Month: October 2009

Dura Pharmaceuticals, Inc. v. Broudo, 544 U.S. 336 (2005), discussed here, requiring that a securities law plaintiff plead and prove facts establishing loss causation continues to have a significant impact on securities litigation. The High Court’s recent constriction of the …

DURA AND IQBAL, TWO DECISIONS HAVING AN IMPACT Read More »

The SEC filed two settled administrative proceedings based on selling short in advance of an offering. While the cases themselves are routine, read in conjunction with others, they may confirm that enforcement has adopted a different approach on this issue. …

SELLING SHORT BEFORE AN OFFERING: AN EVOLVING POSITION Read More »