Month: July 2009

The battle with insider trading continues as the Commission considers its options in the high profile loss in the Mark Cuban insider trading case discussed here. SEC v. Leyva, Case No. 09 cv 1565 (S.D. Cal. Filed July 20, 2009) …

THE SEC CONTINUES THE WAR ON INSIDER TRADING Read More »

A key pleading requirement under the PSLRA is the Section 21D(b)(2) mandate that a plaintiff plead facts which establish a strong inference of the requisite state of mind. The Supreme Court in Tellabs, Inc. v. Makor Issues & Rights, Ltd., …

THE SECOND CIRCUIT AND PLEADING SCIENTER Read More »