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CALIFORNIA CORPORATE & SECURITIES LAW

Ninth Circuit Requires Particularity In All Elements Of Securities Fraud Pleading

Sometimes, I find it useful to take a step back and review the legal standard applicable to securities fraud claims under Section 10(b) and Rule 10b-5. ┬áTo stay in court, and securities litigation all about surviving motions to dismiss, a plaintiff must allege all of the following: A material misrepresentation or omission; Scienter; A connection…

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