Companies Mentioned

Mayer Brown LLP

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Title
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Commentaries
Securities Law

PIMCO v. Mayer Brown: Adopting the “Attribution” Standard for Secondary Actors
The Second Circuit has held that secondary actors can be held liable for Rule 10b-5 damages actions only for false statements attributed directly to the secondary actor at the time of their dissemination. In Pacific Investment Management Co. v. Mayer Brown, 603 F.3d 144 (2nd Cir. 2010), the Court of…
Posted:
07/6/2010