NEW! 7/28/2009 3:59:42 PM EST
Dura Pharms., Inc. v. Broudo , 544 U.S. 336 (U.S. 2005) set the bar high for alleging and proving loss causation in actions for securities fraud brought under Section 10(b) of the Securities Exchange Act of 1934. In the latest case adopting a...
1/25/2009 3:17:53 PM EST
In Houston v. Seward & Kissel, LLP , 2008 U.S. Dist. LEXIS 23914 (S.D.N.Y. 2008), plaintiff sued defendant, a law firm, for aiding and abetting securities fraud, claiming that defendant participated in or materially aided in the fraudulent sale...