Month: August 2007

The Supreme Court’s decision in Tellabs, Inc. v. Makor Issues & Rights, Ltd. 127 S. Ct. 2499 (2007) regarding Section 21D(b)(2) of the Reform Act is rooted in a split in the circuits over the pleading standards for the state …

LIABILITY IN SECURITIES FRAUD DAMAGE ACTIONS: Part XI: The Circuit Split Which Leads to Section 21D(b)(2) of the Reform Act Read More »

A Sad end to the Pequot investigation  The Senate Finance Committee issued a lengthy report on the SEC’s now closed investigation into Pequot Capital Management which hopefully is the final chapter in this sad saga.  The report details one misstep …

Securities Litigation This Week (August 6 to 10, 2007) Read More »