Companies Mentioned
Institutional Investors Group
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Commentaries
Securities Law
The Third Circuit provided important guidance regarding both the types of statements protectable under the PSLRA’s “Safe Harbor” provisions, and proper application of the Tellabs standard for alleging a “strong inference” of scienter in securities fraud cases. In Institutional Investors Group v. Avaya, 564 F.3d 242 (3rd Cir. 2009), the…
Posted:
07/6/2009