Tag:Private Securities Litigation Reform Act
Corporate Counsel Insight
Blog Posts Can’t Carry Securities Fraud Claim Against Company, Appeals Court Rules
A blogger’s opinion could conceivably drive down a company’s stock price. But it might not be “factual” enough to prove the company’s disclosures were...
Law Week -
Corporate Counsel Insight
Supreme Court Halts Follow-On Class Actions
The U.S. Supreme Court’s flurry of major end-of-session decisions included one that gives companies some relief should they face a class action.
On June 11,...
Law Week -
Corporate Counsel Insight
SCOTUS: State Courts Can Keep Federal Securities Class Actions
More companies might be stuck defending federal securities claims in state courts following a new decision by the U.S. Supreme Court.
Justice Elena Kagan delivered...
Law Week -