Year: 2008

The Second Circuit handed down a decision on Tuesday which may become of increasing importance as the market crisis continues to spawn litigation. The court clarified its prior guidance on the standard of proof required for class certification and ruled …

The Second Circuit And Market Efficiency On Class Certification Read More »

In Bucks County Retirement Board v. Home Depot, Inc., Case No. 07-13810 (11th Cir. Oct. 8, 2008), the court affirmed the dismissal of a securities class action brought against Home Depot and six of its senior officers for failure to …

Scienter, Confidential Witnesses And The Corporation Read More »