Does a court have to accept as true all of the allegations contained in a complaint?

MultiRegion, United States of America

The following excerpt is from Bailey v. N.Y. Law Sch., 19-3473 (2nd Cir. 2021):

Although a court "must accept as true all of the allegations contained in a complaint," this tenet is "inapplicable to legal conclusions," and "[t]hreadbare recitals of the elements of a cause of action, supported by mere conclusory statements, do not suffice." Ashcroft v. Iqbal, 556 U.S. 662, 678 (2009).

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