Month: August 2007

LIABILITY IN SECURITIES FRAUD ACTIONS: Part XIV: The Circuits Split on the Key Issue of Inferences

Despite the intent of Congress to create a uniform pleading standard in Section 21D(b)(2) of the Private Securities Litigation Reform Act (“PSLRA”), the circuit courts split on key issues such as the required state of mind and what evidence must

The Week in Review (August 20-24, 2007): Dog Days and Enforcement Activity

It’s the dog days of summer in Washington, those final days of August when everyone wants to be on vacation as the summer moves to an end. This fact clearly shows in the inventory of cases brought last week by