Year: 2008

The circuit courts continue to evolve their view of the Supreme Court’s test under Tellabs, Inc. v. Makor Issues & Rights, Ltd., 127 S. Ct. 2499 (2007), construing the PSLRA’s “strong inference” of scienter requirement. Last week, the Ninth Circuit …

Tellabs, Confidential Witnesses And The Eighth Circuit Read More »

The Second Circuit summarily affirmed the CSX ruling in a case which raises significant issues regarding whether the present regulatory scheme is outmoded – a point being raised by many in view of the collapse of Lehman Brothers, the take-over …

CSX Affirmed And New Financial Fraud And Options Backdating Cases Read More »