May 01, 2014

Inside This Issue

Basic Likely to Survive Halliburton II

As a follow-up to our Special Alert, here is an update on the Halliburton II oral argument and our refined predictions for the outcome of this critically important case on the fraud on the market doctrine The full article can be read here.

Supreme Court to Decide Whether Subjective Falsity is Required for Section 11 Claims

We examine the Supreme Court’s grant of certiorari in the Omnicare case and the implications of a decision on whether subjective falsity is required for opinions in Section 11 claims. The full article can be read here.

Recent Favorable Case Law in the Ninth Circuit on the Core Operations Doctrine: What it Means for Investors

A look at the importance of Reese v. Malone, a recent Ninth Circuit case affirming the viability of the core operations doctrine for investors. The full article can be read here.

The Supreme Court Grants Certiorari in Indymac: What’s at Stake for Investors, Securities Lawyers, and the Courts. What You Should Do Right Now to Prepare.

In this recently published Bloomberg BNA Securities Regulation & Law Report article, Cohen Milstein partner Michael Eisenkraft discusses the import of the Supreme Court’s grant of certiorari in Indymac and lays out specific steps that investors and their attorneys should take in preparation. The full article can be read here.

The full May 2014 issue can be read here.

More information about Cohen Milstein’s Securities Fraud/Investor Protection Practice can be found here, or call (202) 408-4600.