Year: 2008

This Week in Securities Litigation (March 7-13, 2008): Insider Trading, The End of A Controversial Hedge Fund Survey and the Sub-Prime Crisis

Insider trading – An international merger Based on trading in advance of Eurex Frankfurt A.G.’s $2.8 billion cash merger with International Securities Exchange Holdings, Inc. (“ISE”), the SEC and the Department of Justice brought, respectively, civil and criminal insider trading

Using Confidential Sources To Plead Scienter After Tellabs

Following the Supreme Court’s decision last June in Tellabs, Inc. v. Makor Issues & Rights, Ltd., 127 S.Ct. 2499 (2007), one key question in pleading a “strong inference” of scienter is whether plaintiffs can rely on facts supplied by confidential