Year: 2008

This Week In Securities Litigation (June 27, 2008)

This week, the Attorney Client Protection Act of 2008, pending in the Senate following passage in the House, received support from a group of former federal prosecutors. In securities damage actions, Brooks Automation reached a tentative settlement in a class

Does Tellabs Have Any Impact In the Second Circuit?

Part IV of the series Securities Class Actions: Current and Emerging Trends discusses the impact of the Supreme Court’s decision in Tellabs. That decision construed the “strong inference” of scienter requirement of PSLRA Section 21D(b)(2). That part of the series