Year: 2009

THIS WEEK IN SECURITIES LITIGATION (October 23, 2009)

As Congress considered comprehensive legislation to regulate OTC derivates in the house, the SEC added management capability to the enforcement division, considered regulation for dark pools and issued a report on harmonization with the CFTC. Enforcement, in conjunction with the

DURA AND IQBAL, TWO DECISIONS HAVING AN IMPACT

Dura Pharmaceuticals, Inc. v. Broudo, 544 U.S. 336 (2005), discussed here, requiring that a securities law plaintiff plead and prove facts establishing loss causation continues to have a significant impact on securities litigation. The High Court’s recent constriction of the

Top