Recent Posts

Ninth Circuit Applies Heightened Twombly/Iqbal Pleading Standard to Allegations of Tracing in a Section 11 Claim
Posted on 17 Jan 2013 by Sheppard, Mullin, Richter & Hampton LLP

by John Stigi and Robin Achen In In re Century Aluminum, the Court held that plaintiffs who purchased their shares in the aftermarket must plead facts with "sufficient specificity" to allow the court to draw a "reasonable inference"... Read More

Supreme Court to Consider Securities Fraud Pleading Question
Posted on 15 Jun 2010 by Thomas O. Gorman

The Supreme Court granted certiorari on Monday in a securities fraud class action, agreeing to hear a question regarding pleading standards. The question presented is: "Whether a plaintiff can state a claim under Section 10(b) of the Securities... Read More