Corporate Governance

The 10b-5 Guide: A Survey of 2007 Securities Fraud Litigation

By Harvard Law School Program on Corporate Governance

My partners Robert F. Carangelo, Paul A. Ferrillo and Caitlyn M. Campbell have recently issued the 2007 edition of Weil, Gotshal & Manges‘ The 10b-5 Guide: A Survey of 2007 Securities Fraud Litigation. The Survey includes a detailed assessment of an extraordinarily active year in securities law in which securities fraud class action filings increased by 43%, fueled in part by the subprime mortgage crisis, and the Supreme Court handed down two significant opinions. The Survey also contains summaries of recent decisions concerning the federal securities laws, including Tellabs, Inc. v Makor Issues & rights, Ltd and Stoneridge Investment Partners, LLC v. Scientific-Atlanta, Inc., and highlights particular topic areas, such as the heightened pleading requirements under the Private Securities Litigation Reform Act of 1995, secondary liability and loss causation.

The Survey is available here.

Full post as published by The Harvard Law School Corporate Governance Blog on September 10, 2008 (boomark / email).