More details about the Madoff Ponzi scheme emerged from the guilty plea of and SEC complaint against Frank DiPascali, the finance chief of Mr. Madoff’s so-called investment advisory business. U.S. v. DiPascali, Case No. 1:09-cr-0764 (S.D.N.Y. Filed Aug. 11, 2009). …

MADOFF’S ASSISTANT: “IT WAS ALL A FAKE” Read More »

Dura imposed significant pleading and proof requirements on plaintiffs seeking to bring a securities fraud action for damages. Under the Supreme Court’s decision, it is no longer sufficient for a securities law plaintiff to allege only price inflation. Now, there …

PART V: PLEADING REQUIRMENTS UNDER DURA — CONCLUSIONS Read More »