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Commentaries
Securities Law

Makor: “Strong Inference” of Scienter – A New Standard, But No New Results
The Tellabs tale really has two parts – part one is a Supreme Court decision, which ultimately remanded the case back to the 7th Circuit to apply its ruling, and part two is the subsequent 7th Circuit decision. The Supreme Court decision in Tellabs Inc. v. Makor Issues & Rights…
Posted:
10/19/2007
Summaries
Securities Law >
New Judicial Opinions

Supreme Court Vacates 7th Circuit Judgment in Tellabs v. Makor, Orders Remand
This securities fraud class action was filed against the corporation (petitioner Tellabs, which is the defendant in the class suit before the district court) and its chief executive officer (CEO). It was alleged that, among other things, defendants made false assurances to the public investors, in a series of statements,…
Date of ruling:
06/21/2007
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