounting of analysts opinions did not prove underlying factual support necessary to create a strong inference of scienter holding that collective sales of 10 insufficient to raise strong inference of conscious fraud