Month: February 2009

In Dura Pharmaceuticals, Inc. v. Broudo, 544 U.S. 342 (2005), the Supreme Court held that a securities law plaintiff must prove loss causation — that is, a causal link between the claimed injury and loss — in order to recover …

Dura Causation: Expert Testimony Excluded Read More »

New SEC Chairman Mary Schapiro continued to assemble her team this week, naming a new enforcement director. Nevertheless, controversy and scandal continued to follow the Commission’s enforcement program. The SEC filed three significant cases this week. One is a settled …

This Week In Securities Litigation (February 20, 2009) Read More »