The Senate passed financial reform legislation which now must be reconciled with the House bill. SEC Chairman Schapiro and others appeared before Congress this week to testify about the recent market disruption. At the same time the SEC, while joining …

THIS WEEK IN SECURITIES LITIGATION (May 21, 2010) Read More »

A critical question in making forward looking statements is whether there is meaningful cautionary language. If there is, then the PSLRA provides a safe harbor from liability. If there is not, the speaker may be liable, but only upon proof …

MEANINGFUL CAUTIONARY LANGUAGE UNDER THE PSLRA Read More »