Materialization is another theory used to plead and prove loss causation. This theory is used “where the alleged misstatement conceals a condition or event which then occurs and causes the plaintiff’s loss, it is the materialization of the unclosed condition …
Year: 2007
LIABILITY IN SECURITIES FRAUD ACTIONS: Part XX: Theories of Proof Under Dura.
Following Dura Pharmaceuticals, Inc., v. Broude, 544 U.S. 356 (2005), securities law plaintiffs can no longer simply plead “fraud on the market” to link the claimed fraud to the economic injury. While such an allegation continues to suffice as to …
LIABILITY IN SECURITIES FRAUD ACTIONS: Part XX: Theories of Proof Under Dura. Read More »