Year: 2011

A CIRCUIT SPLIT ON CLASS CERTIFICATION IN SECURITIES FRAUD CASES

The Ninth Circuit joined the Third and the Seventh in concluding that at the class certification stage plaintiffs in a securities fraud damage action need not prove materiality to utilize the fraud-on-the market. Three other circuits take a contrary view.

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THIS WEEK IN SECURITIES LITIGATION (November 11, 2011)

On this Veterans Day we take a moment to honor and remember those who have served all of us. We honor every person who has served our country in the military and those who presently wear the uniform. We honor

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