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Corporate & Securities Law

: The 10b-5 Daily

The Guessing Game

By Lyle Roberts

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In the early days of the Private Securities Litigation Reform Act and its new heightened pleading standards, courts regularly dismissed complaints that engaged in "puzzle pleading" (i.e., failed to specify the exact corporate statements that were false and the basis...

Full post as published by The 10b-5 Daily on September 04, 2009 (boomark / email).

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