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Article

Dorsey & Whitney LLP | USA | 14 Nov 2011

A circuit split on class certification in securities fraud cases

The Ninth Circuit joined the Third and the Seventh in concluding that at the class certification stage plaintiffs in a securities fraud damage action need not prove materiality to utilize the fraud-on-the market.

Article

Dorsey & Whitney LLP | USA | 23 Mar 2011

The Supreme Court affirms its traditional materiality test

The Supreme Court adopted the position of the SEC, affirming its traditional test of materiality.

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