In recent weeks, the Supreme Court’s decision in Tellabs, Inc. v. Makor Issues & Rights, Ltd., 127 S.Ct. 2499 (2007), construing the PSLRA requirement of a “strong inference” of scienter, has resulted in the dismissal of what seems to be …

Tellabs: Leaving A Trail Of Dismissed Cases Read More »

In what can only be viewed as a stunning and unprecedented admission, SEC Chairman Cox issued a Release stating that the staff had failed to properly investigate Bernard Madoff, the Wall Street giant who is claimed to have admitted running …

Chairman Cox Admits SEC Staff Failed To Properly Investigate Madoff Read More »