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6 Mar 2017, 4:26 pm by Kevin LaCroix
  In particular, lawsuits against companies headquartered in Ireland, the United Kingdom and Germany were the highest on record.[5] Part of the reason securities actions against foreign companies remain post-Morrison is that, if foreign companies choose to trade their securities on U.S. exchanges, these transactions fall squarely within prong one of Morrison (“transactions in securities listed on domestic exchanges”) and thus remain subject to U.S. securities laws. [read post]
9 Oct 2006, 5:12 pm
The Respondent also failed to provide alternative figures as to what hours the individuals were eligible or available to work, or what amounts are proper for gross backpay. [read post]
23 Apr 2018, 1:20 am by Kevin LaCroix
For example, securities plaintiffs must plead falsity, materiality, and scienter with particularity as to each statement challenged under Section 10(b).[19] Likewise, Congress understood that the heightened pleading standard under Federal Rule of Civil Procedure 9(b), which applies to allegations concerning fraud or mistake, would apply to the element of falsity under all federal securities statutes, including the 1933 Act. [20] As a complement to the heightened pleading standards, the Reform Act… [read post]