Companies Mentioned

Hayward Pediatrics, Inc.

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Commentaries
Securities Law

Malack v. BDO Seidman: Rejecting the “Fraud-Created-The-Market” Theory of Reliance
The U.S. Court of Appeals for the Third Circuit has rejected the use of the “fraud-created-the-market” theory of reliability for securities fraud claims. In Malack v. BDO Seidman, LLP, 617 F.3d 743 (3rd Cir. 2010), the Third Circuit upheld denial of class certification in a securities fraud case because the…
Posted:
11/12/2010