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Results: 1-4 of 4

Shareholder suit dismissed for insufficient scienter allegations

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • February 25 2011

The U.S. Court of Appeals for the Eleventh Circuit affirmed the dismissal of a consolidated securities fraud action, holding that the complaint's scienter allegations did not meet the required heightened pleading standards

Second Circuit addresses “bespeaks caution” doctrine

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • March 19 2010

On an appeal from the district court’s dismissal of plaintiff’s securities fraud complaint, the U.S. Court of Appeals for the Second Circuit applied the “bespeaks caution” doctrine regarding forward-looking statements with differing results

Receipt of stock options insufficient to show continuation of alleged conspiracy

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • June 11 2010

The U.S. District Court for the District of South Carolina set aside the convictions of two employees of Medical Manager Corporation for conspiracy to commit mail, wire and securities fraud

Third Circuit rejects novel government securities fraud theory

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • April 16 2010

The U.S. Court of Appeals for the Third Circuit affirmed the lower court’s dismissal of certain novel theories on which the government predicated a criminal indictment against two high-ranking executives of a pharmaceutical company