n Singh v. Cigna Corp., No. 17-3484-cv, 2019 U.S. App. LEXIS 6637 (2d Cir. Mar. 5, 2019), the United States Court of Appeals for the Second Circuit affirmed the dismissal of a class action complaint that purported to base a...more
3/13/2019
/ Material Misstatements ,
Medicare ,
Policies and Procedures ,
Puffery ,
Regulatory Requirements ,
Rule 10b-5 ,
Scienter ,
Securities Exchange Act ,
Securities Fraud ,
Securities Litigation ,
Stock Drop Litigation
In Varjabedian v. Emulex Corp., No. 16-55088, 2018 U.S. App. LEXIS 10000 (9th Cir. Apr. 20, 2018), the United States Court of Appeals for the Ninth Circuit split from the Second, Third, Fifth, Sixth and Eleventh Circuits to...more
4/27/2018
/ Acquisitions ,
Class Action ,
Disclosure Requirements ,
Dismissals ,
False Statements ,
Financial Adviser ,
Negligence ,
Pleading Standards ,
Rule 10(b) ,
Rule 10b-5 ,
Scienter ,
Section 17(a) ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Securities Litigation
In IBEW Local 98 Pension Fund v. Best Buy Co., Inc., No. 14-3178 (8th Cir. Apr. 12, 2016), the United States Court of Appeals for the Eighth Circuit held, in a Rule 10b-5 securities fraud action, that the district court...more
5/9/2016
/ Best Buy ,
Class Action ,
Class Certification ,
Financial Markets ,
Fraud-on-the-Market ,
FRCP 23(b)(3) ,
Halliburton v Erica P. John Fund ,
Material Misstatements ,
Rule 10b-5 ,
Securities Fraud ,
Stock Prices