The Seventh Circuit’s decision in Makor Issues & Rights, Ltd. v. Tellabs, Inc. , 437 F.3d 558 (7th Cir. 2006), which was reviewed by the Supreme Court in Tellabs, Inc. v. Makor Issues & Rights, Ltd., 127 S.Ct. 2499 (2007), …

LIABILITY IN SECURITIES FRAUD ACTIONS: Part XV: The Decision in Tellabs – The Seventh Circuit’s Decision Read More »

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 …

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