Month: September 2007

Tellabs, Inc. v. Makor Issues & Rights, Ltd., 127 S.Ct. 2499 (2007) creates a new “jade falcon” standard of for pleading a strong inference of scienter, vesting significant authority in the District Courts.  That standard, crafted by Justice Ginsburg in …

LIABILITY IN SECURITIES FRAUD ACTIONS Part XVI: The “Jade Falcon” Standard – The Opinion in Tellabs Read More »

Yesterday, the SEC settled one of its leading “pillow talk” insider trading cases, SEC v. Rockledge, Civil Action No. 05-10074 (D. Mass. Filed Jan. 12, 2005).  In this case, the SEC’s complaint alleged that Scott M. Rockledge, Chairman and CEO …

Insider Trading – “Pillow Talk” Cases Read More »