Year: 2008

This Week In Securities Litigation (June 13, 2008)

This week, a private action based on a proxy fight raised a key question regarding the innovation of Wall Street, the application of disclosure rules under the securities laws and the position of the SEC. At the same time, the

Part III: Securities Class Actions: Current And Emerging Trends

Since most securities class actions are resolved shortly before or after the motion to dismiss, pleading standards are often critical. The PSLRA adopted the particularity requirement of Rule 9(b) in its specialized pleading standards. Now however, a new pleading standard