Year: 2008

The Tellabs decision, construing the PSLRA’s “strong inference” of scienter requirement, continues to have a significant impact on pleading requirements in securities damage actions. The Sixth Circuit is the latest circuit to conclude that the Supreme Court’s decision reduced the …

The Sixth Circuit Concludes That Tellabs Lowers Its Scienter Pleading Standard Read More »

There has been a lot of discussion as the market crisis continues to unfold about reorganizing the regulators in Washington. An action filed on Tuesday by the SEC suggests that at least sometimes the market regulators can in fact work …

The SEC, USAO, CFTC and FRB: A Financial Fraud Case Based On Derivatives Read More »